In most cases a home is a family's biggest investment. When the economic slump hit, it caused homes sales to plummet around the country; leaving some upside down with their mortgage. While the Basinís market was booming and stable, so we didnít see many foreclosures. But is it still doing as well as it was two years ago?
Legacy Realtor Larry Hatfield said the market has now balanced out. The Basinís housing market is no longer a buyerís market and sellers are no longer forced to give their houses away. He tells Big 2 thereís a great advantage for both sides.
ď4.5% interest rates, best time in 50, 60 years," he said.
Hatfield canít remember them ever being this low during the 28 years he has been selling homes. He said heís surprised they arenít busier.
"I think people are going to look back if they didn't take advantage of this window of opportunity 4.5% rate they are going to wish they had,Ē explained Hatfield.
Home prices in