Real Estate Market

Market Trends Newsletter: December 2017

Local Market Update

Local Market Update for North Texas

Year to date - October 2017

New data from Matrix Listing System. Call the Sturges Group for a personal consultation of your Home Selling or Buying needs!

View our Ft. Worth ~ Dallas Photo of the Month




Area


Sales

% Change Year Ago


Average Price

% Change Year Ago

Days On Market (DOM)

% Change Year Ago

Bedford

513

4%

$249,597

7%

21

0%

Euless

563

7%

$287,361

10%

37

0%

Hurst

560

-8%

$232,449

11%

19

-14%

Colleyville

403

5%

$613,722

3%

63

19%

Grapevine

502

-2%

$369,694

6%

29

7%

Southlake

523

8%

$800,037

8%

52

-13%

Keller

787

0%

$451,083

7%

42

5%



Investing in Real Estate

Today's low interest rates and stabilized home prices have created some great investment opportunities!

Investing in real estate has unique advantages over other types of investments. Of course, wise investors may have various instruments in their portfolio, but real estate has a long-term track record of proving its worth.


Here are some of real estate investing's advantages:


  • Interest in mortgage loans are tax-deductible. Investors can lower their tax liability while increasing their equity.

  • Renters pay down your mortgage loan. Investors reap the benefits of rental income, which offsets your mortgage cost and build equity.

  • Real Estate values increase over the long term. Real Estate is limited and will always be in demand.

  • 1031 exchanges are available to defer taxable income when you are ready to sell.


Many investors are taking advantage of these great market conditions. Have questions? Give us a call. We are happy to help!

 

Grapevine: Christmas Capital Of Texas®!

Grapevine is the CHRISTMAS CAPITAL OF TEXAS®!! Kick off your holiday festivities with the PARADE OF LIGHTS this Thursday, December 7th, at 7:00 pm. Head to beautiful, historic downtown Grapevine for North Texas’s largest lighted Christmas parade. Find the perfect spot along the Route to see 100+ floats, marching bands, and…….Santa Claus!  

 

But, wait! The Parade of Lights isn’t the only way to celebrate Christmas with your family, friends, and neighbors in downtown Grapevine! There are incredible holiday events taking place everyday from now until the big day!

  • THE CHILLY DAWGS: GRAPEVINE’S VERY OWN SINGING SNOWMEN!

    • Location: Liberty Plaza (215 South Main Street)

    • Dates: November 22nd, 2017 - January 7th, 2018

    • Time: 9:00 am to 11:00 pm

    • Price: FREE!

  • LIGHT SHOW SPECTACULAR

    • Location: Town Square Gazebo (325 South Main Street)

    • Dates: November 22nd, 2017 - January 7th, 2018

    • Time: 6:00 pm to 11:00 pm

    • Price: FREE!

  • CHRISTMAS FARMERS MARKET

    • Location: Town Square Gazebo (325 South Main Street)

    • Dates: November 24th, 2017 - December 10th, 2017 & December 15th, 2017 - December 23rd, 2017

    • Time: 1:00 pm to 9:00 pm

    • Price: FREE!

  • CHRISTMAS ON MAIN

    • Location: Downtown Grapevine (Main Street)

    • Dates: November 24th, 2017 - December 23rd, 2017 (Fridays-Sundays)

    • Time: 2:00 pm to 5:00 pm (Fridays), 12:00 pm to 5:00 pm (Saturdays), & 1:00 pm to 4:00 pm (Sundays)

    • Price: FREE!

 

The holiday cheer extends past downtown Grapevine, too! Check out these unique, family fun attractions located at your favorite spots around town.

  • ICE! and Lone Star Christmas

    • Location: Gaylord Texan Resort (1501 Gaylord Trail)

    • Dates: November 10th, 2017 – January 1st, 2018

  • Main Street Santa

    • Location: Founders Building (705 South Main Street)

    • Dates: November 18th, 2017 - December 24th, 2017

  • North Pole Express®  

    • Location: Grapevine Vintage Railroad (705 South Main Street)

    • Dates: November 24th, 2017 - December 23rd, 2017

  • Snowland

    • Location: Great Wolf Lodge (100 Great Wolf Drive)

    • Dates: November 25th, 2017 - January 1st, 2018

  • Christmas Concerts & Classic Christmas Movies

    • Location: Palace Arts Center (300 South Main Street)

    • Dates: December 1st, 2017 - December 23rd, 2017

 

The Sturges Group wishes everyone a very merry time in Grapevine this holiday season!  

Image Credit: Grapevine Convention & Visitors Bureau

 

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Contact Information

Photo of John and Mysti Sturges Real Estate
John and Mysti Sturges
Sturges Group of Keller Williams Realty
850 E State Hwy 114
Southlake TX 76092
John: 817-832-7473
Mysti: 817-913-4994
Fax: 1-866-481-0888