Buyers should plan for patience in 2019!

With a significant shortage of inventory, our real estate market continues to be challenging for buyers. It is not uncommon for new listings to receive multiple offers! Often the offers are significantly over asking price; and we are seeing more and more cash offers which are hard to beat. Buyers should plan to be patient with themselves—and their Realtor! :) It may take writing a few offers before being successful in securing just the right home.

Winning the Multiple Offer Situation

Buyers… Right now if the house you’re excited about is new to market and rather appealing, you might likely find yourself in a multiple-offer situation. Unfortunately supply isn’t meeting demand. Here are a few tips to consider:
1. Disregard asking price and embrace what you would feel good about paying.
2. Look at properties under your top dollar so you don’t over-spend your budget.
3. Remember that your offer isn’t just about price.
4. Give us a call… We have an awesome track record for helping our clients come out on top!

Inventory Shortage!

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!

Two condos to choose from! $115k or $189.9k

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

Best RIVERFRONTAGE in Downtown Springfield!

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

The market holds steady!

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!