League City Blog

I support year-round daylight savings time, and Congress should too.

I support year-round daylight savings time, and Congress should too.

NOVEMBER 6th, SET CLOCKS BACK 1 HOUR at 2:00AM....

Daylight savings time ends next week which means it will be getting dark earlier.  Most people see this as an inconvenience and a sign of winter, but I think it can actually lead to a weaker economy...or at least a weaker real estate market.  Many League City Realtors I know have a policy of only showing houses during daylight hours.  Houses show better when it is light, and often times I am meeting people I don't know at vacant homes, and I think that it safer to meet strangers in empty buildings during the day (maybe that's just me). 

Since people don't get out of work any earlier once daylight savings time ends, earlier darkness means one less hour available to show houses during the week.  The upshot is that either fewer houses will get shown, or Realtors will have to work more on the weekends.  I, for one, do not care to put in any additional weekend hours, so I propose that Congress extend daylight savings time....maybe that would solve the budget crisis.

 

© 2004 - 2011 Brian Worrell Team, Realtors in League City, TX - 281-948-7042. All Rights Reserved. LeagueCityBlog.com.  Prudential Gary Greene, Realtors.

Congress passes NASA funding bill - GREAT NEWS FOR OUR LOCAL ECONOMY!!

Here's some more great news for our local economy and housing market in League City, Clear Lake, and Friendswood!!

Congress passes NASA funding bill

khou.com Posted on September 30, 2010 at 9:45 AM Updated today at 5:37 PM

By Hayley Kappes / The Daily News September 30, 2010

WASHINGTON — The U.S. House passed a NASA authorization bill late Wednesday that provides new direction for the space agency after months of fear over aerospace job losses and program uncertainty.

The compromise bill funds the International Space Station through 2020, schedules another space shuttle mission in 2011 and dedicates $1.3 billion over the next three years to spur commercial development of a low-Earth orbit vehicle for astronauts and cargo.

The bill passed by a vote of 304 to 118

NASA will focus research and development on creating a heavy-lift rocket and crew capsule for deep-space missions including Mars.

President Barack Obama will next review the bill. He is expected to sign the legislation.

"This important change in direction will not only help us chart a new path in space, but can help us retool for the industries and jobs of the future that will be vital for long term economic growth," NASA Administrator Charles Bolden said.

"The men and women who work for NASA and the Johnson Space Center have worked for too long under a cloud of uncertainty as a result of insufficient funds, constantly changing goals and a government that has too often second-guessed the past instead of embracing a clear vision for the future," Congressman Pete Olson, R-Sugar Land, said. His district includes the Johnson Space Center.

"This moment would not have been possible without the strong, bipartisan commitment to NASA that exists in the House," Olson said. "I also applaud the efforts and commitment of Sen. Kay Bailey Hutchison in getting an authorization bill through Congress.

Read more in Friday’s edition of The Daily News.

This story was brought to you thanks to khou.com’s partnership with The Galveston County Daily News.

 

 

© 2004 - 2011 Brian Worrell Team, Realtors in League City, TX - 281-948-7042. All Rights Reserved. LeagueCityBlog.com.  Prudential Gary Greene, Realtors.

Houston Metro: Model Metro - JOB GROWTH AND LOW COST OF LIVING!

This article below written by Joel Kotkin at Forbes Magazine, as it's title would imply, argues that Houston, Texas is a Model City.  More specifically, that the Houston Metro is a model Metro area (including League City, Clear Lake, and Friendswood!).

Now, to answer the critics that think this article may have been written by Houston insider, I say this:  people from Houston are Houstonians -- not Houstonites.  Anyone from around here knows that!  ;-)  The author, Joel Kotkin, is an internationally-recognized authority on global, economic, political and social trends.  Mr. Kotkin attended the University of California, Berkeley. A native New Yorker, he has lived in California since 1971. Mr. Kotkin lives in the Valley Village area of Los Angeles with his wife, Mandy Shamis, and two daughters.

CHECK OUT WHAT HE HAS TO SAY ABOUT JOB GROWTH AND COST OF LIVING IN HOUSTON!!!

 


On My Mind

Houston: Model City

Joel Kotkin, 05.20.10, 09:00 AM EDT
Forbes Magazine dated June 07, 2010
http://www.forbes.com/forbes/2010/0607/opinions-houston-immigration-job-growth-on-my-mind.html

Innovation, job growth and immigration put this Lone Star city ahead of New York and Boston.

Do cities have a future? Pessimists point to industrial-era holdovers like Detroit and Cleveland. Urban boosters point to dense, expensive cities like New York, Boston and San Francisco. Yet if you want to see successful 21st-century urbanism, hop on down to Houston and the Lone Star State.

You won't be alone: Last year Houston added 141,000 residents, more than any region in the U.S. save the city's similarly sprawling rival, Dallas-Fort Worth. Over the past decade Houston's population has grown by 24%--five times the rate of San Francisco, Boston and New York. In that time it has attracted 244,000 new residents from other parts of the U.S., while older cities experienced high rates of out-migration. It is even catching up on foreign immigration, enjoying a rate comparable with New York's and roughly 50% higher than that of Boston or Chicago.

So what does Houston have that these other cities lack? Opportunity. Between 2000 and 2009 Houston's employment grew by 260,000. Greater New York City--with nearly three times the population of Houston--has added only 96,000 jobs. The Chicago area has lost 258,000 jobs, San Francisco 217,000, Los Angeles 168,000 and Boston 100,004.

Politicians in big cities talk about jobs, but by keeping taxes, fees and regulatory barriers high they discourage the creation of jobs, at least in the private sector. A business in San Francisco or Los Angeles never knows what bizarre new cost will be imposed by city hall. In New York or Boston you can thrive as a nonprofit executive, high-end consultant or financier, but if you are the owner of a business that wants to grow you're out of luck.

Houston, however, has kept the cost of government low while investing in ports, airports, roads, transit and schools. A person or business moving there gets an immediate raise through lower taxes and cheaper real estate. Houston just works better at nurturing jobs.

It's not just smug coastal places getting smoked by Texas. Since the collapse of the housing bubble Houston has outperformed Sunbelt counterparts like Phoenix, Las Vegas and Los Angeles. A big factor has been that manufacturing, professional services, international trade and technology industries have been the primary drivers of the city's economic growth--rather than construction and speculation. Ironically, this has increased home values. Since 2007 prices of homes in Houston have ticked slightly higher, while those in Las Vegas, Phoenix, Los Angeles and the Bay Area each are down by more than 35%.

Some traditional urbanists will concede these facts but then try to shift the focus to "qualitative" factors: the best-educated residents, the highest salaries, the most expensive real estate. Although it also attracts a large number of low-skill migrants, Houston has considerably expanded its white-collar workforce. According to the Praxis Strategy Group, Houston's ranks of college-educated residents grew 13% between 2005 and 2008. That's about on par with "creative class" capital Portland, Ore. and well more than twice the rate for New York, San Francisco or Los Angeles.

But Houston's biggest advantage cannot be reduced to numbers. Ultimately it is ambition, not style, that sets Houston apart. Texas urbanites are busy constructing new suburban town centers, reviving inner-city neighborhoods and expanding museums, recreational areas and other amenities. In contrast with recession-battered places like Phoenix, Houston remains remarkably open to migrants from the rest of America and abroad.

Houston, perhaps more than any city in the advanced industrial world, epitomizes the René Descartes ideal--applied to the 17th-century entrepreneurial hotbed of Amsterdam--of a great city offering "an inventory of the possible" to longtime residents and newcomers alike. This, more than anything, promises to give Houstonites the future.

Joel Kotkin is a distinguished presidential fellow in urban futures at Chapman University, adjunct fellow at the Legatum Institute and executive editor of Newgeography.com. His latest book, The Next Hundred Million: America in 2050, was published in February by Penguin Press.

 

© 2004 - 2011 Brian Worrell Team, Realtors in League City, TX - 281-948-7042. All Rights Reserved. LeagueCityBlog.com.  Prudential Gary Greene, Realtors.

When will we see this "Brokerage of the Future"

 

Consultant Jim Marks here has such a great vision for what real estate brokerages should be.  This is exactly what I have been preaching about to my website clients for some time now.

I am a marketing consultant for other Realtors in my area.  I have figured out a marketing system that allows me to provide something of value to the residents of my neighborhood by offering hyper-local content.  I give of myself with no strings attached.

What the residents of my neighborhood have told me is they appreciate what I'm doing so much that they want the neighborhood expert to be me.  They know I am genuine.  And it works.  It's a great relationship.  And I now have a significant market share.

Visit my website and see what I mean... www.MyWestoverPark.com

It was built by marketing consulting company, Agent FarmSite.  It's truly all about bringing community back to our neighborhoods.  And to that end, building meaningful relationships.

 

 

Via Jim Marks (Virtual Results):

In a LOT of ways... Its already here.

As an Internet marketing consultant who prides himself in debunking current thoughts on what actually works and doesnt? I invest a fair amount of time with my clients across the Country..

I travel a lot. I mean, a lot.

Because I visit different regions of the country, I get to hear first-hand not only what brokerages and agents are talking about, but also the public at large. Its amazing what you can learn in a Starbucks for 4 hours with 20 $5 cards and a clipboard of questions.

Here's what I can tell you: there has been much speculation these last two years, about what the real estate brokerage of the future will look like. What you may not know, is the brokerages of the future are already here. There are several firms across the country that are rethinking the old paradigm and boldly exploring new frontiers. Here is a one example of such a brokerage, located in Los Angeles, California.

"Well, a typical day here is a bit different than what you might find at other brokerages," says Dane Findley, Marketing Director at Partners Trust Real Estate Brokerage and Acquisitions. "We believe what real estate professionals really want most from their brokerage is cutting-edge coaching and education, and state-of-the-art technology tools, so you'll see that belief reflected in our culture. This is how we spend our time and energy."

At PT, a Social Media Tutorial is presented every Wednesday morning at Partners Trust, during which Associates learn inside tips on using digital media to provide value to their communities and motivate each other to work their social media campaigns. These tutorials include everything from effective blogging tips (each agent has his/her own hyper-local blog) to how to drive your existing clients onto your 2.0 tool set.

Thursdays is Press Room Day -- an editorial story meeting where Associates exchange story ideas for their blogs, offering each other support and constructive criticism. "Each Associate is encouraged to have at least one Social Object, which is a hobby or interest other than real estate, around which an ongoing series of hyperlocal features can be built," reports Findley. "Authenticity is essential. If you want to write about the best dog parks in Santa Monica, or record video segments about your never-ending search for the perfect cup of coffee in Brentwood -- as long as it feels real and interesting to you -- we run with it."

Also on Thursdays is Workshop, when the Founding Partners gather round with their laptops and smart phones to catch-up on their social media channels, conversing on Twitter and Facebook, and leaving comments on local blogs and online forums. "Of course, we spend an enormous amount of face-time out in the field, but it's also important to build into our schedule our journalistic endeavors and social media protocols," states Findley.

Friday mornings is reserved for Enrichment Series at Partners Trust. Currently running is a 13-week group called Think Rich, designed to help Associates explore their own inner-relationships with money. Explains President Nick Segal, "we find that prosperity loves enthusiasm, so we make sure to laugh a lot around here and have a good time." This forward-thinking brokerage invests in the happiness of its Associates, and it shows in the design of the interior office spaces -- replete with water features, textiles, and eco-chic colors and materials -- even the air quality and acoustics have been considered. "Since all Associates own a piece of this Brokerage, each one feels a sense of responsibility and connectedness to the team," says Segal. "When the Associate feels good, they, in turn, provide their clients with a premium level of service. What I mean is, you can't get away with having a boring, stale office and then ask your Associates to be dynamic sales people. It simply doesn't work that way."

As a consultant for Partners Trust, I have shadowed members of the team and I've realized that one of the keys to their success has been a deep commitment, from the top-down, to their social media program. Whether or not to participate in the program is the decision of individual Associate, but the company as whole is fully committed to providing relevant and useful (and often entertaining) information to their clients in between transactions. "Well, let me put it this way," explains Findley, "it's only 11:30am, and I've already filmed one video and posted two blog posts from Associates. Every single one of the Flip cams has already been checked-out from our Concierge Station. That means that my team is out there, bringing their neighborhoods to life by sharing stories and finding the best things to do in the communities of Los Angeles."

Yes, the Brokerage of the Future is a mind-set. A comitment to teach and encourage their agent to spread their wings and move toward new technology while embracing age old social strategies.

If your real estate brokerage is doing something different, or if you know of one that is, please share what they're doing in the comments section. I always welcome success stories of brokerages that are doing new and inventive things that work. (But I may check it out and blog about it, so beware!)

Meanwhile, in the video below, one of my clients shares with you some of our helpful tips for getting the most out of your marketing and lead-generation efforts:


 

© 2004 - 2011 Brian Worrell Team, Realtors in League City, TX - 281-948-7042. All Rights Reserved. LeagueCityBlog.com.  Prudential Gary Greene, Realtors.

Should homes increase in value?

Should homes increase in value?  Why should they?  No other commodity I can think of is expected to increase in value.


If you buy a modest car for $20,000, should it later be sold for $30,000?

If you buy a loaf of bread for $2.50... and you put it in your pantry for a few years.... can you then sell it for $100?

Some people sure think that way about their homes.  And their values, ones that smell like rotten bread and ones that smell like fresh flowers, can either increase, decrease, or remain flat.

What drives the prices up?  Is it the transaction cost of selling?  Why do people think their home is worth more than when they bought it??  Is the roof any newer?  Is the A/C on it's last leg?

And if the value doesn't go up, why not chalk some of that up to the enjoyment we got out of living in the home?  Or the tax write-offs received?


Of course, The Brian Worrell Team does everything possible to ensure that my sellers get the highest price with the least amount of inconvenience.  We don't have crystal balls, but we'll do our best to give an accurate prediction of what you can expect to get for your house!  Call for a free price analysis of your home, 281-948-7042.

Chances are pretty good that your home has increased in value if you've held onto it for a period of time.  Home ownership is still one of the possible best investments...  And there is still time to take advantage of the tax credit - but act quickly.  Call 281-948-7042 with any questions!

 

© 2004 - 2011 Brian Worrell Team, Realtors in League City, TX - 281-948-7042. All Rights Reserved. LeagueCityBlog.com.  Prudential Gary Greene, Realtors.