Lots of lots available in Bentwater on Lake Conroe, and why?
By Deb Brooks
(Brooks Prime Properties Wichita Falls Texas)
If you are a lot owner on the water at Bentwater I have some words of advice. You may be asking, "why is my lot not selling?' From the observation of DOM, Days on Market, many of you landowners listed as far back as 2009. Real Estate and our sales are LOCAL and not National. Locally, in the year 2009 we were still in a strong seller's market. Our local bubble had only begun to spring a leak. Looking back to that time, there were a flood of foreclosures that hit right about that very time you listed your lots. With your lots being listed as low as $55,000 and as high as $749,000 possibly you can see why buyers flocked to the foreclosures instead. Buyers were able to purchase a nice developed lot with a home as large as 4000 square feet for as little as $160,000. The good news is that fo...
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