Katy City Limits

Good News

News Flash!!

Prudential Real Estate Ranks Highest for Seller Satisfaction in J.D. Power and Associates' 2010 Home Buyer/Seller Study

J.D. Power and Associates today announced that the Prudential Real Estate Network ranked "Highest Overall Satisfaction for Home Sellers Among National Full Service Real Estate Firms" in J.D. Power and Associates' 2010 Home Buyer/Seller Study. This marks the second time in three years that the Network ranked highest in seller satisfaction.

 

The annual study measures customer satisfaction of home sellers and buyers with major national real estate companies. Overall satisfaction is determined by examining four factors for the home-selling experience: agent (44%); marketing (30%); office (15%); and services (11%). Among home sellers, Prudential Real Estate achieved a score of 760 on a 1,000-point scale and received particularly high ratings from customers in the marketing and agent factors.

 

PRERS Chairman Jim Mallozzi said the award speaks for the quality and consistency of the Prudential Real Estate Network. "Affiliate to affiliate, our sales professionals are the local-market experts who market and price homes right, while providing attentive service," Mallozzi said.

 

PRERS has secured complete marketing rights for the study and for the Network's favorable ranking. The company will promote this distinction through national advertising and other media, including a J.D. Power and Associates' micro-site with exclusive marketing materials and comparative analysis showing its position in relation to competitors. Marketing guidelines, eCards and other marketing materials are on PREA Center in the J.D. Power and Associates ToolKit. You can access this from the Quick Link on the home page. 

 

J.D. Power and Associates maintains strict standards regarding the use of its name, the trophy and survey results, as detailed in the marketing guidelines. Contact Jill Aronson,
jill.aronson@prudential.com, with any questions.

 

Read J.D. Power and Associates' press release.

Leftovers

 What do you fix for dinner the night after you have prepared and served a gourmet (it's subjective) meal?  Left overs of course.  That's exactly what we had for dinner last night.

How does that relate to Real Estate you ask.....

Recently, we were working with an out of town buyer relocating to Katy.  We had been showing house over a period of several months. The buyer was specific about what they wanted and we were concentrating on homes that had recently come on the market. Why would we do this....unfortunately some buyers and many agents assume that if a house has been on the market for a long time, there is something wrong.  We found a house and as we looked at comparable homes to determine pricing, we found the perfect house. It had been on the market over 300 days....what was wrong?  We checked it out, there was nothing wrong.  It had just been shoved to the back of the refrigerator and forgotten.  There's nothing wrong with leftovers and sometimes they even end up better than the original..... Don't ignore a possibility just because it's been around awhile.

 

Is It A Buyer or Sellers Market?

 According to The Real Estate Center,  this is how select Texas cities fared in March (data current as of July 26, 2010):

	Sales	Change from Last Year	Median Price	Change from Last Year	Months' Inventory
Austin	2,216	down 2%	$202,800	up 4%	7.2
Brownsville	50	down 14%	$96,000	up 11%	na
Dallas	4,554	down 3%	$170,100	up 2%	6.8
El Paso	736	up 53%	$132,600	down 1%	6.8
Fort Worth	833	up 5%	$111,800	down 6%	6.9
Houston	6,175	up 3%	$158,100	down 3%	7.5
Kerrville	30	down 35%	$151,400	down 13%	22.8
Lufkin	56	up 2%	$120,000	up 9%	na
Odessa	131	up 87%	$125,300	down 6%	7.9
San Antonio	1,924	down 1%	$151,700	down 3%	8.2
Texas	21,717	0%	$153,300	down 1%	7.8

 

Is it a buyers or sellers market?  It depends....all Real Estate is local.  Depends on where you are selling or buying.  Let me know and I'll send you a report on your area.

 

Home Cooking

I love my home and I especially like to cook in my home.  My idea of cooking is to add bacon to everything......bacon is the best.  I'm hooked on all the cooking shows and I spend lots of time trying to decide what I could make out of 3 unrelated items.  Rachel Ray has a great show, 30 Minute Meals. Found a delicious sounding meal that I could throw together in 30 minutes; Chicken and Peaches (Level Easy/Cook Time 20 Min), Sweet Onion Potatoes Au Gratin (Level Easy/Cook Time 25 Min), and Cheese and Bacon Biscuits (Level Easy/15 Min).  Now I have bacon.....so last night I decided to whip up the 30 minute meal.  Must say.....the food was fabulous but, if you add all the time together get 60 minutes and it took me closer to 90.  What I learned was in order to finish in 30 minutes, you need an 6-8 burner stove and at least 2 ovens.  Looks like I need to buy a new house.