Southlake Real Estate Blog

We here at Team Hodnett are pleased to announce that we will now be able to help more Southlake Texas area home buyers and home sellers than ever!

I, Sharon Hodnett, will be featured on a live webcast stream on Ustream every Monday from 10 a.m. to 11 a.m. central time.

For the past several weeks, I have co-hosted a real estate segment on KVCE am 1160 with regular host Willie Lambright.

Now that the show has expanded to the web, we’ll be able to share our Dallas-Fort Worth real estate tips with even more Dallas-Fort Worth area home buyers and home sellers!

Our theme is “REAL ESTATE IS ON THE MOVE IN TEXAS!”

Southlake Texas Area Real Estate

Tune in from 10 to 11 a.m. on Mondays at http://www.ustream.tv/channel/real-estate-talk to hear all the latest news and advice about the Dallas – Fort Worth Texas real estate market, including:

• How to effectively stage your  Southlake TX home as a Southlake home seller
• Advice on how to successfully complete a Southlake TX short sales
• Negotiating tips for Southlake TX home sellers
• Pricing Strategies for your Southlake TX home for sale
• How to find the perfect Southlake TX area home for sale for you and your family
• And so much more!

Plus, you’ll even be able to live chat with me during shows using Ustream’s “Check-in and Chat” feature!

Southlake Texas Real Estate Experts

Navigating the Southlake Texas area real estate market can be confusing and complicated if you’re not working with a Southlake Texas real estate expert.

Contact me, Sharon Hodnett, and the rest of Team Hodnett, today to learn more about all of the excellent resources we provide for both Southlake home buyers and Southlake home sellers.

Until next time,

Sharon

According to Forbes, the Dallas Texas Area Real Estate is seeing an end to the nation-wide economic recession. Though jobs through out the country have been lost over the last three years, the Southlake and Colleyville areas right outside of Dallas/Fort Worth have held strong, and are now even showing signs of improvement.

Dallas/Fort Worth Area Real Estate Market

Between December 2007 and December 2009, jobs in the Dallas area rose .98% more than any other major city-and job numbers are projected to jump another 7.19% in the next three. Overall, the trend in job growth shines strongly for a predicted stronger real estate economy, as well.

Beyond the Southlake and Colleyville, TX Market Stats

Forbes picked the Dallas area-which includes Southlake and Colleyville-as well as the Austin, San Antonia and Houston areas that are faring well and turning around with strong economies.

The oil state also is faring well because of its energy, technology, government and education industries, which in turn supports a strong, steady and growing housing economy.

Learn More About Southlake and Colleyville TX Homes For Sale

Relocating to the Southlake Texas area is a wonderful choice right now, as home prices have held steady and home equity has not plummeted like in other cities around the country and investing in Colleyville TX real estate is almost certain to hold strong value. Would you like to learn more? Feel free to contact me, Sharon Hodnett, your Southlake and Colleyville TX real estate expert, or request my Southlake Real Estate Buying Guide to learn tips and advice for making your home buying process smooth and easy.

Until next time,
Sharon

I recently gave into temptation and purchased one of the new generation iPhones with G3 technology. While I don’t consider myself to be a “hard-core techie” it is important that I keep up with the latest tools to help Southlake buyers locate the home of their dreams. Plus, keeping up with technology helps me market my Southlake and Colleyville featured listings to a whole new segment of tech-savvy home buyers too.

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The Southlake Real Estate Market Has Changed

No doubt about it, the NE Tarrant County real estate market has changed over the last 6 months. In fact, recent data from the North East Texas Real Estate Information Systems (NETREIS) indicates existing home prices are down 7% this year in the greater DFW area – plus it’s taking longer for properties to sale. NE Tarrant County is now experiencing what has been occurring around our country for the last year, a market slowdown. With that said, Southlake and Colleyville luxury home sellers must accurately price their homes the moment they are listed. Otherwise, expect your NE Tarrant home to languish on the market without prospective home buyers and their offers!

Insiders Tips to Pricing/Marketing Your Southlake/Colleyville Luxury Home

Because our market has changed so much, price reductions are now the norm for many properties. Drive around your typical Southlake or Colleyville neighborhood and you’ll see sign after sign that says, “PRICE REDUCTION”! If you’re about to list your Southlake or Colleyville luxury home, you can avoid this malaise by pricing your home right to begin with.

Here are a few NE Tarrant County insider home seller tips to consider:

• Again – it is absolutely critical to “Price Your Home Accurately” when you list your home. Price reductions send messages to potential buyers that your overpriced home is undesirable. Once the price is reduced, NEVER launch a price reduction marketing campaign. If you do, you send signals to buyers that your home is all but unmarketable.

• When you first list your NE Tarrant County home for sale, have your Southlake real estate agent “debut” your property on Friday. Recent research and data indicates Friday is the very best day to have your home hit the local MLS! The absolute worst days are Mondays and Thursdays.

• When pricing your home accurately, make sure it falls within the correct pricing “categories”. Internet-based home buyers are more savvy web searchers today. Typically, searches are segmented in $25K to $50K increments. If your recommended home value is $551K based on a market analysis (CMA), it is recommend you list your home at $550K so your home falls in the $525K to $550K price point.

• Before you list your home for sale, have your agent search your “hyper-local” neighborhood to determine if there are “foreclosure properties” on the market. If so, it is recommended you hold off listing the home until that foreclosure home is off the market as foreclosure homes are typically difficult to compete against and set a bad precedent for home values in your area.

• To attract as many potential buyers as possible, we place your Southlake luxury home on many websites, including Craigslist. It’s all about marketing your NE Tarrant County home to as many “eyeballs” as possible!

What has been your experience in our lagging real estate market and tell us how you overcame your obstacles to successfully market your home? Are you thinking about listing your home for sale? If so, ask us any questions you might have about marketing your Southlake luxury home.

Until my next post,

Sharon