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Real Estate Blog
Viewing category: Market Conditions
Tuesday, 18 November 2008
State of the Market
As you well know the State of the Market is in a state of flux. Certainly there have been worst times for those trying to sell, but it is an opportunity for those looking to buy. And what an opportunity it is. Interest rates are very low, there is the $8,000 tax credit, and prices lower than they have been in years!
One of the dynamics I am personally encountering is that sellers are thinking that the market is going to get better and the buyers think that the market is going to get worst.
It’s a stand off in some cases of who can outlast the other.
Sellers and or b... Read more
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The Perfect Townhome
Hood River Condo/Townhouse - $ 309,000
3 Bedrooms
2.10
Bathrooms
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1667 Sq Ft
.06 acres
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Saturday, 17 October 2009
As the Real Estate World Turns
A couple of years ago it seemed that there was no price ceiling in our market and today we are asking is this the bottom? Is there a bottom?
Here are some of my thoughts on the current market.
Our inventory is starting go down and with sales up a little we can see the beginning of a more balanced market taking shape.
When Buyer’s and Seller’s are on equal footing prices will stablize. When will this happen? Well it is happening right now in some neighborhoods and price ranges. Especially in the $200,000 to $250,000 range.
The higher end $400,00... Read more
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Monday, 21 June 2010
What Determines the Value of a Home
As a Real Estate professional I get asked this question daily. I have my ideas and opinions and quite frankly they change as the "market" changes. But the one constant for me has been this: Any given property is worth what someone is willing to pay.
If you are trying to sell a property in today’s market put yourself in the shoes of a buyer. Ask yourself this question:
Would I pay what I’m asking?
Today’s buyer studies the market to determine for themselves what a certain property in a certain neighborhood is worth.
... Read more
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Best Buy on Hood River Townhome!
Hood River Condo/Townhouse - $ 249,000
3 Bedrooms
2.10
Bathrooms
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1624 Sq Ft
.06 acres
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Tuesday, 22 June 2010
2010 a refreshing change
So this is my blog. A humble start to what I hope will be a place for some good, informative real estate discussions. Please feel free to leave a comment, be it questions, corrections, suggestions or crystal ball readings!
Thanks so much for checking it out.
2010 is turning out to be so much better than 2009, not that things are back to where we were in 2006 but at least people are buying again.
The tax credit really helped get the year off to a good start and since the tax credit expired, we have seen a bit of a slow down.
But interest rates are still low and ... Read more
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Cascade Locks Single Family Home - $ 142,000
3 Bedrooms
1 Bathroom
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1337 Sq Ft
.45 acres
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Thursday, 12 August 2010
Market Update August 2010
With the summer moving on, we are moving into the busier season for Real Estate. Visitors that are considering buying are now winding down their vacations and focusing more on Real Estate. This is why we have seen more showings and offers in the past two weeks than in all of July. This has been a typical pattern for many years now.
Sellers are lowering prices in an effort attract those buyers and get an offer. With interest rates so lows and seller motivation high we are seeing a nice third quarter rally.
There is still a lot of inventory which will continue to keep prices do... Read more
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Hood River Single Family Home - $ 278,000
3 Bedrooms
2 Bathrooms
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1338 Sq Ft
.14 acres
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