Friday, September 16, 2011
Fort Worth Real Estate Outlook.....Do you know???????????
is ACTUALLY pretty good!
After attending a Fall real estate forecast meeting on Wednesday, I felt like things are darn good here in our area....which reminds me that our Greater Fort Worth Board of Realtors adopted the saying;
"Thank God it's Fort Worth!".......and that has proven true.
Now...with that beginning, here is the situation. While many states were increasing their values by 40 to 100 per cent annually.........Fort Worth and our "neck of the woods" was just clipping along at a snails pace.........never gaining too much, but also not falling too much....As as you may know by now, even within a city or county, there are places that do better than others....due to location, quaility, size of the properties, the schools, etc.
Yes, we have had a lot of foreclosures..........and again those have been more concentrated in specific areas.............and those areas were and are hit with lower valids...because a foreclosure does have an effect on the house next door and the area's comparables.
With great schools nearby, this seller should have a successful sale in a short time.
The biggest thing to remember is to talk with a knowledgeable agent and discuss the outcome that you want. Perhaps your home will bring a price that you want, or perhaps you will be able to get a really good buy on where you are moving. There is more to real estate than the price!
Please call me to discuss your specific questions and any concerns that you may have about buying or selling in Tarrant County.