The market of a year or two ago was driven by the emotional side of buying – everyone just had to have that house. “Money was cheap” times were good and no one thought it would change.
Change it did – today the buyer is more educated, knows what they want and has a good idea of what they are willing to pay for it. This is true in more than just real estate, but we are going to talk about real estate for now.
All of Central Oregon has homes priced at a point the buyer can see the value and feel like even if the market dips further they will have purchased at the right price. Finding these properties can sometimes be overwhelming, and hazy because there is so much inventory to choose from.
La Pine currently has over 100 frame built homes under $200,000 these homes range in size, age, lot size some have been updated some not.
The buyer has more choices today then they have had in over 20 years. Finding a home is not the problem the problem is choosing the right home. That is where an agent that is active in the market can help you. Any real estate broker in Central Oregon can pull up a list of homes under $200,000 – how many of these same agents have been in any of these homes?
Very few of the agents consistently participate in the REALTORS® tour, many of them have other jobs and seldom do they do any previewing of the homes currently on the market. The buyer today is doing their homework and you buyers deserve an agent that knows the market, knows the homes in the market and can tell you about the local issues.
I love to give buyers a clear picture of what they are looking at. Many buyers do not realize that there are actually owner occupied homes that are not in short sale status for less money than Bank Owned Properties. Let me be the one to show you some of these great properties before you get ready to take on all those home repairs.
Buyers the time is great for buying, rates are low you have a ton to choose from….. but you also have a lot to be aware of. Call me for your home buying needs, especially in the Southern Deschutes County area or Northern Klamath County area.