According to some of my builder contacts, the city of Waxahachie is raising requirements on new homes built. Some of these changes include higher minimum footage requirements, alleys, rear and J-swing entries. This along with the changes in the housing market and the cost of materials means higher prices.
Right now homes are available in town for as low as $90,000, but that will see a significant increase. The requirements certainly have an upside, but it means that fewer first time buyers will be able to buy a home in this great city! I encourage anyone who is interested in a home here, to strike while the iron is hot, prices are great and interest rates are still holding.
I have some good loan sources for challenged credit and strong credit. They'll be glad to look at your situation. I believe changes will be taking place fairly soon as plans are currently being reworked. So now may be the time for you to qualify for a new home. A delay could possibly mean you can't qualify for a home in the near future. I'll be glad to assess your situation and help find you just the right home.
Wednesday, July 16, 2008
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