Q: What’s the Latest in Residential Real Estate?

Posted by Chip Bubela on Wednesday, July 8th, 2020 at 3:45pm.

Rural real estate is making a comeback; here’s what you should know.  

Today I’m sharing the latest residential real estate and land prices for Colorado, Fayette, and Lavaca counties, as well as six Central Texas municipalities. There’s finally some good news to report: Properties are now being absorbed quickly, and months’ supply across our local market is dropping. In light of what’s been happening with COVID-19, the American Dream has been rebooted; there’s a resurgence of interest in land as folks are itching for some elbow room after being pent-up in the larger cities for so long.  

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to skip to topics that interest you most: 

0:47 — The new American Dream, and the right way to finance rural real estate

4:05 — Colorado County residential real estate stats

4:37 — Fayette County residential real estate stats

4:55 — Lavaca County residential real estate stats

5:35 — La Grange residential real estate stats

5:58 — Schulenburg residential real estate stats

6:20 — Flatonia residential real estate stats

6:36 — Hallettsville residential real estate stats

6:54 — Columbus residential real estate stats

7:15 — Weimar residential real estate stats

When COVID-19 struck, it was scary to see our markets reach a year’s worth of supply. Thankfully, what was once a rapid shift toward a buyer’s market has veered back into a seller’s market locally. We’re getting a ton of leads every day from folks wanting to buy rural real estate. 

If you’re looking to buy a piece of real estate, reach out to me; I’m an accredited land consultant who’d love to hear about your real estate goals and help you achieve them. Give us a call, send an email, or check us out online. I look forward to hearing from you!

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