We continue to see multiple offers on appropriately-priced properties. Often, the winning offer is all cash, and/or the contingencies are reduced. Buyers ask us, HOW MUCH over asking price should one offer to be the winning bid? Unfortunately, there is no one-fits-all answer or formula. What we can tell you is, it’s probably going to hurt. What is that crazy-high number you have in mind? Yes, somewhere OVER that number!
This season no one has had more listings or sold more property on College Hill than we have. We still have two fine homes for sale, both in premier locations atop the hill with dynamite views. Their asking prices are $489,000 and $649,000. Or are you considering selling this year? Give us a call! 541-520-2246
This is going to be a very interesting year for real estate sales in our area. It is a great time to buy with mortgage rates so low; and indeed the buyers are lining up and ready! What we’re currently missing is enough “inventory” or homes for sale, to meet the demand. Prices are starting to tick up. In some ways this is not all bad. Look at how the Portland market has exploded, however… locals are being priced out of the market. Not good.
2016 will be an excellent year for most sellers. If you are considering selling, give us a call!
We have two very different, 2-bedroom condos currently listed:
• 418 Stonewood is in South Hills. 2 beds, 2 full baths, updated with new paint and carpet—move-in ready! $115,000
• 1313 Lincoln #1001 is a 10th floor unit downtown, fully remodeled. Live downtown in style! $189,900
Call Agata for a private showing: 541-968-7314
We are so excited about our new location at 1690 Pearl Street in Eugene. Swing by and say hello!
Itching for something truly special? You won’t believe how cool this place is. Own right down to the riverfront—totally private—in Downtown Springfield.
1 or 2 bedrooms, 1 bath, 1400+sf — $369,000
Dangle your toes in the river! Call Susan for a private showing: 541-520-2246
Downtown 1-level living, at its finest! Call Susan: 541-520-2246
2 beds, 2 baths, 1433sf. One level living with lovely views from every room. $599,000
It has gotten so proper staging of homes for sale is almost crucial for a speedy sale, and top dollar. Staging might mean working with your own furnishings, or it might mean renting furnishings for a vacant house. In any case, well-staged homes often net 5% or more and sell quicker. The photos online are more appealing, for sure!
Many are asking… “What is the state of our current local market?” Although I am seeing the average and median prices up-tick slightly, and properties selling at a healthy rate, the market is not crazy-good. It is simply much stronger and consistent than in recent years. If you are selling, and you price right and stage well, you should sell well. If you are buying, be prepared to pay near asking prices for homes well-priced!