There's a big difference between a buyer's market and a depressed market, and I suspect that you may be making a common mistake. In a buyer's market, you can often shave a few percentage points off of the price of a well priced property. More often though, the difference between a buyer's and seller's market is the length of time a home is on the market. If you go at it long enough, you may eventually find someone who is desperate enough to go well below their asking price--but don't count on it.
As for where you buy, you should base that on where you want to buy, and what locale would best serve your needs over the long term.
Jackie is right. Real estate is very local. It can be a totally different world from one subdivision to the next. Weatherford is not a buyer's market nor is it depressed. At the same time, it is a good time to buy there. Interest rates are great and statistics for that market show that it has held at a slight incline for decades. That's the best kind of market. You know you'll have equity but there is no bubble to burst and burn you later. Good luck wtih your search.
Note* Hire one agent to work for you and your best interest. That's they best way to find a deal and get it before someone else does.
I am a real estate agent here in Weatherford and would be glad to provide you with more information regarding properties and their values. There are different areas in Weatherford that are definitely holding stable in property values as well as some areas that are decreasing or increasing in value. It really depends on what area you are looking in! Should you look outside the area? Only if that is what you really want to do. However, there are many homes available that are good values. Please let me know if I can help in any way! Thanks!! ........Jackie Rankin
BUT KEEP TRYING MAYBE HAVE YOU TRIED REO OR BANK OWNED PROPERTIES . OFFERING ON TWO PROPERTIES AT THE SAME TIME ?
if you want a dea, then find someone who doesn't owe anything on a property of has lots of equity in the property.
Good luck with your search!