Best Buyer's Market in 20 Years - Central Oregon Rocks!

By
Real Estate Agent with Fred Real Estate Group

wickiup-august.jpgAre you tired of the doom and gloom so many real estate professionals and professions that are real estate related are putting out there?  If so, stay tuned... Central Oregon REALTORS® Association, Central Oregon Mortgage Association, Central Oregon Builders Association, Central Oregon Visitors Association and most of the Chambers of Commerce of the are joining forces and plan to make a difference.

We are all focusing on exposing the good news stories for our area; you know the ones that the media rarely talks about.  We are all ambassadors of the good news... This is the BEST Buyer's Market in 20 Years for Central Oregon.

Prices are low, interest rates are low and there are a lot of great mortgage options out there.  In La Pine there are over 150 homes (see list here) on the market under $250,000 today.  With lenders offering loan products such as The Oregon Bond and FHA a lot of these homes would be perfect for the first time home buyer.

Looking to move up in size or style of your home?  There are a lot of great options there too, visit Central Oregon Homes For Sale then click "search for homes" for a complete search of the current listings.coaremailbanner.jpg

Comments (14)

Mesa, Arizona Real Estate Mesa Arizona Realtor
Homes Arizona Real Estate LLC - Mesa, AZ
AzLadyInRed

Hi Thesa, good post. I truly wish more of us in the real estate profession would write more positive than negative. This is a great beginning. ;-)

Pepper

Jan 31, 2008 08:39 AM
Rich Jacobson
Fathom Realty West Sound - Poulsbo, WA
Your Kitsap County WA Real Estate Broker
Thesa - you wanna send a little of that "Best Buy ROCKIN' mojo up our way?
Jan 31, 2008 08:40 AM
Thesa Chambers
Fred Real Estate Group - Bend, OR
Principal Broker - Licensed in Oregon

Teri - I am excited to have all of these associations working together to promote the postive side of the industry - it is going to be HUGE!

Rich - later I will post the 5 feet of snow in my front yard - and you will understand rocking much better :o)

Jan 31, 2008 08:42 AM
Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life
Thesa - This is great news for your area, I've heard that as well.  Once again, proof in the pudding that Real Estate Is Local!
Jan 31, 2008 08:45 AM
Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI
(RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
And I am agreeing with ya!  Over here in our neck of the woods at least with interest rates dropping it is looking more and more appealing!
Jan 31, 2008 10:06 AM
Steve Scheer
Realty Oasis - Metro Brokers - Highlands Ranch, CO
Highlands Ranch Real Estate - Denver Real Estate
Thesa - So many people are still stalling because they hear from the media that its NOT a good time.  Real estate is local and that is great that you are providing your local market with local information.
Jan 31, 2008 10:10 AM
Kaye Thomas
Real Estate West - Manhattan Beach, CA
e-PRO, Manhattan Beach CA
Thesa- Wow.. that is good news.. I know oregon is one of the markets that has held its own while the rest of the country is in trouble..
Jan 31, 2008 11:11 AM
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate
This is great Thesa. Short and sweet and to the point. It wasn't necessary to write a long post. You said all the right things and communicated effectively.
Jan 31, 2008 11:43 AM
Thesa Chambers
Fred Real Estate Group - Bend, OR
Principal Broker - Licensed in Oregon

Jason - It is great news to see so many people working together for a common good.  Kind of like AR uh?

Sally  - It is amazing how many people do not know there is still 100% financing or other programs that are really attractive for buyers.

Steve - Trust me I am getting some real flack from the negative people in my area - but it really is a great market right now.

Kaye - I am so excited to have so many people working together to educate the buyers of the opportunities that are available.

Lisa -  thanks - there will be more good news stories to follow

Jan 31, 2008 12:49 PM
Jeff Belonger
Social Media - Infinity Home Mortgage Company, Inc - Cherry Hill, NJ
The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Thesa....  why many people don't know what exists is because of those spreading bad rumors. As you stated in my post earlier, we did write about the same message, per se. We'll talk... thanks

jeff belonger
Jan 31, 2008 03:33 PM
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate
Hi Thesa:  What a great positive post you have shared with us.  I think if all of us wall-papered that all over our websites... we could show those first-time buyers that this market really is the best buyer's market in a very long time.  Thanks for sharing.
Jan 31, 2008 05:33 PM
Debbie Summers
Charles Rutenberg Realty - New Smyrna Beach, FL
Thesa...  It's sad that all we get is the doom and gloom...  I think that this is a great way to focus attention on the positive aspects of the market.  This is the best buyers market in years...  Great way to redirect your focus.
Feb 01, 2008 12:14 AM
Micheal St. Peter
The Bayshore Group - Traverse City, MI
Thesa- I love this market. We have been hard hit here in Michigan for the past 4 years and it continues to go down. There has not been this kind of oppurtunity to buy like this ever in this states history. First and Foremost I think we need to get back to selling HOMES not investments. Not everyone is an investor nor should they be. Buyers can buy there dream HOMES once again!!! Neighborhoods will become NEIGHBORHOODS AGAIN. THIS IS GREAT and we as realtors should be treating it this way.   
Feb 05, 2008 03:03 AM
Karen Cooper
Karen Cooper | Sr Retail Loan Originator ! NMLS # 223305 | 360 Mortgage Group LLC Austin Texas - Leander, TX
Helping Homeowners w/Home Loans in 27 US States
Thesa - What a great collaborative effort. Can't wait to hear more positive news, and how the Central Oregon organizations do.
Feb 07, 2008 02:03 PM