Updated 1/15/18; Originally published 2/25/16 Get out your ATVs, drones, sunscreen, and boots. We’re going to go look at Fort Hood, TX farms and ranches! All the most expensive ones! I have defined a farm and ranch as anything with at least 10 acres. That’s a pretty broad definition, but a property like that should […]
Updated 8/24/17; Originally published 8/11/15 The City of Killeen began in 1882 with a population of 350 as a railroad junction between Temple and Lampasas. The city was named for a railroad executive Frank Patrick Killeen, who not only was not from the area, but never even stepped foot in the town that was his […]
View the oldest homes for sale in the Fort Hood area. Most are located in Temple, Belton, Gatesville, and Lampasas. The Killeen area, though the largest city in the area, is also quite a bit newer, having been a tiny town prior to Camp Hood’s coming in WW2. Always do due diligence when buying an older home!
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, […]
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 […]