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Killeen Texas Real Estate - Buyer Advice

By
Real Estate Agent with Texas Heritage Real Estate TREC# 499747

Thinking about buying a home in the Fort Hood - Killeen Texas real estate market? Ever heard the term "there's no time like the present" ? I specialize in homes for sale in Killeen, Harker Heights, Nolanville and the Fort Hood Texas areas. There are a lot of first time buyers in this market - and they are always wondering when to jump into the real estate game- I say NOW! Check out this article from the Texas Association of Realtors about playing the "waiting game." It might be working against you.

I would be happy to show you a list of homes that matches your criteria regarding price, size and location. I can even help you get prequalified for your home loan! Please contact me online at www.PaulaSOLDit.com or call (254) 291-6826 to schedule a time to discuss your real estate purchase options in the Killeen - Fort Hood area.

dream home

Don't outsmart yourself

Are you one of the people who is trying to "time the market" and wait for home prices to go down before you make a purchase? Doing so may not be as wise as you think.

Investment experts in different fields acknowledge that attempting to guess when the best conditions are present is an inexact science at best, even for industry specialists. The real estate market is no exception. In your attempt to find the most favorable balance between interest rates and sales price, you may just outsmart yourself and cost yourself a tidy sum of money.

Market upswings and downturns are rarely evident until after the fact. Consider the following: If you're ready to buy today but decide to wait one more year and the price of the home goes down a few thousand dollars but interest rates are half a point higher, what have you saved? Nothing-in fact, had you purchased, you'd have a year's worth of mortgage-interest tax deductions and a 12-month head start on building equity.

You don't have a crystal ball-no one does. Any real estate expert can tell you that trying to time the market is risky and short-sighted. Over medium- to long-term periods, real estate appreciates steadily and is a solid investment. Any savings you see from price reductions may very well be offset by rising interest rates. The point? If you're ready to be a homeowner, it's almost always a good time to buy a home.

If you have doubts about buying a home, talk to a Texas REALTOR®. Your REALTOR® can help quell your uncertainties and explain why acting now to buy a home makes sense and will pay off in the long-term.

 Texas Association of Realtors®

Tom Priester
Paradise Sharks - Jupiter, FL
Paradise Sharks

Paula - great post. Thank you for sharing and I hope all is well in Killeen!

May 08, 2010 09:08 PM