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2012-06-25 12:35:26
Buyer's Market or Seller's Market

Is it a Buyer's or Seller's Market in Commerce and Hunt County?

In years past, we were in a seller’s market for Commerce and Hunt County real estate, and more recently, I  would have categorized it as buyer’s market.  Right now, I would have to say we are in a great market for both buyers and sellers.  Let me explain…

For seller of residential property in Commerce and Hunt County, listing inventories are at some of the lowest levels in years.  This means fewer quality properties for buyers to choose from.  Low inventory + good demand = GREAT TIME TO SELL.  So if you are on the fence about selling your property, contact me today for a free market analysis

For buyers, interest rates are at historic lows.  A 30-year mortgage with interest rates under 4% is common place.  Low interest rates increase your buying power.  Also many communities in Hunt County qualify for 100% financing through the USDA.  So depending on your credit and location of the property, you can possibly get into a home with ZERO DOWNPAYMENT. The key for buyers is to first get pre-qualified and once we know the price range for homes to look at and which loan type will work best for you, we can customize a search and start looking for the perfect home.   

So for Commerce and Hunt County...
Is it a seller's market? Yes.
Is it a buyer's market? Yes. 

If you or anyone you know is considering a home purchase or needs to sell, contact me today.

  Quay Throgmorton
Century 21 First Group
1219 Washington Street
Commerce, TX 75428
903-886-1200 Office
903-450-7273 Cell
903-886-4500 Fax
Quay@Century21.com
www.huntcountyrealestate.com

If you have questions or comments about the real estate market in Commerce or Hunt County, let me know, I’m here to help.

 
Blog Archive
2014-01-11 05:37:20
2013 - Residential Sales Year in Review

2013-05-17 12:47:05
The housing recovery is (really) here

2012-11-19 20:34:47
A Time for Change

2012-11-14 08:52:12
Selling your home during the holidays

2012-08-15 09:53:57
Buying Tips - Home Inspection

2012-07-02 14:51:59
Home Buyers: I'm Serious, Are You?

2012-06-25 12:35:26
Buyer's Market or Seller's Market


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