With our 1,000+ member organization, our primary goals are to serve the REALTOR®, the community and you, through education, involvement and property rights protection.
Friday, October 21, 2011
Coastal Bend MLS 2011 3rd Quarter Residential Housing Stats
Coastal Bend MLS 2011 3rd Quarter Residential Housing Stats
Saturday, October 15, 2011
Wednesday, July 20, 2011
Real Estate Alert! - Required 20% Down Payment
Qualified Residential Mortgage
On July 13, NAR launched a consumer CFA to six million current or future home owners asking them to support the REALTOR® opposition to a proposed federal regulation that would require a 20% down payment on a purchase of a home. Consumers can visit www.homeowneractioncenter.com to get important background on the regulation, use a calculator to determine how much money they would need for a 20% down payment on a loan, learn about our coalition efforts with the Coalition for Sensible Housing Policy, and allow them to send a letter of their own in opposition to the proposed regulation. Also included is an e-card that can facilitate REALTORS® sharing the consumer CFA with clients, friends, neighbors and other interested parties.
Please have a look, feel free to take action, and ask everyone you know to participate too. NAR believes that engaging voters in critical home ownership issues at the federal level is giving consumers the knowledge and capacity to make a difference for their future, because HOME OWNERSHIP MATTERS.
The CFA will remain live until August 1. If you need more information on the QRM issue, please visit REALTOR.org: http://www.realtor.org/topics/qrm
Thursday, April 21, 2011
Monday, January 31, 2011
Coastal Bend MLS 2010 Year End Stats
With the state of the economy nationwide, it is certainly not a surprise that the housing market in Corpus Christi has followed the national trend as it took a dip in 2010. Not great news, of course. But there definitely some positives in our market statistics.
First, and most importantly, if you compare Corpus Christi to the rest of the nation we are certainly down less in our housing market on the whole, which also means our recovery time will in turn be much less as well.
In 2010, there were 3,521 homes sold through the Coastal Bend Multiple Listing Service. That compares to 3,658 homes sold in 2009; a total of 137 fewer homes were sold in 2010 as compared to 2009.
The median sales price in 2010 was $135,000 compared to $134,850 in 2009. Total Dollar Volume was $550.085 million compared to $563.794 million in 2009, a decrease of $13.709 million in total sales. Average days on the Market for 2010 was 149, and 148 for 2009 and our current inventory sits at 10.3 months as compared to 10.35 months for 2009.
That is a snapshot of our market for 2009 as compared to 2010.
Saturday, January 15, 2011
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