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Will This Happen in a Real Estate Market Near You?

By
Real Estate Agent with BHG TRi-Valley Realty BRE# 01348219

Tri-Valley Buy My House

What desperate times we are in.  And desperate times call for desperate measures. Sellers and Realtors are coming up with new and creative techniques to get their homes sold.  It's been customary during a tough Buyer's market to offer incentives on top of already well-priced listings. Traditional incentives have included interest rate buydowns, paying a buyer's closing costs, or covering a year's worth of Home Owner's Association fees. 

The list mentioned above hardly compares to the wild and wacky techniques that some people are employing down in Arizona where nearly 60,000 homes are currently for sale on the market.

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Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate
Hi Adam:  Luckily in Fort Worth, as in most of the state of Texas, things are not what you would call "desperate."  Sure, they have slowed down, but since Fort Worth has not experienced the crazy double digit price increases that other areas have, we also are not suffering the drops in values that other areas have been burdened by.  I hope things pick up for you.  Take care...
Jan 20, 2008 04:51 PM