Information about Fort Hood / Killeen Area tax rates, tax assessors and municipalities, and how it affects your home expenses and mortgage.
Originally published 1/17/16, Updated 5/23/17 Everything is Bigger in Texas Fort Hood is one of America’s largest military bases in the world by both population and area. The post features big tanks, big guns and big helicopters. Everything is bigger in Texas. The area’s homes are no exception. The median home size in the Fort […]
Updated 2/4/18; Originally published 12/11/16 Copperas Cove, TX is not the priciest housing market. Of the homes that sold in the last year (2017), the median price point was an affordable $117,000. The most expensive Copperas Cove property to sell in 2017 sold for $489,900, a newly built 3111 square foot home by Tom Lancaster […]
Updated 8/12/16; originally published 8/3/15 Takeaways Selling a $120,000 home is different to selling a $240,000 home – there are different quantities of buyers at different price points. Knowing how many buyers to expect will be interested in your home at any given moment can help set expectations Every showing counts! Let’s say you are getting […]
Takeaways Fort Hood inventory falls under 5 months, creeping toward a Seller’s Market The rebounding fourplex/duplex market has plateaued The Harker Heights housing market continues to be one of the best performing communities Housing Inventory Falls Under 5 Months The Fort Hood area behaves like a weak buyer’s market – sellers often pay closing costs, […]
Updated 2/4/18; Originally published 5/31/16 It’s Central Texas. It’s hot! There must be pools galore! Or not. Approximately 5%, or 1 in 20 homes in the Fort Hood area have pools. Why so few? Firstly, it may not actually be quite that few. My guess is that pool owners tend to live in their homes […]
Having already discussed Killeen and Harker Heights, now we are in Copperas Cove, looking for the 6 best neighborhoods. I used similar methods – looking for established neighborhoods at decent price points where investors have a better chance of finding home owners with equity (a difficult problem in the Fort Hood buyer’s market with builders, VA […]
Is it a buyer’s market or a seller’s market? Is there a way to tell other than gut feelings and anecdotes about how quickly homes are selling or not? Of course. It’s called months of inventory (or absorption rate). Months of Inventory and Absorption Rates are the same thing. “Absorption Rate” is a term more […]