Posted on Jul 25, 2017
U.S. Housing Inventory Hits a New Low… List Your House TODAY!
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Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale have dropped dramatically as compared to last year.
U.S. Housing Inventory Hits a New Low… List Your House TODAY!
Posted from goo.glPosted in these groups: 42A: Human Resources Specialist Fort Bliss El Paso University of Texas – El Paso1st AD
Posted >1 y ago
Responses: 1
Posted >1 y ago
Yet the market estimates STILL value my home WELL below what I paid for it in 2009 (when we thought that the housing market was at its lowest, and could only go up).
Why? If you ask me, whatever is going on in the rest of the country has nothing to do with the locality of EPTX. The builders can get cheap land at the edge of town, cheap labor from Mexico, and sell you a home cheaper than anywhere else. As my realtor advised, why would anyone want to buy a 5-10 year old used home when the new home builders just come and undercut that price, and offering a brand new home?
I'm so done with EPTX, it's not even funny
Why? If you ask me, whatever is going on in the rest of the country has nothing to do with the locality of EPTX. The builders can get cheap land at the edge of town, cheap labor from Mexico, and sell you a home cheaper than anywhere else. As my realtor advised, why would anyone want to buy a 5-10 year old used home when the new home builders just come and undercut that price, and offering a brand new home?
I'm so done with EPTX, it's not even funny
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