Market Conditions in Bryan>Question Details

Pat, Home Buyer in 29605

is the housing in bryan tx a good investment?

Asked by Pat, 29605 Thu Mar 6, 2008

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7
Kimba’s answer
I am a homeowner in College Station (since 2000) and am glad my husband and I did our homework when we relocated. College Station, as the 'younger' town, is probably - overall - economically healthier with nicer housing subdivisions. Note I said overall. But do not discount Bryan for some really nice subdivisions and areas. Additionally, it must be said that with 2 schools feeding into the housing market, a new trend for parents is to BUY a house in Bryan OR College Station for their student, then resale after he/she completes college, making a profit. So it's like dorming your kid for free AND making money on it. I have even seen this in my subdivision, and ironically, more so in the new part of an 1980s subdivision, opposed to the older end. I would advise anyone looking to relocate here to DO their homeword; go online and get a list of what you want, and find a good real estate (RE) person. I recommend Rita Oglethorpe- RE/Max (no relation!), who is the second RE point of contact I have had in 11 yrs. and I am HARD to please... Also, if you move into a subdivision, find out what their home association restrictions are so you can decide, especially if you would RATHER not live next to a houseful of students! After Austin, BCS is good RE investment!!!
0 votes Thank Flag Link Tue Jan 11, 2011
Hi Pat, Bryan probably will have better than average appreciation in the fairly near future. With the biomedical corridor going in and the Health Science Center opening we have industry moving in. Also we are in the center of what's called the "Texas Triangle" the major metropolitan areas of Texas. The growth in the triangle is supposed to be greater than average in the next few years.

Notice I didn't say you will get wealthy off real estate. It's probably going to be a modest increase over our typical 3-5% growth and my crystal ball has been out of commission for a long time, however, quite a bit of information points to our continued growth and prosperity!
Web Reference: http://www.ChrisTesch.com
0 votes Thank Flag Link Wed Sep 15, 2010
According to the local realtor associations information, since 2006, the yearly average sales price of homes has continued to increase. From approximately $153,500 in 2006 to $170,000 in 2009. As another agent stated, the Bryan College Station market is very fortunate in the fact that we have Texas A&M University located here and that creates a "bubble" in not only the housing market but the job market as well.

You can log onto my company website at http://www.starthill.com for additional home statistics as well as local area information/updates and home search.
Web Reference: http://www.starthill.com
0 votes Thank Flag Link Fri Mar 5, 2010
This question was posted quite a while ago and the real estate market, the economy and the stock market has changed quite a bit in the past year. Is it a good time to buy - well now the answer is "it depends".
Is it a good time to buy if your family needs a home - YES!
Is it a good time to buy if you qualify for the $8,000 tax credit? YES!
Is it a good time to buy if you want a great buy on Bryan or College Station real estate? YES!
is it a good time to buy if you are buying on speculation hoping the prices increase like it did in California or Florida a few years ago - NO!

So - contact a highly active, proactive, informed real estate agent at CENTURY 21 Beal (http://century21bcs.com) or 979-764-2100 and we'll help you purchase the right property for YOUR needs!
Web Reference: http://susanhilton.com
0 votes Thank Flag Link Thu Mar 12, 2009
Home sales are up 10% over last year in the Bryan, College Station area. I agree with Kurt that it is very important to seek an informed Realtor that you can trust. Happy home buying.
0 votes Thank Flag Link Thu Jun 26, 2008
Yes, property in the Bryan/College Station area is a good investment as our market remains stronger than many in the country. We are somewhat buffered from some of the problems other markets are experiencing due to our high turnover rate (we are home to Texas A&M University). Beyond that, the economy in Texas stays relatively strong and is expected to remain strong. As always, the strength of any investment will depend on property location, condition, and current market trends...trust your investment to a qualified and trustworthy REALTOR who can help you make an informed decision. Best of luck!
Web Reference: http://www.kurtgrafe.com
0 votes Thank Flag Link Thu Jun 26, 2008
The housing market in the Bryan - College Station area is strong at this time. Investing in the College Station area is a good investment in the long run.
Web Reference: http://www.gingermagoon.com
0 votes Thank Flag Link Thu Jun 19, 2008
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