Wichita Falls Market Temperature

By
Real Estate Agent with Bishop Realtor Group - Wichita Falls, TX

Good Monday morning to you!

Market Temp

It seems not so long ago (3 years) that someone coined the phrase, "price war and beauty contest" for the real estate market. The more and more I work with buyers and sellers, the more this not only makes sense to me- but I've found it truly is the perfect description.

You will hear many people make comments on the market being stagnant and slow - it is anything but that. Since January 1 we have had nearly 200 new buyers register with our sites on-line. The market's issue right now is inventory. We have the same amount of buyers as usual (see last week's news story http://texomashomepage.com/fulltext?nxd_id=114257), but we have a much larger inventory than ever. Hence buyers now have more choice than ever.

The best news is most values are even if not a little more appreciated than when a seller purchased their home over the last few years. Compared to other parts of the country, we should count our blessings.

Fast Answers

www.ImAhappyBuyer.com - Mortgage Rates?

www.TheFallsHomeFinder.com - What's Available?

www.TexomaHomeValue.com - Thinking of Selling?

www.TheFallsPodCast.com - Market Update

www.ThePrairieWF.com - Looking for land to build on?

If I can do anything you or someone you may know this week, please let me know.

 "We must become the change we want to see." Gandhi

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