Wednesday, November 21, 2012

Time to sell/buy your home

It’s no secret that after 2007, there were a handful of years where the real estate market suffered. The aftereffects of a horrible mortgage crisis made it seem like there wasn’t any relief in sight. Today, however, things have changed. These changes have only been improvement! Sales are up, inventory is down and homes that are on the market aren’t taking long to be sold. This makes the buyers and the sellers happy.
For buyers:
 Interest rates are at a historical low as they have been for a while and are expected to last at least another year. Banks finally have money again and are willing to lend it.
People with no mortgage and some equity want to get their money and put it elsewhere; they don’t want to take chances and would rather sell their property to be on the safe side
For sellers:
                There are many first time buyers looking to purchase homes and lock in super low interest rates on 30 year fixed mortgages. Not only that, veteran homebuyers are wanting to take advantage of the same low rates and upgrade, or downsize.
Increased home value equals higher prices and higher prices mean better returns on the sale of your home. Appraisers are finally coming around again after years of being extremely cautious when determining home values.

These are a couple, simplified reasons why now is a great time to put your home on the market. People are buying! The season is slow, and there aren’t enough properties for sale. Please feel free to contact us at Team Birtola Garmyn High Desert Realty in Bend, Oregon to hear more reasons why you should get in while the market is hot. We look forward to hearing from you!

What is YOUR home worth?
Find out what your home is worth and what sold on your street right now.

Find out what sold in the neighborhoods you are interested buying in.

Market snapshot guarantees the most up-to-the-minute neighborhood property information, detailing MLS active, sold inventory, and days on the market counts.

Ruben Garmyn & Jim Birtola
Team Birtola - Garmyn, Oregon's #1 Real Estate Team
Prudential High Desert Realty
Bend, OR 

Office: 541-312-9449

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