Home Sales in Wichita Falls on the Rise

Home Sales in Wichita Falls on the Rise

The housing market in Wichita Falls is looking up in the third quarter of 2015. 
     According to the Texas Association of Realtors, Wichita Falls home sales increased by 14.7 percent in the third quarter to 719 single-family homes sales. 
     "There is no question that water and rain have contributed tremendously in a positive way to what we're seeing in Wichita Falls, TX," DeeAnn Martin, Co-Owner and Broker for Advantage Real Estate said. 
     A city recently suffering from a nearly five year drought, is now flourishing when it comes to home sales. 
     "This is showing that people are starting to have more faith in the housing market in Wichita Falls," Martin said. 
     With more trust in the market residents make more investments. Martin said when people buy homes they are investing in their city, which in turn can benefit the local economy. 
     From August to September the Wichita Falls Association of Realtor's pending sales went up from 92 to 171.  
     The association is also seeing an $8 million increase in total volume from this time last year. 
     Martin said the trend is also carrying across the state very well.