The Numbers Don't Lie - Homes Are Selling - Buying Now is a Great Idea!

By
Real Estate Agent with Fred Real Estate Group

La Pine Home For SaleYesterday I wrote about the market for first time home buyers in La Pine and Three Rivers South, Oregon. I was a little surprised to have a few locals chime in and basically disagree with me about the current market.

The numbers do not lie - La Pine and Three Rivers South are showing signs of a down market - which I did not dispute, but what I did find is that neither are in a "declining" market.

A declining market is when the sales prices fall below previous sales. La Pine and Three Rivers South are showing a slow market but not a declining market.

The proof is in the numbers - check out these CMA's and you will see - we are doing a lot better than a lot of markets across the country.

La Pine Homes Under $200,000

La Pine Homes From $200,001 to $250,000

Amerititle Report of Third Quarter of 2007

You can still have your new home before the winter holidays - with the inventory to choose from and the snow starting to fall now is the perfect time to get packing and into your new home.

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Thesa Chambers • Broker • RE/MAX Sunset Realty

541-771-7064 Cell • 541-536-0117 Office • 888-868-2050 Toll Free

Mailing Address • PO Box 3510, La Pine, OR 97739

Comments (7)

Mana Tulberg
805 County Real Estate - Camarillo, CA
Real Estate Agent - Camarillo CA
Thesa, Unfortunately the public is more influenced by the media. They are forced to believe the numbers and the facts we are giving them are all made up.
Oct 19, 2007 05:13 PM
Thesa Chambers
Fred Real Estate Group - Bend, OR
Principal Broker - Licensed in Oregon
Mana - oh that is so true - but I loved it when the 3rd quarter stats came out.... you see - La Pine is often looked down upon by Bend - so..... we are doing ok all things considered and their homes.... well they have lost value -
Oct 19, 2007 05:16 PM
Candy Henthorne
Results Realty - Spring, TX
Spring Texas Real Estate

Thesa - I agree with Mana, the Media loves the doom and gloom.  Plus they speak about national real estate, and many times it has nothing to do with the local real estate market.

Oct 19, 2007 06:22 PM
Thesa Chambers
Fred Real Estate Group - Bend, OR
Principal Broker - Licensed in Oregon

Candy - The media does thrive on the negative - however have you ever notice the posts with a ton of comments on AR are usually negative - it is human nature - cracks me up

Oct 19, 2007 06:42 PM
Kaye Thomas
Real Estate West - Manhattan Beach, CA
e-PRO, Manhattan Beach CA
These.. there is a rather large and vocal minority that just won't believe the market is not going to crash in every city in America.  They don't care about what is actually happening in a local market ...and refuse to believe that many markets are not going to crash by 60%.   
Oct 19, 2007 06:51 PM
Thesa Chambers
Fred Real Estate Group - Bend, OR
Principal Broker - Licensed in Oregon
Kaye - I get it - I just really need a buyer for a home or two - so if one or two people will look at the facts it could be a win win for both the buyer and seller - nice to see your charming comments
Oct 19, 2007 08:04 PM
Karen Rice
Keller Williams Real Estate - Hawley, PA
Northeast PA & Lake Wallenpaupack Home Sales

If I have one more person ask me "What are you doing now that the real estate market has basically tanked.." I will scream.     

Oct 22, 2007 03:17 PM