The Real Estate market has shifted.
Good Monday Morning! Nationally, and here in the Eugene and Springfield area, the Real Estate market has shifted. We have travelled through a long buyers market and now with a much lower inventory of homes for sale, we are in a sellers market. What does this mean for home buyers? First of all, it means that typically a buyer will not have the negotiating power that they had during the buyers market. Good homes that are priced reasonably sell quickly and many with multiple offers. This means that a buyer may have to give it their best shot with the first offer or miss out. This also means that buyers may have a harder time finding the right home in this market. With fewer homes to choose from, finding the perfect house is going to be more difficult. It is also important in this market for buyers to have all of their Ducks in order. Having a lender letter readily available to present with an offer is essential. Last but certainly not least, it is essential that you have a strong professional home buyer specialist Real Estate agent working for you. Without having a buyers specialist who knows your needs and wants and who can search the market for you, your chances of finding a great home at a good price are going to be tough in this market. We find great homes for our buyers every day. Just because we are in a sellers market does not mean that purchasing a home needs to be frustrating. A buyers market just means that if you are wanting to purchase a home, you need to be on top of things and have a strong agent who knows the market working for you! Have An Awesome Week! THIS WEEKS HOT HOME LISTING! |
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Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-real-Estate-March-2014-US |
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369 Lenore LOOP
Brand new home! Features granite counter tops, bamboo floors, accent lighting, vaulted ceiling, with Great Room. Gas fireplace and built-in shelves in living room. Dining area with skylight. Kitchen with island, eating bar, pantry and recessed light...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
