Craig To the editor:
Summer is finally upon us and while most of us are glad it's here and we are no longer shoveling snow, some of us are probably ready to see snow again just because of rising temperatures.
Summer is always a good time to sell your home in Craig and this year is no different. Although sales have slowed slightly from last summer and inventory is higher, homes are still selling in Craig. Homes are still affordable in Craig.
An article in the July 9 edition of the local paper was recently brought to the attention of the Craig Association of Realtors in that a developer was quoted as saying that due to his diligent research, he had found that no homes in Craig could be purchased for below $269,000.
We would like all of you to know that this is simply not true. There are currently 131 homes on the market available for purchase that are below $269,000.
The current FHA lending limit for Moffat County is $271,500. All Craig Association of Realtor members work with reputable lenders that offer 10 percent down, 3 percent down, and zero percent down financing (100 percent financing), all available for qualified buyers. Interest rates are still making your home purchase affordable as well. Rates are around 6.5 percent, but check with the lender of your choice to be certain.
What you read or hear on television can make you leery and unsure of the market. Please understand that our local market is very different from the national market. We basically have no rentals available and very few foreclosures. We are very fortunate in Craig to have the market that we have had, do have and will continue to have for the future. We continue to grow and change as a community. New businesses are coming to Craig, existing businesses are expanding and businesses that are for sale are being purchased to remain in Craig.
It's OK to be cautious and ask questions. As your Realtor, we are here to help you make the best decision you can about the biggest decision you'll ever make. So sit down with your Realtor of choice, look at houses that fit your budget and make your dream of home ownership a reality today because it is possible, especially in Craig.
Thank you for the confidence you have placed in us and we will continue to work hard for you, whether you are a buyer or a seller.
Craig Association of Realtors