Galveston Realtor

[sellinggalveston]

Looking for referrals in our market. Please let me know...Galveston is doing really well and has seen 20% growth for the last few years... its a good place to be...

[sellinggalveston]

Just saying Hi again in case anyone had any referrals right now for Texas beaches? :)

[sellinggalveston]

It is the time of the year to invest in beach/ vacation rental homes... great pricing and enough time to get the home ready for our march to Sept peak season!

[sellinggalveston]

We have such affordable real estate in Galveston!! I took a client out last weekend and we looked at new beachfront 3/4 bedrooms homes from 400k-600k... they said where they are from the same house would be 2m+ and the beaches look the same! I love Galveston!

[sellinggalveston]

We have survived hurricane IKE but some homes did not... there are some really good cash deals around right now... We just got one for 35k that was priced pre-storm at 175k...

[Codythebest]

We have survived hurricane IKE but some homes did not... there are some really good cash deals around right now... We just got one for 35k that was priced pre-storm at 175k...

$175K pre-storm...$35K now...How much after the next storm?;)

[sellinggalveston]

Well if you look at history Galveston gets hit on average every 20 years... so lets say the home gets hit in 10 years but it appreciated at 3% year which is low for an island... you would have a rise in value well over 50k... so lets say maybe pre hurricane Ike it was 175k , now post ike and fixed its worth 150k... + the 50k from appreciation in 10 years... it would be worth 200k. Then if the next storm wipes it out and you get 200k for insurance for a house you paid 35k and put 15 k of work into= 50 k.... you can walk away with 150k in your pocket worst case scenario. and still own the land thats worth 50k then. Not too bad huh?
:D

[Codythebest]

Keep history in mind though.
Andrew hit Homestead in 1992. Still today, nobody wants to buy in Homestead. The only buyers were out of the area people who didn't think or forgot about the hurricane...

[jamesww]

Hey SellingGalveston,

How is the clean up going and what happen to you on REW as I have not seen you over there for some time now.

[sellinggalveston]

thanks James... the clean up is tough but its coming right along. The summer was insane and we had way too much to handle. So posting has been weak for too long. So. I'm back in it now. REW, active rain, RE forum, and more. I missed this part of the job... how are you doing up there?

[jamesww]

Well my property up North here made it out just fine but business for me has been dead since the storm. Prior to that I could not have asked for more.

[sellinggalveston]

It should come back, but with the economy... it might be time to buy a few chickens and cows... The future is not looking good right now... but I am confident some people made good investments and will not be foreclosed on and people always have to move... so some REALTORS will not make it- but the strong ones will live to sell another day...

[hotrealtyleads.org]

[quote=sellinggalveston;46199]It should come back, but with the economy... it might be time to buy a few chickens and cows... [quote]

Maybe that's the ticket to ride this out.:rolleyes: It's just hard to find acrage here in locally. Maybe I should start reading up on chickens.....

[sellinggalveston]

lol...ya dont want to put the chickens and cows in a neighborhood- could you imagine the HOA! LOL