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All Forum Posts by: Zachary D Baldwin

Zachary D Baldwin has started 1 posts and replied 3 times.

Originally posted by @Alfred Litton:

Zachary, my rather ordinary sfh properties have appreciated about 9-10% per year the last 2 to 3 years. It's not stagnant at all.  Solid and steady more like.

 Thank you for the insight, do you think that appreciation you are seeing is because of the portion of the market you are in "price/location" or do you think that's a broader trend across Wichita as a whole. I recently purchase a home in Burkburnett when I moved here earlier this year, and I planned on purchasing some more affordable properties in Wichita to rent and hold but the more time I spend in the area I just don't see anything really going on growth wise for this city. Of course COVID is a thing still and that could be playing a huge factor on why I don't feel like its a very lively area whenever I'm downtown and out and about.

Wichita Falls seems like a stagnant town that hasn’t and isn’t growing. With that said buying any properties here would be for the long haul correct? It doesn’t seem like you would earn anything in the way of appreciation. 

Is anyone currently in the Wichita Falls market or investing from out of town/state in the area? I recently moved here and been looking around the market to purchase rental properties. Looking around the area though it looks like this may not be the best housing market.