La Pine has been seeing an uptick in the real estate market for almost a year! The reason has been the lack of bank owned homes in the La Pine real estate market. As fall is approaching we are seeing a few bank owned homes sneaking into the market.
La Pine Bank Owned Homes On The Market Today
I am not saying the market is going back down quickly as the numbers are still holding steady… however, if the bank owned home starts to dominate the market again, prices will fall again.
The day this post was written (9/20/11) there were only 5 bank owned homes active in the market. The listings on this page will update as the market changes.
It looks like La Pine has a variety of bank owned properties to choose from. Potential investors should react quickly when they find the right opportunity. Can’t the let the good ones get away!
We’ve seen the same thing happen in Vancouver with a smaller bank-owned inventory until the banks felt more comfortable with their foreclosure practices passing muster with the State and Federal laws. Now we have seen an increase to bank owned listings as well.