Google Trends show strong nationwide interest for Texas Gulf Coast Real Estate

TexasGulfCoastOnline.com receives and records the most internet traffic for the Texas coast real estate market and also monitors and collects real estate interest for the top broker in each coastal resort area.

Even given the slow down in real estate interest nationwide and the once-in-a-century level of hurricanes during 2008, national interest for Texas' coastal real estate remains strong. Mexico and Canada lead interest levels internationally.

Sales were down record levels this year, but made a dramatic surge in December indicating we are at the bottom of the market and heading towards a recovery. Texas' strong population growth and economic fundamentals - combined with attractive prices for coastal property and limited new developments, have set the stage for our area's supply to balance with demand and for 2009 to be a great year for the Texas Coast.

The diagram below shows the relative interest levels for each of our Texas coast resort markets from 2004 through 2008. Source of traffic information is from Google Search History.

2004-2008 Google Search Interest for Texas Coast Real Estate by Major Resort Market
In 2008 we saw a new strong interest from Canada

Uncertain economic conditions offer savings opportunities

The daily news is a constant reminder of the sluggish economy, but the same also offers opportunities. It goes beyond gas prices dropping below $2 a gallon for the first time in two years. Interest rates, home prices, vehicles and stocks have all dropped because of recent economic realities.

Now is a great good time to buy a car, Detroit's automakers are lining up with deals to offload their excess inventory. I just bought a new Buick Lucerne for $10,000 off the MSRP.

For those who can get loans, interest rates have been cut dramatically amidst the economic turmoil, making everything from mortgages to credit cards to student loans a bit cheaper. The Federal Reserve slashed rates this year to encourage spending and borrowing. Low rates plus lower home prices mean it's a buyer's market for those who can get a loan or have cash.

There is uncertainty, but that hasn't stopped some, including billionaire investor Warren Buffet from funneling money back into the ailing market. If the wealthiest investor in the world is saying ‘I'm buying American companies,' you might too.

You don't want to miss the recovery, the federal government is pumping trillions of dollars into the economy and prices have adjusted. When the news sounds the worst - it's typically the bottom. Remember most experts missed the down-cycle and then announced it officially a year after the fact. The same will happen for the recovery.