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Old 07-10-2013, 03:40 PM
 
3,478 posts, read 6,554,983 times
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Buyers or Sellers market? Do things tend to sit?
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Old 07-10-2013, 05:34 PM
 
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I wish there was an easy way to track this as I would be interested as well. Unfortunately, even Realty Times does not carry a "market snapshot" for Lubbock. I drove through much of the SW section (outside the Loop) last Saturday and there are a LOT of homes for sale. I know out here north of the City, rural properties with acreage seem not to stay listed for long. Those are the ones I have sort of been watching.

Try this: RealEstate.com - Lubbock, TX Market Overview
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Old 07-11-2013, 04:52 AM
 
Location: Denver
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Lubbock just has an incredibly stable real estate market in general, neither a buyer's nor seller's market. However, I have had a few family friends say that oil companies are starting to move in and put in offers on houses in town, so I'm afraid prices might start to bubble like they have in Midland (which is about twice as expensive as Lubbock right now).
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Old 07-11-2013, 04:00 PM
 
Location: Texas
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My Brother in Law looked for months for a house, and there were a whole bunch of houses to look through, but they were actually selling.

Finally decided to build, but the builders are staying busy too. Overall he is paying a bit less $/sq ft than I did for an existing home outside Amarillo though.
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Old 07-15-2013, 04:27 AM
 
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I am having a hard time getting realtors to stay in consistent contact. I'll ask a question and get a reply, but follow up questions are ignored. Have tried two realtors/companies so far. Any suggestions?
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Old 07-22-2013, 06:53 AM
 
Location: Northern Wisconsin
10,379 posts, read 10,908,149 times
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None. But the market is pretty stable, not great for buyers or sellers. Lubbock is a little on the laid back side. Don't be surprised if realtors don't knock you over trying to serve you.
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Old 07-27-2013, 09:23 PM
 
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Here's a fairly detailed article on the area's RE market.

It seems to say that it's sort of a seller's market. Of course, that could change.
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Old 07-30-2013, 06:19 PM
 
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Quote:
Originally Posted by shoe01 View Post
Here's a fairly detailed article on the area's RE market.

It seems to say that it's sort of a seller's market. Of course, that could change.
I especially enjoyed the commenter who wrote, "I would sell my home tomorrow if I could get what it is appraised for." It's been a lot of years since I owned a home in Lubbock County and I don't recall how my appraisals stacked up to market value back then but, since I returned to Texas in recent years and owed two homes in other nearby counties, the disparity between appraisals and market values seems to be a reoccurring theme on the South Plains.
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