Central Oregon Real Estate

Thanks again for stopping by and visiting my site. Today I would like to offer my opinion on the Central Oregon Real Estate market.

We are seeing lots of activity in sales in September and October. The primary residential market has had the most sales in the last few months with the first time buyers being able to take advantage of the $8,000.00 tax refund that is available. We are also seeing activity  in the Central Oregon commercial and income investment properties as well, but still not as much demand. We have seen a few farm and ranch properties sell and also recreational and vacation properties.

We have to ask the question “WHY” .  Here is my opinion… Short-sales, bank owned, and homeowners realizing that they need to price their real estate in a way that will sell today. Although it has taken awhile for everyone to look past how much equity they are loosing or lost and realize that the sooner they get out from under the position they hold the sooner they will be on the road to recovery. People have needed to realize that yes they will loose money in their investment and come to grips with it.  They are there now….The upside is this. Even if you walk away with little or no equity in your last investment you now have the opportunity to invest in a Market that is at or almost at the bottom. Buying in today’s market will put you in a position to start seeing your real estate investment grow once again.

This is very exciting for buyers as they have been holding onto the real estate dollars waiting for the market to hit bottom and level out. Those of you that have done this should start looking for your next investment. Your patience has and will pay off. We are seeing commercial cap rates going as high as 8% and higher. We have Central Oregon income property that is for sale with over 9% cap rates. We have seen residences in Central Oregon selling as low as $70,000.00. Central Oregon farm, ranch, and recreational properties are for sale at 40%-60% less then then invested value of the owners. This is the time to move on your next investment and take advantage of this market.

If you love Central Oregon and the lifestyle it has to offer. If you have a passion for the area and want to see it start growing again, and if you want to take advantage of the excellent buys that are happening as you read this, allow me to help you in your search. I am a very aggressive buyers agent and a very realistic sellers agent.  My goal is to get you re-invested in today’s down market so that your real estate investments will start working for you again.

Thanks for your time and let me know if there is anything I can do for you.