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Wall Street Journal: “Housing Crises Over”
July 14th, 2012
According to the Wall Street Journal and housing experts, the real estate housing crises is finally over. The market has turned and housing is on it way back.
Clovis Real Estate
The past 5 years have been the best of times and the worst of times for the Clovis Real Estate market. If you were a Clovis home seller, watching your home’s value plummet to 2002 levels has been difficult to watch. Some Clovis homes that once sold for $750,000, dropped to under $300,000. Many Clovis residents lost their homes to foreclosure or decided to short sale their home in hopes of purchasing another Clovis home in the near future. Their lives were torn apart.
On the other hand, during the housing crises, Clovis buyer have reaped the benefits of bargain-priced Clovis homes and all-time low interest rates. Some Clovis residents were able to purchase beautiful dream homes they never imagined they could afford, while others bought Clovis homes in the very best Clovis neighborhoods and school districts.
But all good things must come to an end. Housing experts have warned over the past couple of years that Clovis home prices this low wouldn’t last forever. That time appears to be here.
Clovis home prices have now stabilized and there are more Clovis buyers than Clovis sellers, creating bidding wars on most Clovis homes for sale. If you’ve been on the fence about purchasing a Clovis home, the longer you wait, the more likely Clovis home prices will only increase or someone else will buy your dream home. The days of rock-bottom Clovis home prices and countless Clovis foreclosures are over.
If you’re a Clovis buyer looking for a Clovis home, now really is the time to buy. Sign up below to work with us and we’ll scour the market help you find your dream Clovis home.
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