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Market Conditions in Lubbock : Real Estate Advice

  • All273
  • Local Info8
  • Home Buying68
  • Home Selling17
  • Market Conditions12

Activity 14
Tue Jun 17, 2014
Daniel Sayers answered:
8-10 minutes, very short commute to campus. Just take 4th street. :-)
0 votes 1 answer Share Flag
Sat Feb 1, 2014
Donna Kym Hill asked:
This question was asked from http://www.trulia.com/homes/Texas/Lubbock/sold/23681388-2810-56th-St-Lubbock-TX-79413
0 votes 0 Answers Share Flag
Wed Jan 29, 2014
Brian Blackwell answered:
The water damage has been fixed and the house has been repainted inside. Still needs some work but has lots of potential and in great neighborhood.
0 votes 2 answers Share Flag
Mon Jan 27, 2014
Annette Lawrence answered:
Donnie. simply make an offer based on what the home is worth to YOU! If you have no interest in the house, you question become irrelevant and the elevated price may have achieved it purpose.. Filter out the 'Why's" and let in the 'why nots!" The house is for sale. The seller rarely likes negotiation with themselves. Why not put in an offer. ... more
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Mon Nov 11, 2013
Shari Straley answered:
We as Realtors are all very different. We take different pictures. We don't all have the same cameras.
I agree with Joy...I don't know her, but she is right. There is nothing that compares to meeting with a Realtor who can get you the true picture of what you are looking into.
I show houses all the time, and clients state that they don't notice certain things in the pictures, but all of them end up finding exactly what they are looking for.
... more
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Mon Nov 11, 2013
Shari Straley answered:
Did you find the information you want?
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Mon Nov 11, 2013
Shari Straley answered:
Are you confused yet?
Let's get to the basics. Are you looking at the tax appraisal to get a value on your home?
Our appraisal district is not always spot-on because they do not know the actual home. I wish I knew where they got their numbers.
That number from the tax office can be very confusing. Buyers love it because they think they can get the house cheaper than the asking price. Sellers don't like it so much because they know that most buyers look at the "tax appraisal" and they, the sellers, know their house has more value than the number given by the tax appraiser in many cases.
A Realtor will come in very useful if/when you choose one. We have the education and knowledge to find the actual value of your home and/or future home. We understand the market and know what we need to do to find what you need/want. Also, just in case you don't know, buyers do not pay the Realtor. We work for you to find the house of your dreams.
If you are selling, a good Realtor will work for you to get your house sold and will know the ways to get your house the exposure it needs to be sold. A good Realtor will abide by the Realtor Code of Ethics. The code is a very strict understanding of the way we handle ourselves in a transaction to always be loyal, honest, and obedient to our clients. Then, in the meantime, keep our client's information confidential to guard against abuse if it should arise.
I hope you have found the information you are looking for.
Please click the following link to view the Information about Brokerage Services: https://www.trec.state.tx.us/pdf/contracts/op-k.pdf If you have to copy and paste, I'm so sorry.
... more
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Sat Nov 2, 2013
Tim Garrett answered:
Ronnie and Debora are correct. The only consistent thing about the Tax Office is inconsistency.
1 vote 4 answers Share Flag
Wed Mar 9, 2011
Christopher Pollock answered:
Duplexes right now are actually one of the highest income producing rental properties around especially in Lubbock. The great thing about Duplexes is that you tend to attract young families who will better take care of the home, stay in the home longer, and overall will have a better credit score than a Texas Tech Student. I highly recommend duplexes to all of my investor clients. They rent out well and rarely remain vacant. The Lubbock Rental Market is booming right now and the supply of rental properties is very slim. ... more
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Sat Jun 12, 2010
Non-Agent answered:
Currently, it is around 80-90 days. Are you interested in buying or selling a home? If so, what date/time works best for you to meet so that we can see the many different homes for sale?

-Adam Cavazos | Realtor | Greg Garrett GMAC Real Estate | Mobile: 806-786-8905
... more
0 votes 1 answer Share Flag
Mon May 24, 2010
Bruce Lynn answered:
Some people see it as a negative.
Some people see it as a positive.
It depends on your abilitiy to use the location to your advantage.
While normally I would not want to live in a property on a busy street or overlooking a highway,
there are plenty of people that do. Drive from Lubbock to Amarillo and you will see plenty of houses
scattered along the highway....when there is plenty of open land that stretches for miles where people
could build.
One bonus is that for rentals you get great visability of your sign. Investment properties are often valued
by the cash flow....so if you are keeping it rented and maximizing the cash flow by the advantage of the location that is a BIG PLUS.
... more
0 votes 4 answers Share Flag
Wed Jun 24, 2009
Clay Enger answered:
Cam,

You must have a personal reason for believing home values in NW Lubbock have declined recently. I'm not aware of that being the case. However, I'll be glad to discuss your concerns. ... more
0 votes 1 answer Share Flag
Wed Apr 16, 2008
Jmo answered:
Thank you for the responses. The reason I feel I would benefit from a lower estimate would be to pay less. I don't plan on moving anytime soon and didn't think the county's appraisal would be that influential in the sale of my home. It was already appraised higher than I bought the home. I didn't use an agent for the sale. It was a for sale by owner. ... more
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