BOO BANGERT - KATY REALTOR - Realm Real Estate Pro

This year has been very dynamic and unpredictable due to the subprime lending crises and increasing foreclosures. Earlier this year, homes in some state of foreclosure hit a 30 year high of 640,000 nationwide. West Houston was not immune as the north side of Katy, zip code 77449, proved to have the highest foreclosure rate in all of Harris County. A large majority of the foreclosures are new construction purchases. Factors such as lack of buyer representation, explanation of property taxes and exotic loans are the main culprits. Although unfortunate for those who have lost their homes to foreclosure, this presents an excellent opportunity to purchase investment properties. The south side market continues to remain strong. I had great success with the properties I listed on the south side receiving top dollar for my clients within an average of 20 days on the market. My combination of home staging, great pictures, descriptive verbiage and full service contributed to successful sales experiences.