Jerry Clark, a home mortgage consultant for Wells Fargo Home Mortgage on Glenn Avenue in Auburn, said that while the housing market has slowed down in much of the nation, Lee County is "still going strong."Clark
said Lee County is like a "sweet spot."Because of its proximity to vacation spots like the mountains and the beach, people consider it a "great place to live," he
said.And new employers who are consistently locating here help keep the area's housing market in good shape.
"Lee County is a special place, so to speak," Clark
While some contractors are telling Clark
they're not selling properties as quickly as compared to last year, homes are still selling and the mortgage company has not seen a decline in business.
"People are getting more creative with ways to buy," Clark
said."But we're still busy.We've still got things going on."Clark
said people can be easily misled by media outlets who report on extreme conditions within the market, but by working with a lender they can find a program to affordably meet their individual needs.
Papa Jimmy at First Metropolitan Mortgage on Executive Park Drive in Opelika said mortgage rates are dropping, but agrees that the market in Lee County is not what it was last year.
"They're dropping some - a little bit," he
said."It's a buyer's market because houses aren't selling as fast, but you've still got some hot areas."
Papa Jimmy said he
believes any house, priced right and cleaned up, will sell.He
said when a house is overpriced, people often don't realize they could still make an offer.
"If it's priced right, it'll sell; if it's overpriced, it won't," he