EXPERIENCED IN RESIDENTIAL AND COMMERCIAL SALES
SPECIALIZED IN NEW HOME SALES IN 1995 & 1996
OWNED AND OPERATED MY OWN OFFICE FOR 6 YEARS
NOW A FULL TIME, FULL SERVICE BROKER
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What to Look for in Great Wichita Falls Real Estate
With the present housing crisis still fresh in the spotlight of the United States and also the community in particular, it’s so easy to grow discouraged with the way things are and the assumption which is all they actually will be. Bad much too often goes to worse, and you are able to get it from there.
Whether you had been touched by the bad loans and rampant foreclosures of the previous 2 years or otherwise, chances are you’ve experienced the ripple effect in some way, shape, and form. Stimulus packages, unemployment rates, bailouts, and layoffs are the buzzwords of the day, as well as in case you’re the fortunate few unaffected by them right, the home value of yours might not have been.
But in the Wichita, Kansas, real estate market, it appears as though the positives are beginning to outweigh the drawbacks. A recent study by Yahoo Property shows, in fact, that Wichita homes are in fact increasing in value, up.6 %, while foreclosures have fallen by.7 %. Very upbeat news in a downturn economy!
What does this mean to Wichita residents or perhaps those thinking about investing in the region?
It means which Wichita property is setting a standard for the majority of the nation to follow up to, a standard which is going to continue to increase the value of the homes of yours even while the remaining portion of the economy tries to catch up.
So what should you do since there’s really good news in the press (for a change)?
You ought to be investing. There’s simply no better time than the present for you to improve the appearance of your current property or perhaps take the plunge into the Wichita real estate market. Just keep these tips in mind:
Follow the Listings. –
By doing lots of research, you are able to stay plugged into the homes which have been on the market for a while now. Particularly, look for listings which have been on the market for ninety days or even more. Through simple patience and incorporating property listings into the day regimen of yours as you’d the coffee of yours or even the morning paper, you are able to get the deals and up the bargaining power of yours.
Submit aggressive bids. –
Whether you’re dickering with the cost on a “fixer upper” or perhaps bargaining on discounted property, do not pay the asking price. As soon as you are able to get yourself a seller to come down off their asking price, it’s a victory for you. The more intense you bid, the more apt they’re to come down, particularly when their property has been on the market more than 3 months.
Pounce on interest rates. –
Check with many lenders, including online and local mortgage companies. As the interest rates continue to fall, the moment is ideal for rates which will help you save money over a fixed 30-year or 15- mortgage period. Work to ensure great credit, and you are able to make the lenders compete for the business of yours.
Wichita, Kansas, property is a fantastic value for those ready to take the plunge. And with the good signs coming out of the area economy, the drab landscape of housing has a bright future.
THIS PAGE WAS LAST UPDATED ON:
JANUARY – 16 -, 2001