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Inventory Is Low. Need Houses Between $120K-$140K
In 2014 almost 400 houses sold in that price range. That is more than 30 a month and at this very moment we have only a 3 month supply.
Why is that a magic number? The $120,000 to $140,000 price range fits many first time home buyers. When you bought your home you could very well have been a first time home buyer.
That price range keeps the payment affordable for a new buyer with under $1000 payment and under $50,000 income needed.
First-time home buyers are beginning to receive their income tax refunds and are beginning to start looking.
Is your house in that range?
Pamela Madore
Keller Williams Realty
3955 S Soncy Amarillo TX 79199
806-290-1920
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