Congress enacted the Dodd-Frank Act in 2010 in response to the mortgage crisis that led to America's Great Recession. The two parts that apply closely to homebuyers are the Ability-to
School is Back in Session; is it too late to sell my house?
Short answer: NO! There is a myth that after school starts, the buyers go away and that you might as well wait to sell your house until the spring. However, here in Lane County, we do not have enough inventory for the number of buyers still looking. Inventory refers to the number of houses on the market. I personally have 10+ sets of buyers who would make an offer today if we could just find them a house that fits their needs. However, we are seeing houses stay on the market longer, as well as an increase in price reductions. What this does mean is that the buyers who are out there right now are being more selective regarding the houses they are purchasing. It's even more important right now to talk to a Realtor about the value of your home, and what needs to be done to get it listed and get it sold. You need an agent who will represent your home as if it's their own that is listed. There are a lot of realtors out there; make sure you pick one that will go the extra mile for you!
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I have heard this fairly regularly at listing appointments lately. The potential sellers usually have been referred to me by a current or former client. They've previously met with a
Short answer: NO! There is a myth that after school starts, the buyers go away and that you might as well wait to sell your house until the spring. However, here in Lane County, we do
With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however,