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2500 Elmwood

$370,000

Photo of 2204 Ellingham, Wichita Falls, TX, 76307.

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Address: 2204 Ellingham	City/ST: Wichita Falls, TX	Zip Code: 76307
Location: 2500 Elmwood	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 4250	Bedrooms: 5	Bathrooms: 3 full, 1 half
MLS# 108316

Last Updated: 10/16/2009 2:26:45 PM

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Pricing >Market Trends

Last summer your neighbors put their house on the market and had so many buyers that they were on the winning side of a bidding war. Now you are trying to sell your home, and there's just no action.

The real estate marketplace is very unpredictable. Many factors come into play, the most important being interest rates and prevailing sales prices. In a strong seller's market, prices tend to escalate until they reach a certain point where buyers begin to just say no and listing inventories increase. When this happens, sellers who price their homes at the higher level of previous sales prices must re-think their pricing strategies. If they don't, their homes may not sell. Whether you are buying or selling a home, it is important to remember that the shift from a seller's to a buyer's market can occur very quickly. You can count on your agent for sound advice on what phase the market is in right now.

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Q	Where will you find the world's largest indoor waterfall?
A	The lobby of the International Center in Detroit, Michigan has a waterfall of 114 feet, backed by 9,000 square feet of marble.
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John Caussey, REALTOR�, real estate agent and broker for Wichita Falls, Burkburnett, Iowa Park and Sheppard Air Force Base, Texas home listings, property and land for sale

John Caussey
Strategic Realtors
3800 Call Field Road
Wichita Falls, TX 76308
940-322-8400
Fax: 940-696-9771
strategicrealtors@BestImageAgent.com

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