Houston Resident Jeffrey Adamson Specializes in the Luxury High-Rise

Realtor®Jeffrey Adamson, expert in luxury properties in the Houston, Texas market, works in one of the most competitive real estate markets in the United States.  The median home price in Houston was up 10 percent in 2015, at over $200,000, according to the Houston Association of Realtors.  As oil prices fell in 2015, it became increasingly more affordable to build new dwellings, boosting the construction industries and resulting in the need for construction workers and access to undeveloped land.  Perspective Houston homeowners have found themselves searching far beyond the 610 Loop area of Houston for satisfactory homes, as estimates have approximated even a tear-down property within the Rice Military area to cost twice as much as a single family home in Houston’s outer suburbs.

Understanding the history of Houston’s housing market is vital for Realtors® like Jeffrey Adamson, who specializes in today’s luxury downtown properties market.  Many Houston developers and realtors still remember the depressed housing market of the 1980’s in Houston.   “From 1981 to 1984, we lost 210,000 people who moved away from the city of Houston,” said Marvy Finger, CEO of Finger Companies.   Finger has built nearly 60 apartment and rental complexes since 1958 in the Houston area.  Finger estimates that the occupancy in his properties during that period dropped by at least a third.   Other long-time Houston builders agree that the 1980’s were difficult times for housing and real estate, including Robert Bland, the founder of Pelican Builders, originators of some of Houston’s most prestigious high-rises, mid-rises, and single-family home communities.

Realtor® Jeffrey Adamson of Houston Loves Promoting Texas

Realtor Jeffrey Adamson has long been a resident of the humid subtropical South, and Houston’s 90 degree plus summers are for Adamson part of the beauty and languor of living and working in Houston.  The city is not located in the Tornado Alley which plagues most of the rest of the state of Texas, although spring storms can bring tornadoes to Houston.  Houston survived the 2008 real estate crisis in the United States relatively unscathed due to its mandatory lot sizes for single family homes and parking requirements, which has resulted in a great deal of affordable housing.  Numerous business districts have grown up in Houston, including the popular Galleria-River Oaks area where Adamson presents luxury high rise properties for discerning Houston residents, and were Jeffrey Adamson lived himself.

Jeffrey Adamson Houston is justly proud of its skyline, the fourth tallest in North America.  A special point of interest for Realtors® like Jeffrey Adamson, who strive to present Houston’s finer property points, is the seven-mile tunnel and skywalk system which links downtown buildings, shops and restaurants.  In a city with over 150 days of over 90 degrees of heat a year, this unique system allows pedestrians to avoid rain and summer heat while walking in downtown.   Real estate developers are responsible for the massive amount of office space in downtown Houston today, thanks to the energy industry boom of the 1970’s which prompted the building of the JPMorgan Chase Tower and the Wells Fargo Plaza, as well as the emergence of Houston’s world-class skyline.

https://en.wikipedia.org/wiki/Houston

Houston, Texas Resident Jeffrey Adamson Founded by Realtors

Houston’s own Realtor® Jeffrey Adamson works for real estate success in a city founded by real estate entrepreneurs Augustus Chapman Allen and John Kirby Allen, who bought 6,642 acres of prime real estate on Buffalo Bayou in 1836.  The two brothers even planned to name their city after hero Sam Houston.  As a southern state, Texas was slave-holding, with 49% of Houston’s population enslaved.  The population of enslaved African Americans tripled to 182,566 in Texas by 1860.

Exporting cotton was of prime importance for Texas, and railroad spurs from inland Texas met in Houston, where rail lines radiated to Galveston and Beaumont, pivotal ports in Texas.  After the Civil War, Houston business magnates widened the bayous surrounding the city, enabling the ports to accept more imports and exports to accommodate the railroad center of Texas, the early Houston of Jeffrey Adamson.  President Woodrow Wilson officially opened the new deep-water port, the Port of Houston, in 1914.

The need for petrochemical refineries and manufacturing venues at the onset of World War II resulted in increased building along the ship channels, while the need for ships led to the founding of the Brown Shipbuilding Company in 1942.  President Franklin Roosevelt’s policy of nondiscrimination on the part of defense contractors led to increased economic opportunities for blacks during the war years, and afterword, when Houston’s economy again depended on port industry.  Widespread air conditioning after 1950 provided strong motivation for companies to relocate to Jeffrey Adamson’s Houston, where wages were lower than in the North.

Jeffrey Adamson of Houston, Texas - Why Bid Uneven in Real Estate Bidding Wars

Jeffrey Adamson Houston, Texas, resident and Realtor®, is a respected businessman in the Houston real estate industry. Hot markets like those that Jeffrey Adamson handles can make it difficult to land your dream house, and buying a house in these markets often involves a bidding wars. Bidding wars can be likened to gambling and, like gambling, experienced bidders have tactics that can give them an advantage over other buyers.

                                                       

One such tactic is uneven bidding. For example, instead of bidding $600,000 on a home, you would bid $601,300. Below are some of the reasons that uneven bidding can often swing the deal in your favor:
Uneven numbers have a higher chance, most obviously, because you’re bidding a slightly higher number than anyone else with your budget might. If both buyers have a $600,000 limit, bidding just $1,300 higher can be the amount that gives you an edge.

Sellers are more likely to focus on an uneven bid because it looks odd and it draws attention as a result. With a list of $600,000, $599,000 and $601,300, the final number stands out both because it is higher and because it isn’t uniform.

Uneven bids give the illusion that you’re willing to bid as much as you can afford on the home. The seller will likely assume that they extra $1,300 represents a maxed budget and, as a result, might feel pressured to take your offer.

Jeffrey Adamson has helped clients with several bidding wars in the Houston area and, in that time, he has seen many different successful and unsuccessful strategies. Each bidding war is unique, so talk about your options with your Realtor® and decide where to go from there.

Blog | Jeffrey Adamson Houston

Blog | Jeffrey Adamson Houston

Jeffrey Adamson of Houston, Texas - About High-Rise Living

Jeffrey Adamson is a Realtor® in Houston, Texas, who has specialized in luxury high rise real estate transactions since 2011. As a respected team member of the RE/MAX Luxury Collection and RE/MAX top Realty, Jeffrey Adamson contributes to marketing strategies in addition to his responsibilities as a Realtor® and sales coordinator. When he markets high rise homes to prospect buyers, they have often never experienced high-rise living. Some of the benefits that buyers are attracted to after learning about the high-rise lifestyle include: 

• You have access to amenities. High-rise tenants have access to the common amenities within the building. Depending on the area you select, these amenities can include a pool, hot tub, workout facility, business center and even a 24-hour valet service or a wine cellar. Many amenities that high-rise living offers are not affordable for buyers to obtain in a traditional home.
• You are often safer in a high-rise home. Most high-rise residency buildings have increased security and doorman service. High-rise homes are subject to less burglary and the doorman can help you ensure that you make it to and from your car without incident. This is especially helpful for single women, families and those with several high-value items in this home.
• High-rise views can be stunning. Not all high-rises offer wonderful views, but many do. If you’re on the fence about the view in a high-rise home, ask your Realtor® if you can view the home during the sunrise or sunset. These are often the times when a high-rise view is at its best.

High-rise living is typically not inexpensive, but your money buys much that you would not otherwise have access to. Realtors who specialize in high rises, like Houston’s Jeffrey Adamson, can help you find the best balance of benefits and costs.