Buying in Today's Market

Hi everyone! Thank you for stopping by my website. Today I want to talk about buying Real Estate. Real Estate today needs to be purchased differently than it has been in the last few years. Only a few years ago agents had a flood of buyers and a shortage of property. Lending institutions were more generous than ever and rates were down. With the combination of the above mentioned elements, our property values soared.  Real Estate agents  were successful with little effort and properties were on the market fewer days and your cash was in the bank within a short amount of time to be exchanged or reinvested.

Today the market has turned 180 degrees and the strategies agents used yesterday are not working in today’s market. This is where I would like to offer my thoughts and opinions to best represent you the buyer.

For the buyer I have great news… This is your market! You will be the reason the economy will come back and start its upward cycle. There is an abundance of property available at a decade ago or more values. We have a distressed market that has lasted too long and people are having to make moves  that they didn’t think they would have make. Banks, Businesses, Investors, home owners and  Speculator’s all need to reposition themselves in the market or get out from under their liabilities. Their liabilities now can become your assets. We used to see CAP rates go as low as 3.5% because they had the  appreciation in the real estate to shorten the length of return. Today income property CAP rates can go to over10%  and I feel they need to be at least 8% CAP as a minimum because of the lack of appreciation. We are now seeing the prices get to this point. Commercial, Residential, Vacation Home, Ranches, Farms, and Horse properties all have dropped to 12 year lows. River Front and lake property for hunting and recreational use have been  dropped by more lucrative owners because  they want to reposition themselves in the new market. It makes sense for them to do this so that their real estate money will start working for them again. Now is the time to take advantage of this market and allow the new generation of Real Estate appreciation happen for you.

Please contact me for the latest price reductions and available properties so that I may assist you in finding the best deal out there. I have many great listings and I am also a very aggressive agent that will be able to locate the desired Real Estate investment no matter where you are looking at in the state of Oregon. I am a property hunter and whether it is listed or not I will find it.

Thanks again for stopping by and listening to my thoughts and opinions.

HAVE A GREAT DAY!