Homes Are Selling - What? No Way The Market Is Dead - Not in La Pine

By
Real Estate Agent with Fred Real Estate Group

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.

Click here for the list of homes that are Pending (in escrow) or Sold in the La Pine area.

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.

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Comments (13)

Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro
Thesa, it sounds lik a good time to buy a home in Central Oregon. 
Feb 03, 2008 05:22 AM
Jeff Belonger
Social Media - Infinity Home Mortgage Company, Inc - Cherry Hill, NJ
The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Thesa... as many of us know, it's not dead in many markets and we just need to keep writing about this.

jeff belonger
Feb 03, 2008 05:32 AM
Linda Scanlan
A Fan of AR - Burleson, TX

Thesa - I'm glad you're a voice stating that the market is not dead. More people need to get on the bandwagon. I'm happy that your market is doing so well.

Feb 03, 2008 05:53 AM
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital
Thesa, the market is  terrific here as well.  I'm getting some great deals for my buyers, and it's not like the sellers are getting beaten up in the process, either.  I think it's called "balanced".
Feb 03, 2008 10:17 AM
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate
Business is still good in Daytona Beach too! =D
Feb 03, 2008 01:22 PM
Mesa, Arizona Real Estate Mesa Arizona Realtor
Homes Arizona Real Estate LLC - Mesa, AZ
AzLadyInRed

Thesa, I continue to enjoy your positive posts. There's a saying: if you think you can or you think you can't, you're right!!

Pepper

Feb 03, 2008 02:22 PM
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Hi Thesa,

Sound like you've got a lot of activity going on.

Feb 03, 2008 03:28 PM
Lance Winslow
The Car Wash Guy - Malibu, CA
GREAT ATTITUDE, and you may just be creating your own wind with that excellent outlook, It is wonderful to see things doing so well there, that is terrific news. There are places in the country that are in the drink, but, not every area is like that, not areas like yours in fact. Lance
Feb 03, 2008 05:42 PM
Steve Scheer
Realty Oasis - Metro Brokers - Highlands Ranch, CO
Highlands Ranch Real Estate - Denver Real Estate
Thesa - This is so true for us as well, I was at an event with friends last night and almost everyone made a comment to me about how bad the market is.  I was quick to let them know that isn't quite true - that in fact I had already worked with several contracts this weekend.  
Feb 04, 2008 12:32 AM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro
Thesa--Glad to hear that your local market is doing well...Every market is different! There are buyers and sellers everywhere!
Feb 04, 2008 01:15 AM
Kaye Thomas
Real Estate West - Manhattan Beach, CA
e-PRO, Manhattan Beach CA
Thesa- Consumers don't understand that the subprime market is not every home in the country.. oregon has contnued to have apositive real estate market while others were in serious trouble.
Feb 04, 2008 06:00 AM
Thesa Chambers
Fred Real Estate Group - Bend, OR
Principal Broker - Licensed in Oregon

Marchel -  it is a great time to buy in Central Oregon - getting buyers off the fence is the challenge.

Jeff  - trying to get people to understand that there is financing available is our biggest issue - and there are great buys to be found.

Linda - it is a great market -

Patricia - there are a lot of great buys - and buyers are starting to realize they have great choices

Lisa - good  for you!  how is South Daytona Beach (wink)

Feb 04, 2008 03:44 PM
Thesa Chambers
Fred Real Estate Group - Bend, OR
Principal Broker - Licensed in Oregon

Teri - you got that right - buyers are starting to realize they can do it too

Lynda - it is starting to get better everyday

Lance - thanks every market is good for someone

Steve -  good for you  - I love it when people want to talk real estate -

Teri -  every market is different - I love your changing market attitude too

Kaye - no kidding educating them that there is financing has been the biggest issue.

 

Feb 04, 2008 03:55 PM