It is a weird housing market in Beaumont right now. Its the start of Spring and we are entering the season that is usually the busiest for home sales throughout the whole year but for the month of March: Home prices are down. Home sales are down. The number of homes for sale is down.
So what is going on in the Southeast Texas Housing Market? Even the Beaumont Enterprise Article talks about the current Sellers Market and how hard it is to find a home in popular areas of Beaumont, Lumberton and Nederland.
There is a catch to all this home buying frenzy. Its the entry level homes. Homes priced under $200,000 that you just can't find. There's a real shortage. In the upper price ranges its a different story. That is why this market presents a great opportunity for those "move up buyers".
If you are looking to buy or sell a home in Southeast Texas, this is a tricky market. Its more important than ever to work with a local professional Realtor. Contact me by blog or phone for accurate, up to date, local home values.