Yesterday I wrote about the market for first time home buyers in La Pine and Three Rivers South, Oregon. I was a little surprised to have a few locals chime in and basically disagree with me about the current market.
The numbers do not lie - La Pine and Three Rivers South are showing signs of a down market - which I did not dispute, but what I did find is that neither are in a "declining" market.
A declining market is when the sales prices fall below previous sales. La Pine and Three Rivers South are showing a slow market but not a declining market.
The proof is in the numbers - check out these CMA's and you will see - we are doing a lot better than a lot of markets across the country.
La Pine Homes From $200,001 to $250,000
Amerititle Report of Third Quarter of 2007
You can still have your new home before the winter holidays - with the inventory to choose from and the snow starting to fall now is the perfect time to get packing and into your new home.
Thesa Chambers • Broker • RE/MAX Sunset Realty
541-771-7064 Cell • 541-536-0117 Office • 888-868-2050 Toll Free
Mailing Address • PO Box 3510, La Pine, OR 97739
Thesa - I agree with Mana, the Media loves the doom and gloom. Plus they speak about national real estate, and many times it has nothing to do with the local real estate market.
Candy - The media does thrive on the negative - however have you ever notice the posts with a ton of comments on AR are usually negative - it is human nature - cracks me up
If I have one more person ask me "What are you doing now that the real estate market has basically tanked.." I will scream.