real estate expert: Foreign purchases of American homes plunge 36% as Chinese buyers flee the market - 07/18/19 09:08 AM
In my market of Austin TX and Lakeway TX, I am also seeing a big drop in foreign purchasasof single home properties. The Austin MLS was off 33% month over month this month of single home residances. Our pricing is on the riase only because we do not have the inventory to support the the demand.
And thien if you look at the sales and pendings, you can really see how the market is retracting in Austin TX and the Lakeway area. This chart only shows my MSA of Lakeway TX and the Lakeway MLS area of Lake South
So, what are you seeing … (6 comments)

real estate expert: Texas International Homebuyers Report - 08/29/18 09:36 AM
On Wednesday, the Texas Association of REALTORS® will release statewide the Texas International Homebuyers Report, including a news release and accompanying charts. Overall highlights:
International home sales activity continues to be one of the strongest sectors in Texas real estate, adding $10.89 billion to the economy from April 2017 to March 2018. Despite the slight drop in international homebuyers compared to last year’s reporting period, Texas still remains an international hub and top destination for people from across the world to live, work, and conduct business. Texas accounted for 9% of all homes purchased by international homebuyers in the United States from April 2017 to March 2018 … (7 comments)

real estate expert: 230 SKYLINE DR Kingsland TX - Home For Sale - Real Estate - 05/09/18 06:30 PM
Who do you know that wants to live in Kingsalnd TX, on or near Lake LBJ in the Texas Hill Country? This house for sale is only blocks away from Lake LBJ and would make a great getaway for anyone. Kingsland TX in approximately 60 miles Northwest of Austin TX. Kingsland is also located near historic Llano and Marble Fales Tx on the Highland Chain of Lakes on the Colorado River. To view all of the picture of this house for sale you can visit my page on at 230 Skyline Drive
Enjoy a country feel on 2 lots totaling approx .77 … (14 comments)

real estate expert: Texas Housing Insight - 10/02/17 12:27 PM

Texas Housing InsightJames P. Gaines, Luis B. Torres, Wesley Miller, and Bailey Cuadra (Oct 2, 2017)
August 2017 Summary
The impact of Hurricane Harvey and the subsequent flooding is not fully captured in the August data. The short- and long-run effects of the disaster and recovery process are considered and may result in some data revisions in future reports.
The Texas housing market staggered as Harvey shut down the Houston economy for almost a week. The drastic 26.7 percent year-over-year (YOY) decline in Houston housing sales reflects the magnitude of the market disruptions. On the supply side, a 21.2 percent YOY decrease in Houston … (10 comments)

real estate expert: HURRICANE HARVEY HAMMERS HOUSTON HOUSING - 09/13/17 10:55 AM
Historic storm slams the door on home sales during the last week of August
HOUSTON — (September 13, 2017) — Hurricane-turned-Tropical Storm Harvey's torrential rains and devastating floodwaters not only disrupted life and destroyed properties throughout the Houston area and Texas Gulf coast. It also dealt a heavy blow to a real estate market that, until now, was on track to set new records. However, the full effects of the historic storm may not be realized for weeks to come as the market rebuilds and recovers.
According to the latest monthly report prepared by the Houston Association of Realtors (HAR), single-family home sales plunged 25.4 … (11 comments)

real estate expert: Houston Luxury Market Leads the Way During Another Positive Month for Houston Home Sales - 08/09/17 12:51 PM
MLS Report for July 2017
LUXURY MARKET LEADS THE WAY DURING ANOTHER POSITIVE MONTH FOR HOUSTON HOME SALESPricing gains ease in July while inventory grows to a five-year high
HOUSTON — (August 9, 2017) — Houston home sales rose for the tenth consecutive month in July, however prices, which have seen steady gains over the past year, began showing signs of moderation. The luxury market, defined as homes priced from $750,000 and up, recorded the strongest sales volume, followed by homes in the $150,000 to $249,999 range. July marked the ninth straight month of rising sales in the luxury segment, which a year ago was still … (9 comments)

real estate expert: Real Estate Facts about the Thornwood subdivision - Houston TX - 07/18/17 02:04 PM
Real Estate facts you need to know about the Thornwood subdivision in Houston Tx, zip code 77079.  
The Thornwood subdivision is a well established subdivision in West Memorial area in Houston TX.  The median sold price of a home in The Thornwood subdivision in June 2015 was $518,000 and today it sits at $507,750.  The FOR SALE price in June of 2015 wass $513,395 and today the For Sale price is $439,000.  The Thornwood subdivision has 10 homes for sale today with an average days on the market of 37 days. The Thornwood subdivision should contine to be a hot real estate market until late Oct when the entire … (2 comments)

real estate expert: Easy Steps to Learn on How to get Clients for Life - 02/07/17 03:33 PM
HAR Bay Area Realtor Networking Breakfast Deer Park TX
On Wednesday, Feb 8, 2017, at the Luby’s located at 4709 Center St, I will be talking about how Realtors can use social media to help engage their spear of influence and enrich their database. 
The Bay Area Realtor Networking Breakfast is one of’s longest and most successful realtor networking events in the greater Houston area. Troy Cothran and his Deer Park area Realtors put on a great event every month. 
For more information about the HAR Bay Area Realtor Networking Breakfast, contact Troy Cothran at
I will be talking about how to … (1 comments)

real estate expert: Longwood Village Cypress TX Real Estate Trends - 05/23/16 07:07 AM
Today, there are 29 homes for sale in Longwood Village in Cypress Texas. The market shows the median price sold last month as $325,000 with 9 homes sold. This is up from $246,000 the month before with 7 homes sold.

In April of 2015 the median home price that sold was $263,000 with 7 homes sold. I feel that the time to sell is NOW! Pricing is at an all-time high and the demand is huge.  Longwood Village in Cypress Texas is in a sellers’ market and the average time to sell a home in Longwood Village in April was only 14 … (0 comments)

real estate expert: Turbo Realty and Danny Frank, The 2012 Chair-Elect, and The Pearland Real Estate Expert Join Forces - 04/02/12 07:30 AM
Turbo Realty and Danny Frank, The 2012 Chair-Elect, and The Pearland Real Estate Expert Join Forces.

Danny has joined forces with Chris Schilling, Turbo Realty. With the move to Turbo Realty,  Danny Frank will help grow Turbo Realty with a new plan for local agents. Both Chris and Danny are experts in the field of technology and real estate technology.  The team at Turbo will focus on getting listing SOLD in a HURRY and helping buyers find the right house for their needs.
Call Danny Frank at 713-581-4702 to find out about the “Sell Your Home Guarantee” … (0 comments)

Feb 27, 2012 — Danny Frank of Keller William in Pearland was among more than 1,000 Texas REALTORS® attending the Texas Association of REALTORS® Winter Meeting, Feb. 24- 28 at the Hyatt Regency Austin.Speakers during the five-day event included: Mark Dotzour, chief economist with the Real Estate Center at Texas A&M; Jed Smith, Ph.D., Managing Director of Quantitative Research for the National Association of Realtors®; Douglas Foster, Commissioner of the Texas Department of Savings and Mortgage Lending; Congressman Lloyd Doggett; State Representative Burt Solomons; and Joe Stewart, 2012 chairman of the Texas Association of REALTORS®.Topics discussed during the Austin meeting included: … (0 comments)

real estate expert: Mobile Device Security:Best Practices and Tools - 02/07/12 04:29 AM
Most real estate professionals own a mobile device that stores contacts and emails, and that provides access to social media and other online accounts. However, some real estate professionals may not realize the sensitivity of the documents they receive via email as part of the closing process. Mobile devices create an information security risk that needs to be addressed. There are two basic categories of risk management when it comes to mobile devices: practices and tools.The first practice is to physically protect the device. Information on the device is sensitive; don’t leave it sitting around unattended and unprotected. But that’s not … (0 comments)

real estate expert: Large Home Loans May get Harder to Come by - 06/13/11 07:11 AM
If you were waiting until the perfect time to buy that $700,000 house, you may not want to wait any longer. By the time this summer ends, the federal government will no longer back jumbo loans of $700,000 and above, making such mortgages harder to obtain. For more about this looming change, read this article from************************************************************* Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources: or And for all of your Pearland, TX and … (2 comments)

real estate expert: Who Really Owns That Property? - 06/13/11 06:28 AM
Banks across the country are facing foreclosure obstacles due to questionable ownership of loans. The cause of the problem lies in the document. Some cases reveal instances where banks have failed to properly assign ownership of mortgages, whereas others include documents that were backdated or fabricated. These assignment problems have proven difficult to cure since many of the lenders that originated the loans have gone out of business. Read more at The Wall Street Journal. ************************************************************* Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to … (0 comments)

real estate expert: Technology and Ideas Worth Sharing - 06/11/11 04:54 AM

Today, let’s talk about technology.  If you are using mobile computing or just multiple computers, you should look at something I use every day. It’s called Dropbox.  I have found that Dropbox is one of the tools I use the most. Let me start off by telling you what I use and how it benefits me.  I use an Android phone, an iPad, a desktop PC, and a laptop PC.  I have downloaded Dropbox to everyone of these systems and they all sync to each other.  So my files I need are everywhere I am and if I don’t have … (4 comments)

real estate expert: Texas Realtors Storm the Hill - 04/16/11 03:17 AM

In case you missed it …
Tuesday, Texas REALTORS® from around the state came out in force to the 2011 Hill Visits. Attendee feedback has been overwhelmingly positive, and from the association’s perspective, the 2011 Hill Visits were a resounding success.
Because of the nature of the event, the numbers are not exact, but there were almost 2,000 official registrants, more than 2,000 lunch tickets sold, and over 100 comp tickets collected from legislators and their staff.
Read about Hill Visits on—this page includes a link to the news release that was distributed on Wednesday morning.

real estate expert: HOUSTON HOME SALES TAPER SLIGHTLY IN FEBRUARY - 03/16/11 04:25 AM
Strong sales among luxury homes push prices to February highs
HOUSTON — (March 15, 2011) — February marked a slight slowdown in the Houston real estate market following a galloping start to the new year in January when home sales rose for the first time in seven months. Despite last month's decline in sales volume, average and median home prices rose to the highest levels ever recorded for a February in Houston.
February sales of single-family homes dipped 2.2 percent versus one … (0 comments)

real estate expert: What is your favorite iPad or Android App? - 03/12/11 05:05 AM
What is your favorite iPad or Android App?
One of the things I love about this platform is how people share things they do and use.  I use the T-Mobile HTC MyTouch 4g Android as my phone and the iPad as my CPU when out and about.
I would like to start a blog that is ongoing and helps EVERYONE find the best apps and the ones to stay away from.  Both for real estate and just everyday apps. Talk about the ones you use everyday; from games to maps to things that help you in your business. Then tell me … (8 comments)

real estate expert: Pearland Texas Real Estate Market Trends Feb 2011 - 03/07/11 06:03 AM
Pearland Texas Real Estate Market TrendsIt is that time of the month to look back to see how the real estate market in Pearland TX did compared to the history and to look where it might be headed.In this story, I will be looking at the 2 zip code of Pearland, 77584 and 77581. For the most part, Pearland is following the history of what it has always done.Sales Absorption
First, let’s look at the market dynamics of something called sales absorption. This shows the trends of how the market is doing and where it might go.  Looking at February 2011, … (0 comments)

real estate expert: TEXAS HOME SALES & MEDIAN PRICES are UP - 03/01/11 12:43 AM
COLLEGE STATION (Real Estate Center) – Some 10,628 existing single-family homes were sold in Texas last month, according to the most recent Multiple Listing Services (MLS) data compiled by the Real Estate Center at Texas A&M University. That's a 2 percent increase over a year ago.
The median price was also up 2 percent from January 2010, at $139,100. There was a 7.3-month inventory.January 2011 MLS data for many Texas cities (current as of today) are available on the Center's website. Here is a sampling:
Whether you're interested in buying your first home, your next home, or just want to … (2 comments)

Danny Frank, The Lakeway Real Estate Expert (Keller Williams Lake Travis)

Danny Frank

The Lakeway Real Estate Expert

Lakeway, TX

More about me…

Keller Williams Lake Travis

Address: 1921 Lohmans Crossing Rd, Lakeway, TX, 78734

Office: 512-263-6713

Mobile: 512-669-5748

Email Me

Contact the Houston Area Real Estate Expert Follow @danfranktx




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