OH! the Weather outside is frightful, the under $110,000 home is HOT-HOT-HOT!!!!

Thats Right it was a whopping 21 degrees BELOW zero a couple nights ago, and yet all the agents in the office the next day were working with buyers in the under 110,000 dollar market :)  Thermopolis has seen a cool down in homes priced over $200,000 as markets in the surrounding states IE: CA, CO, MT, UT slow down.  These buyers are thrying to sell their homes in these states only to find out their home is not worth what it was a year ago.  Now there dream of cashing out into a small acerage home is out of the picture leaving thermopolis sellers stranded even though our market is strong still.  But that under $110,000 dollar home is so hot becuase the average home buyer here in town can afford almost to a $200,000 ,combined with quiet a few first time home buyers and the fact that the rest of the state has seen a booming houseing market with all the energy jobs  and the thermop market really heats up on that very affordable home. 

Chris in Thermopolis Wyoming

Properties West Inc