Metropolitan Statistical Area (MSA):
Plainview, TX is a Metropolitan Statistical Area (MSA) comprising counties including .
There is no doubt that the housing market in the Plainview, TX metropolitan statistical area (MSA) has been on the rebound in recent years. After taking a beating during the recession, home prices have slowly but surely begun to creep back up, and sales volume has followed suit.
One of the most notable trends in the Plainview housing market of late has been the return of investor activity. In the aftermath of the recession, many investors fled the market altogether, but now they are coming back in droves. This is good news for sellers, as increased competition among buyers can lead to higher prices.
Another trend that is worth mentioning is the growing popularity of "fixer-upper" properties. With home prices still relatively low, many buyers are willing to take on a project in order to get more bang for their buck. This is especially true for first-time homebuyers who may not have a lot of extra cash on hand.
Overall, it seems that the Plainview housing market is finally starting to recover from the devastating effects of the recession. Prices are rising and sales volume is increasing, which bodes well for sellers looking to cash in on these trends.