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Market Trends
Commentary Provided byAdam and Lisa Humphrey If you can qualify, now is an exceptional time to buy a home in Lawton. Low rates with falling home prices makes a home purchase a great value! Call now for more information at Adam @580-647-0194 or Lisa @580-284-7948 |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | Lawton | ||
| Buyers’ or Sellers’ Market | Equal buyers and sellers | ||
| Average Time on Market | 90-120 days | ||
| Market Trend | No Change | ||
| Housing Inventory | Good supply - Some Prices | ||
| Average Home Price | $125,000 - View Graph Trend | ||
| Best Selling Price Range | $150,000 - $199,000 | ||
| Worst Selling Price Range | $450,000 - $499,000 | ||
| Compared to Last Year | Up 0-5% | ||
| Prices As % of Asking Price | 95-100% | ||
| Multiple Offers? | Yes | ||
| Greatest Activity | First Time Buyers | ||
| Buyer Activity for the past 90 days in Lawton is | Increasing | ||
| Seller Activity for the past 90 days in Lawton is | No Change | ||
| Is Financing Available For Qualified Buyers in Lawton? | Yes | ||
| Existing Home Prices for the past 90 days are | No Change | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 0-5% | ||
| Housing Hot Spots | Most cities within the Comanche County area are considered 'Housing Hotspots' | ||
| Reason to Buy/Sell | Population Growth | ||
| Average Sold Price | $125,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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CONNECT WITH A LOCAL PROFESSIONAL
Adam and Lisa Humphrey
United Country - Lawton Real Estate Group Lawton, Oklahoma Adam @580-647-0194 or Lisa @580-284-7948 ftsillhomes@aol.com Agent Home Page
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Lawton Local News
Tax Credit Extension - Thursday November 5th, 2009 12:57pm
The Senate has passed the extension from having a purchase deadline of November 09 to April 10. You will have to be closed on the property by June 10. The tax credit has helped the market in more ways than you can imagine.
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