Heard the market is slow, no one is buying and that we are all doomed? I have good news and the proof to show you that 37 home sellers in La Pine Oregon are felling a lot different right now. It is a buyer's market and buyers are certainly in the driver's seat, but they are buying.
January is over, although there may be a few listings still showing pending that have actually closed escrow a quick search of the Central Oregon Association of Realtors MLS shows that there are 37 homes that either have an offer on them or have closed escrow.
Prices vary and so do the style of homes, most of the sold properties did sell for less than listed for and many of these homes had multiple price reductions before finding a buyer... but they did find the buyer and the buyer did buy.
Are you going to sit on the fence and wait until prices are lower? What if they go up this spring? What if the loan you qualify for now is no longer available or rates go back up? Are you ready to have to wait for the next buyer's market or should you investigate if now is the right time for you?
First time home buyers have some great financing options. Oregon Veterans you have some wonderful options out there. Talk to your mortgage professional about these options or if you don't have someone you trust, call me I will provide you a list of mortgage professionals that know the market, the area and have a lot of different loan products to find the one that suits your needs.