Bedford Real Estate Market - View Bedford Real Estate Market Trends in Texas

Winter 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Bedford. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 817-891-6507
Average Home Price	$175,000 - View Graph Trend

Average Price Compared to Last Year	Down 0-5%

Average Time on Market	30-60 days

Best Selling Price Range	$150,000 - $199,000

Worst Selling Price Range	$450,000 - $499,000

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	Decreasing

Market Trend	Increasing

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Bedford is	Increasing

Seller Activity for the past 90 days in Bedford is?	Increasing

Multiple Offers?	Yes

Multiple Offers Commentary	Homes that come on the market with all the current updates are receving alot of buyer attention and multiple showings. The competition is fierce and the buyer needs to be ready to make a quick decision when they find that perfect home.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	5-10%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	Buyers should have their financing in order when looking for a home. A pre-approval letter must accompany your offer. And with these great rates, you can keep money in your pocket every month. Don’t wait for an increase in interest rates. A 1% increase could add $100 to your payment, that’s $1200 a year more for the same home.

Housing Inventory	Good supply - Some Prices

Inventory Comments	Home owners realized they have to be ’HGTV’ ready when listing. Buyers are getting great home conditions to choose from. Those who are updated and current move the fastest. And when you find the one that fits your family, move fast. It could be the one all the other buyers have picked out also.

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Good economic news

Nearest Metro Area	Dallas, Fort Worth

Housing Hot Spots	Most cities within the Tarrant County area are considered ’Housing Hotspots’. Some other major locations are Colleyville, Hurst, Southlake, Grapevine, Keller and North Richland Hills.

Average Sold Price	$175,000 - View Graph Trend

Bedford Local News

News for Bedford, TX - September 2nd, 2010 9:34am
It has been a great August in Bedford, TX. 60 homes were listed on the market which gives buyers even more to choose from. 24 buyer did make a great selection and put a home under contract. And another 30 homes in Bedford, TX sold. Don't miss the growing value sitting before you in Beford. The current home prices give you a great place to be when the market bounces back and home prices rise again. Not to mention the interest rates that are at all time lows. There is not a better place to put your money.

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Lee Ann McVay Realtor SFR

817-891-6507

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September 2010 (1)

Mortgage Rates

– Feb 10th, 2012 –
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30 yr. fixed rate: 3.89%
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%

Home Values

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Bedford Real Estate Market Trends – Texas

Bedford Real Estate Market Conditions and Trends