My Crystal Ball for 2017 Towne Lake

By
Home Builder with Sitterle Homes
http://activerain.com/droplet/4Yzl

 

 

 

 

 

 

 

 

 

 

This is my entry into Praful Thakkar 's January's Active Rain Challenge on my predictions for the year 2017. 

 

My crystal ball has been foggy for a while but, here are my predictions for Towne Lake for 2017. It must be noted that 2016 was a very good year for Towne Lake as people from all over in all age brackets move here. Traffic was brisk and people were looking in serious just not ready to commit but wanted to wait for the new year.

 

I think that with oil prices up, the Houston economy will pick up this year as that does the confidence level in people's job stability will increase and therefore people will be more willing to commit to a mortgage. Even though the Fed has indicated that the rates are too increase this has spurred people to buy now versus waiting a year or two.

 

There is still uncertainity in this new adminstration,so things can go either way; though the “experts” feel that the new administration will be good for the economy. I hope the experts are correct, because a good economy will spur real estate activity.

 

The millenials are beginiing to make the migration to the suburbs, they are realizing that if they move to the suburbs they will get more room for little more than the high rents they pay. They realize that they will have a better school system so they will not have to pay for tution for a private school and actually get tax advantages for buying their own home instead of throwing money away on rent.

 

Is summary 2017 in my opnioin will be better than 2016 due to the economy improving in the Houston area and the confidence which that brings. The millenials are getting onbaord and people want to move before the interest rates really increase.

 

 

 

Posted by

If you would like some information on Sitterle Homes in Aliana

call me at 281-804-9265 or email me at ycgilbert2013@gmail.com

 

Yolanda Cordova-Gilbert on bridge

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Rainmaker
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Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
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It sounds like Towne Lake is poised for a spectacular 2017! I hope you get your fair share of it!

Jan 05, 2017 07:39 PM #1
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Praful Thakkar
LAER Realty Partners - Andover, MA
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Yolanda Cordova-Gilbert we all want 2017 to be better than 2016 for sure.

I did not know Houston is so much dependent on the oil prices. In fact, this is a rare winter where I see oil prices going up.

Economy surely will be dependent on how the new administration performs - so it is a waiting game.

Thanks again for your entry to the contest - and encouraging me in my first contest at ActiveRain.

Jan 05, 2017 08:10 PM #2
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Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

So not bad for having a foggy Crystal Ball:)) and my take is first time buyers will also help the home owners that have been waiting to move up for the past few years, Endre

Jan 05, 2017 09:24 PM #3
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Yolanda, I'm still thinking about what I'm going to post.  And I think the new administration could have a bigger impact here than in some other parts of the country.  And it could be really, really great.  Or it could be really, really scary.  Let's hope it's great!

Jan 05, 2017 09:41 PM #4
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Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900
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Thanks for sharing what your crystal ball is saying for 2017.

Jan 05, 2017 11:48 PM #5
Rainmaker
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Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I like the sound of what your crystal ball says and I hope that you have an amazing 2017 my friend!

Jan 06, 2017 05:03 AM #6
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I hope home buyers in your area will read this post and call you to be their agent to buy a new home. 

Jan 06, 2017 06:56 AM #7
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Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Yolanda, I like your prediction for 2017 and I agree. Hopefully interest rate hikes will be made slowly. 

Bad weather coming fast.. 

Jan 06, 2017 11:54 AM #8
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Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Yolanda, you are very positive, and sure hope 2017 is good for your sales my friend!

Jan 06, 2017 12:40 PM #9
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good evening Yolanda.  I hope that you are correct and that the Towne lake real estate market will continue to improve.

Jan 06, 2017 04:41 PM #10
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Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Volanda

Looks like Towne Lake is in for an active 2017.

Good luck and success.

Lou Ludwig

Jan 06, 2017 04:59 PM #11
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
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Thanks for sharing your predictions. Have a most productive year.

Jan 06, 2017 05:07 PM #12
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Inna Ivchenko
Barcode Properties - Encino, CA
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I hope too that 2017 will be better for real estate and the country in general. 

 

Jan 14, 2017 06:20 PM #13
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Robert Bob Gilbert  work hard and it will pay off be a local expert

Jan 22, 2017 12:02 PM #14
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Yolanda Cordova-Gilbert

Sitterle Homes
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