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    April 15, 2009

    Sunshine Kids Charity Event

    Dear Friends,

    It is our pleasure to invite you the 3rd Annual Katy Sunshine Fest to benefit The Sunshine Kids on Thursday, April 16, 2009 from 4:00 to 8:30PM.

    The Sunshine Kids Foundation is a non-profit organization dedicated to children with cancer. Established in 1982 the Foundation is committed to providing quality group activities and emotional support for the kids who are receiving cancer treatment in hospitals across North America.

    This year’s event begins with a Style Show from 4-5PM with the main event to follow. Included are wine and beer, seven food vendors, music, door prizes, a silent and live auction, along with a raffle for three fabulous vacation getaways.  Proceeds will benefit The Sunshine Kids.

    Bruce Hall, the founder and CEO of Gallery of Dreams from Pomona, CA with be providing memorabilia for the event. A few of the silent auction items include, a Jonas Brothers Drumhead, several signed movie posters by actors, for example a Titanic framed poster signed by Kate Winslet and Leonardo Di Caprio, a Carrie Underwood signed CD and many sports items signed by sports giants.

    A few of the Live Auction Items:

    ·         Houston Astros Legend Bat signed by Craig Biggio, Jeff Bagwell, Roger Clemens, Carlos Lee, Lance Berkman, Roy Oswalt, Derek Bell, Nolan Ryan, Jimmy Wynn, Jose Cruz, Mike Scott, Ray Knight, Carlos Beltran, Steve Finely, Rusty Staub and Joe Morgan.

    ·         Masters Green Jacket signed by Tiger Woods and Phil Mickelson

    ·         Jonas Brothers signed guitar

    ·         Country Legends Acoustic Guitar signed by Willie Nelson, Loretta Lynn, Kenny Rogers, Charlie Daniels, George Strait, and BB King

    ·         NFL Hall of Fame Dallas Cowboys Jacket signed by Bum Phillips, Roger Staubach, Emmitt Smith, Troy Aikman, Michael Irvin, Bob Lilly, Mel Renfro, Randy White, Jackie Smith and Mike Ditka

    Raffle Tickets ($10 each – can be purchased at the event)

    ·         Five night stay at a condo in Costa Rica, airfare and rental car included

    ·         Four night Carnival Cruise to Mexico

    ·         Seven night Labor Day two bedroom condo in Galveston

    We look forward to seeing you at this charity event!

     

    Smith Family Team

    Click here for invitation to the event:

    Sunshine Kids Invitation

    Click here for additional infornmation about the Sunshine Kids organization: Download Sunshine Kids

    Sunshine Kids Website

    April 13, 2009

    West Katy Real Estate Market Report

    Good Luck Traffic SignWhat's happened in the West Katy real estate market for the first quarter of 2009?

    Below is the market update from the Houston Association of Realtors year to date as of the end of March, 2009. This information is for Area 25 - Far West Houston which includes 'Katy City Limits'.

    There were 532 sales YTD in 2009 vs 615 in 2008, this represents a drop in sales of 13.5%.  The average sales price YTD is $125,352 which is a decrease of 9.35% from 2008.

    The median price home is down 10.17% - from $125,240 in 2008 to $112,500 in 2009. Sales price per square foot has gone from $64 in 2008 to $57 in 2009 - a drop of 10.94%. There have been 1021 new listings YTD - vs 1360 in 2208.  That's a reduction of 24.93% on the market this year.   As a result there are 87 fewer pending sales this year or 14.85% less.  The days on market for home sales has increase from 93 in 2008 to 95 in 2009.  There is currently 4.7 months inventory on the market - which means that if no additional home go on the market all the homes listed would be sold in 4.7 months.

    Keep in mind that there are variations in the market within the area - to see what is happening in your neighborhood go to SmithFamilyTeam.com and order your personalized Market Report.

    Data compliled by the Houston Association of Realtors Multiple Listing Service.

    West Katy Real Estate Market Report

    Good_luck_traffic_sign What's happening in the real estate market?

    Below is the market update from the Houston Association of Realtors year to date as of the end of February, 2009. This information is for Area 25 - Far West Houston which includes 'Katy City Limits'.

    There were 328 sales YTD in 2009 vs 352 in 2008, this represents a drop in sales of 6.82%.  The average sales price YTD is $125,448 which is a decrease of 8.82% from 2008.

    The median price home is down 7.71% - from $123,530 in 2008 to $114,000 in 2009. Sales price per square foot has gone from $63 in 2008 to $58 in 2009 - a drop of 7.94%. There have been 669 new listings YTD - vs 934 in 2208.  That's a reducdtion of 28.37% on the market this year.   As a result there are 55 fewer pending sales this year or 14.75% less.  The days on market for home sales has increase from 94 in 2008 to 101 in 2009.  There is currently 4.8 months inventory on the market - which means that if no additional home go on the market all the homes listed would be sold in 4.8 months.

    Keep in mind that there are variations in the market within the area - to see what is happening in your neighborhood go to SmithFamilyTeam.com and order your personalized Market Report.

    Data compliled by the Houston Association of Realtors Multiple Listing Service.

    March 09, 2009

    West Katy Real Estate Market Report

    Good_luck_traffic_sign What's happening in the real estate market?

    Below is the market update from the Houston Association of Realtors year to date as of the end of February, 2009. This information is for Area 25 - Far West Houston which includes 'Katy City Limits'.

    There were 328 sales YTD in 2009 vs 352 in 2008, this represents a drop in sales of 6.82%.  The average sales price YTD is $125,448 which is a decrease of 8.82% from 2008.

    The median price home is down 7.71% - from $123,530 in 2008 to $114,000 in 2009. Sales price per square foot has gone from $63 in 2008 to $58 in 2009 - a drop of 7.94%. There have been 669 new listings YTD - vs 934 in 2208.  That's a reducdtion of 28.37% on the market this year.   As a result there are 55 fewer pending sales this year or 14.75% less.  The days on market for home sales has increase from 94 in 2008 to 101 in 2009.  There is currently 4.8 months inventory on the market - which means that if no additional home go on the market all the homes listed would be sold in 4.8 months.

    Keep in mind that there are variations in the market within the area - to see what is happening in your neighborhood go to SmithFamilyTeam.com and order your personalized Market Report.

    Data compliled by the Houston Association of Realtors Multiple Listing Service.

    'A Perfect Storm'

    Perfect Storm

    David Winans has created a video explaining why - Texas is the place to be in this economy.  Click here to view the video.    

    Daily Real Estate News

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