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22762 Westheimer Pkwy #420
Katy, Texas 77450

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Falcon Point

Brian Varvel
February 23, 2023

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Contact Us

Phone: (281) 846-5936
Fax: (281) 220-2102

Need help or have a question? Contact us at: info@avenuepg.com

22762 Westheimer Parkway Suite #420 Katy, Texas 77450

Keller Williams Premier Realty

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In the spring of 2020, Ben Kinney, notable entrepr

In the spring of 2020, Ben Kinney, notable entrepreneur, speaker, and real estate industry leader, launched a sensationally simple 💵 financial literacy course that he then GAVE AWAY. In it's first iteration, it helped countless individuals gain confidence around their finances in a world with very little to be confident about. The course was called the Win Make Give Wealth Series.

Fast forward to 2023, and the pandemic has given way to historic changes in the economy, rising 📈 inflation and uncertainty about the future. So 🙍🏻‍♂️Ben, doing Ben things, went back to work and created a new and expanded version, and we wanted to pass it along to you! And yes, it's still completely FREE. Through his teaching, we've learned the fastest way to pay off debt, the best types of investments, the importance of tracking net worth, and more.

This 11-week-long series will include the below topics:

Episode 1: 🏁 Introduction
Episode 2: 🧐 Reality Check
Episode 3: 💵 Income
Episode 4: 🏠 Assets
Episode 5: 🏦 Save Like Crazy
Episode 6: 💰 Net Worth
Episode 7: 📈 Compound Interest
Episode 8: 🔻 Flipping the Triangle
Episode 9: 👵🏻 Retirement Planning
Episode 10: 🪣 Buckets of Wealth/Reserves (Cash)
Episode 11: 📈 Stocks
Episode 12: 🏘️ Real Estate
Episode 13: 📊 Businesses
Episode 14: 📉 Other Assets
Episode 15: 🛑 Pay Less Taxes
Episode 16: 🎁 Wrap Up Wealth

Don’t miss out on all of this FREE life-changing content! Sign up below if you haven’t yet, and invite your friends, family, and teammates to join you!

https://avenuepg.com/offers/wealth-series-2/

Just west of Houston and along the northern stretc

Just west of Houston and along the northern stretch of the Grand Parkway that borders Katy, you’ll find a community birthed from the marriage of style and nature from one of the preeminent developers in the nation. Newland, the well known creators of other master planned communities like Cinco Ranch and Seven Meadows, have taken the Katy Prairie by storm and turned Katy’s north side into the new hot spot!

To learn more:
https://avenuepg.com/communities/elyson/

Cinco Ranch is a master-planned community spanning

Cinco Ranch is a master-planned community spanning nearly 8,100 acres across Katy prairie land, and is now home to more than 14,000 families. Started in 1984 with a massive land purchase, development and construction has now spanned nearly thirty years and expanded its boundaries twice, but remains wholly in the Katy Independent School District. Started along the west side of Mason Rd. south of I-10, the community now spans all the way to FM-1463 and features homes from the $300s to well into the millions. The community has spent the majority of its years ranked highly, and in many years atop. the lists of the nation’s best selling communities.

To learn more:
https://avenuepg.com/communities/cinco-ranch/

More of the same. Despite listings increasing dram

More of the same. Despite listings increasing dramatically, we're still well behind where we should be, which is what's aiding in the albeit slowly, increasing prices. Month's of Inventory and Days on Market are also increasing.

Upping sticks in the US seems to have lost its app

Upping sticks in the US seems to have lost its appeal in recent years, with the overall moving rate and number of movers dropping every year from 2017-2021, according to the Census Bureau. But for those select few who have decided to pack up and switch states, where exactly are they heading?

New data from the Census Bureau reveals which states have been the winners, and losers, from domestic movers.

Florida topped the domestic net migration chart, with an influx of ~319,000 people choosing to call the sunshine state their new home in 2022, making a major contribution to its 1.9% overall population increase. Indeed, heading south proved to be a popular choice in general last year as Texas came in second, welcoming ~231,000 new state-hoppers, helping its population rise by 1.6%.

At the other end of the scale, more than 600,000 coastal dwellers from New York and California moved out, with the former’s population dropping by 0.9% and the most populous state in America seeing 343,000 people move away.

After all the fluff up about increasing rental pri

After all the fluff up about increasing rental prices, rents in the Houston market only went up an average of 5.5%. I guarantee you that property taxes and insurance went up WAY more than that.

Just west of Houston and along the southwestern bo

Just west of Houston and along the southwestern border of Katy, you’ll find a lifestyle defined by strolling streams, natural habitats, and thousands of acres of native Texas trees and rolling green spaces called Cross Creek Ranch, one of the nation’s best selling master-planned communities. It’s an idea brought to life by Johnson Development, the same visionary developer of communities like Jordan Ranch, Harvest Green and Woodforest.

Learn more here:
https://avenuepg.com/communities/cross-creek-ranch/

Despite charging through a pandemic with no let-up

Despite charging through a pandemic with no let-up in sales, Houston real estate could not withstand the powerful economic headwinds that began swirling in 2022 and ultimately ended a long and much-admired record-setting run. On top of limited affordable housing inventory, mortgage rates were perhaps the biggest culprit, rising throughout most of the year as the Federal Reserve drove a steady campaign of interest rate hikes to tame soaring inflation.

For the calendar year, 2022 saw a 10.9% decrease in total home sales, and 1.5% decrease in total dollar volume. The lack of inventory though equated to a 10.8% increase in average home sales prices.

Instagram post 18249628720120481

Instagram post 18249628720120481

This amazing office/warehouse has just come online

This amazing office/warehouse has just come online in a market that is wildly lacking in the industrial space game. The original owner is ready to retire and says to sell! A few key highlights include roughly 1,900 SF office buildout including two offices and two bathrooms.

✅ 2 Offices
✅ 2 Bathrooms
✅ Large Kitchen
✅ Large Reception Area
✅ Work Pod & Storage Closet
✅ Large Team Room

The warehouse features 20' ceiling height with 16.5' clear height, roughly 55' x 75', and includes one 12' x 14' rollup door and fluorescent lighting.

https://avenuepg.com/listings/1225-price-plaza/

When your agent tells you it costs 6% to sell a ho

When your agent tells you it costs 6% to sell a home, don't think for a moment that that's what they're going to earn. Lots of things happen with that 6%

Back in 2008 - 2012, selling bank foreclosures acc

Back in 2008 - 2012, selling bank foreclosures accounted for roughly 80% of my total business. REO listings were lucrative back then, but then everyone got into the game a drove down commissions, drove up costs and fees, and made the immense amount of work to manage and sell them untenable. So it came as a surprise when an asset management company contacted me out of the blue to sell this property. And sell it we did. With multiple offers and a winning bid over list price. Closed it in less than two weeks too!

#bellvilletexas #bellville #REO #assetmanagement #foreclosure #apg #avenuepg #kwpr #kwri #kw

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Our rental market is still going strong. Everything is up, save for actual leases, which are down almost 12% from this time last year. Lease listings are up a whopping 31%, lease pricing is up and days on market are all up.

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