Declining Market makes great move up deals in Crismon Creek - Great move up deals in Crismon Creek made by declining market

The declining market has brought about "PRICE COMPRESSION" & that means GREAT MOVE UP SAVINGS!

Let me explain. For example; At the top of the market in 05 the avg price in nearby Augusta Ranch for a house around 3000 Sq Ft was $490,000, but Now that same house is averaging around $260,000. That is a $230,000 price reduction. The avg price of a house around 2000 Sq Ft in Augusta Ranch in late 05 was around $335,000 & is now around $168,000. That's a $167,000 price reduction, or about 1/2 off. The big house went down more than the smaller one did. And that means a move up buyer in this case can now move up to the larger house for around $92,000 when it would have cost about $155,000 to make the same move 5 years ago. That's a savings of over $60,000.

PRICE COMPRESSION CAN BE SEEN IN MANY NEIGHBORHOODS AROUND THE VALLEY & CAN SAVE YOU $$$$. Now can be a great time to move up. And the opposite happens when the market goes up. So making the move when prices are low will increase your ability to gain more appreciated value in the future.

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