A recent study by the Association of Realtors stated that 2/3 of active buyers would have purchased regardless of the tax credit. What does that mean for sellers? There are still many active buyers out there with limited inventory to choose from!
Statistics in the Clark County - Vancouver, WA area show that county wide inventory levels are a normal 6.5 months. However, when you lower the price range under $200,000:
Looking in certain sought after neighborhoods like Downtown Vancouver, Arnada, Hough, and the Heights under $300,000? The numbers of available homes are low as well:
Salmon Creek and Felida? Low inventory as well:
How about Camas, WA? Limited inventory here to:
Afraid of the time involved in short sales?? Statistics show they are closing 18.6% quicker in the last months and at great prices - only 89% of list price on average! Choose a CDPE agent that has specialized training and they can steer you in the direction of a short sale with an optimal chance of closing in a quick amount of time! Here are the statistics on short sales in all price ranges and areas of Vancouver, WA:
Looking for an REO/bank foreclosure bargain! For those in competitive prices ranges, better hurry! Inventory of foreclosures has gradually been going down due to successful loan modifications and completed short sales:
Have questions or interested in neighborhood specific statistics? Contact me today and I would be happy to send you a full report on your zip code. And by all means, if you are contemplating selling a home in any price range, now is a great time. Buyers that missed out on the credit are still looking due to low interest rates and great prices.....not to mention corporate relocations, changes in familial status, down sizers, and other reasons that force people to move up, or move down.
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