Texas Gulf Coast (PRWEB) May 28, 2008
TexasGulfCoastOnline.com Issues Report Providing Strategies for Real Estate Buyers, Sellers and Developers on How to Survive in Today's Market.
The new report offers advice that highlights effective strategies for buyers, sellers and developers on surviving in today's Texas Coastal property market, including South Padre Island, Port Aransas, Galveston and Crystal Beach.
The Bottom line of the report states that Texas has the strong market fundamentals of sustainable economic and population growth - combined with migration to the coastal areas from within and outside the state. And predicts the Texas Coast is headed for a boom with a huge pent up demand. Buyer hesitancy from the woes of California, Florida and a few other states are holding many current buyers in a wait-and-see mode.
"Even today, the Texas Coast is doing well with sales coming from motivated sellers who have reduced their prices and from spectacular new coastal developments," says Michael Stuart, CEO TexasGulfCoastOnline.com, "but most new residential home developments, with their inherent level of uncertainty, are having difficulties."
"Financing tightness created by the collapse of the subprime markets is casting a negative cloud over the otherwise robust Texas coastal market causing uncertainty of closings, sales and concern to otherwise interested buyers," Stuart reports.
"The market has slowed not stopped," Stuart adds. "The new report is designed to give all parties involved in the market a hands on advice for dealing with their particular situation and needs."
The new report categorizes new home developers into three categories and provides tactical advice to each:
1. The Well Financed.
2. The Finished and Near Finished Development
3. The Developers in Trouble
The report offers advice to buyers on the fundamentals of taking advantage of a slow market, negotiating with sellers and developers to obtain the maximum benefit for dollars invested and how to use financing options to their advantage.
It further advises buyers on the how to and how not to deal with sellers and their agents, thus avoiding pitfalls in the negotiation-buying process.
For sellers, the report offers proven tactics for attracting and capturing the interest of cautious buyers, the basics for outshining the competition and advice for overcoming the financing hurdles of today's market.
For additional information on the report that is the subject of this release, you may contact Mike Stuart or visit TexasGulfCoastOnline.com. A copy of the report may be obtained at http://www.texasgulfcoastonline.com/News.
TexasGulfCoastOnline.com provides real estate information and analysis for the entire Texas coast including Bolivar Peninsula, Crystal Beach, Galveston, Corpus Christi, Port Aransas, Rockport, South Padre Island, Port O'Connor, Palacios and McAllen Texas resort areas.
The company tracts and analyzes market data together with actual MLS sales and listing data for the entire Texas Gulf Coast.
Michael Stuart, CEO
800-716-6861 ext 711