That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

That is suprising, but in Colorado and in California the market is a buyers market

I guess anything worth saying is worth repeating...a lot!  We're seeing the same thing with well priced properties.  There is tremendous pent up demand.

That is some comment string! AR is having tech problems so I'm sure that is why that comment repeated it's self.

Multi-offers are the norm for me.

Thanks for the comments, it is supposedly a buyers market here in NH and until yesterday I agreed with that but for first time homebuyers, the pickins are slim in some towns.

Amie, Well put if the sellers price their home aggressively the buyers will come to buy.

There are buyers out there.  I came in first with an offer and another offer came in after, but mine had been accepted verbally and was honored.  So this does show that there are buyers if properties are well priced or unique.  Up here in Carroll County, everything is unique - very rarely do you find a new development with all houses similar.  There are a few, but most sales are for older homes.

Yeah, I keep hearing how it's a "buyer's market" - but I have repeatedly run into selling games. REO's listed at a low price, then lowering the price a week later - I am ready to make an offer, and the listing agent says there are multiple offers - then the listing stays up for  weeks or months more. Or... after a short sale is on the market for 2 months, the price is reduced - when I'm ready to put in my offer, Oh!, the listing agent has already accepted an offer - and then the listing remains active.... WTF! A very frustrating buyer's market! Sheesh! And I have multiple pre-approvals with an 800 FICO score!

Dear Home Buyer,

Your situation sounds frustrating, I can tell you that I have had several customers with similar situations.  REO listings are most times priced aggresively and you really need to be looking at the houses immediately after they are on the market.  You won't have much time to think things over many times if you want to be the one to get the house and many times there will be multiple offers.  You need an agent that is working on your behalf and also has experience with bank owned to advise you, if you are looking in NH and don't have representation, call me.

Short sales are a bit of a different story.  They are usually priced well, however, you will have to wait for weeks, sometimes longer for either one or two (depending on how many mortgages there are) banks to sign off on your offer.  

If the listing remains active in MLS it may be because the banks have not signed off on the offer or it can many times (on bank owned) be in MLS as contingent too.  This often times will happen that the buyers have had home inspection and there are issues that need to be addressed prior to closing.  Most times, anything that costs more than $500, the bank will require it to get bids and then they have to review them and approve them.  Buyers of these homes sometimes wait a long time for these issues to get resolved. 

If you have additional questions or assistance, give me a call and we can chat.  Thanks so much for your comment and have a great day!    

Thanks Amie, I appreciate that! I am in Northern California, where prices are just coming into view for me and my husband from an over-the-top inflated market. I have been avoiding the short sales, and the "REO expert" listings, which have been the worst offenders here - and realize that there are still so many foreclosures coming up in my target neighborhoods that I am not too worried, but patience and persistance are required. There are so many people displaced by foreclosures here that buying a home has become more affordable than renting - IF you have a down payment and good credit.