Interest Rates, Interest Rates, Interest Rates

By
Real Estate Agent with The Diamond Group @ Keller Williams

Hi Lubbock TX buyers.  It is getting close to the end of the year.  Inventory is high, we have 1761 properties currently listed in our Multiple Listing Service (MLS) and that doesn't include the two I listed this week!

This market is an advantage for you......... the buyer; because you have a wide selection of homes in all price ranges and the LOW interest rates allow you to buy more for your money.  Come and choose your home now before Christmas and spend your holidays with your family in your new home.

REALLY, REALLY, REALLY YOU MUST FACE REALITY....................THE INTEREST RATES WON'T BE THIS LOW FOREVER.

Prices are stable, our economy in Lubbock, TX is good.  Of course we haven't experienced the highs that many markets had................but the good news is that we haven't experienced the lows either! No matter what you hear nationally...............the Lubbock, TX market is good and NOW is a great time to buy!

Did you know that Lubbock unemployment is only about 4%.

Did you know that Texas Tech University grew by 14% in one year. 

Did you know that we have one of the best cotton crops of the last 10 years!

Our market has shifted............it is about 1% more affordable than last year and with the combination of that and the low interest rates.........................it's the best BUYERS MARKET IN YEARS!!!!!!!!!!!!

 

 

Posted by

The Diamond Group of Keller Williams Realty

'A Cut Above The Rest'

4747 S. Loop 289 Suite 110

Lubbock, Texas 79424

 

806.771.HOME (4663)

thediamondgroup@kw.com

www.lubbocktxhomes4sale.com

 

 

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Comments (5)

Brian Doubleday
Brian Doubleday - IML RealEstate - Orange County, CA Broker - Ladera Ranch, CA
Ladera Ranch, Foothill Ranch, Lake Forest, Mission Viejo

I'm constatntly singing the same tune about rates...there's going to be some sad buyers who might miss the boat, let's hope they listen to our advice

Nov 02, 2010 05:36 PM
'The Diamond Group' 'A Cut Above The Rest'
The Diamond Group @ Keller Williams - Lubbock, TX
Lubbock Texas Real Estate

I know Brian, they are waiting for the market to bottom out and if we could predict that..............well you know...............we would be the Bill Gates and Oprah of Real Estate!

Nov 02, 2010 05:41 PM
Brian Doubleday
Brian Doubleday - IML RealEstate - Orange County, CA Broker - Ladera Ranch, CA
Ladera Ranch, Foothill Ranch, Lake Forest, Mission Viejo

Elizabeth, makes me think of the old saying...you snooze, you lose!  Also last time I looked my crystal ball had a crack in it!

Nov 02, 2010 07:29 PM
Cindy Marchant
Keller Williams Indy NE 317-290-7775 www.marchantteam.com - Carmel, IN
"Cindy in Indy" , Realtor, Fishers Real Estate

Hope you made that public...people need to hear that!

Cndy in Indy

Nov 03, 2010 01:18 AM
'The Diamond Group' 'A Cut Above The Rest'
The Diamond Group @ Keller Williams - Lubbock, TX
Lubbock Texas Real Estate

Mine too Brian..........maybe a Ouija Board should be standard issue for Realtors.........lol

You are so right Cindy..........they need to hear it over and over and over

Nov 03, 2010 04:59 AM

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