Stimulus in Lubbock?

If you are like me, you too are probably sick and tired of hearing about "THE STIMULUS". You might be weary of and leery from "THE BAILOUTS". You wonder if the Lubbock economic situation is the same as the rest of the nation? Is everyone loosing their jobs? Are homes foreclosing and depreciating everywhere you look? Will it ever be a good real estate market again??

Please listen to the perspective of a local real estate professional in Lubbock,Texas. Personally, January 2009 was THE BEST January that Lisa and I have ever had! Interest Rates are at RECORD LOWS!! The Lubbock Multiple Listing Service does not show an over abundance of listings on the market!!! We do not have thousands and thousands of homes sitting there that cannot sell. Some homes are not selling for the same reasons homes never sell. 1.) THEY ARE OVERPRICED IN THE MARKET 2.) THERE IS A PROBLEM WITH THEIR CONDITION 3.) BAD LOCATION 4.) POOR PRESENTATION OF THE PROPERTY 5.) UNPROFESSIONAL MARKETING (BY LISTING BROKER) OF THE PROPERTY...AND THE FINAL REASON A FEW OF THEM ARE STILL NOT ABLE TO SELL IS THAT TOO MANY PEOPLE HAVE BEEN WATCHING TOO MUCH NEGATIVE MEDIA AND BELIEVING IT IS SUCH A TERRIBLE TIME TO BUY!!! Consumer confidence has been effecting our market to some degree. I really believe most of that was the fall of 2008. 2009 started with a BANG! Every Realtor and builder I have talked to believe that things have really picked up and we are predicting a solid 2009.

If you are making a mortgage payment and paying a higher interest rate, this might be the perfect time to refinance or sell and buy a different home at A MUCH LOWER INTEREST RATE! Selling a home and buying another one is not only A GREAT WAY TO STIMULATE THE LUBBOCK ECONOMY, BUT ALSO POTENTIALLY LOWER YOUR MONTHLY MORTGAGE PAYMENTS BECAUSE OF LOW INTEREST RATES. LET'S HAVE OUR OWN STIMULUS PLAN IN LUBBOCK! Let's continue to buy, sell and loan conservatively and wisely. Let's not participate in loan fraud. Don't panic! Forget most of what you are hearing from the media. Support and stimulate the local economy by buying and selling in Lubbock! Believe in the people of west Texas and our conservative values, banking principles and real estate practices. The Lubbock real estate market and overall economy is not like what you are hearing on the National news!!!

We have a balanced market here in Lubbock...We are extremely fortunate. Days on market are approximately 100 days from the time you list your home until the time it closes. Sellers are not losing their shirts when they sell. Buyers are not getting steals, but are still getting fair deals! Thankfully we don't have extreme highs and lows in Lubbock real estate. Our home prices consistently appreciate approximately 2-3 percent each year. LUBBOCK REAL ESTATE IS STILL AN EXTREMELY SAFE INVESTMENT! YOU HAVE NOTHING TO FEAR!!

FALSE

EVIDENCE

APPEARING

REAL

WHO WANTS TO JOIN ME IN THE LUBBOCK STIMULUS PLAN AND REFUSE TO PARTICIPATE IN THE NATION'S RECESSION???

HAVE A GREAT 2009

Remember...Whether Buying or Selling...It's Always a SELLERS Market!

www.thesellersrealty.com

Jeff and Lisa Sellers, REALTORS

Lubbock,TX