Thursday, December 31, 2009

Now is the time to buy or sell in Florence, Oregon!

I often have people ask, "Shouldn't I wait till the market gets better to sell or buy?" My opinion is NO!

Many Sellers worry about "how much money they might loose" if they sell now, but what ever you think they are loosing, will be more than made up in the purchase of another property. That is as long as you act quickly and with the guidance of an expert Buyer's Broker in Florence Oregon.

I often see people take the last valuable time they have on this earth, fretting about what they may loose rather than focusing on what they will gain. Most losses will made up on their next dream home purchase with the aid of a sharp Broker.

Life is short and sometimes we forget that there is value in moving on and living live to the fullest!

Sunday, December 27, 2009

Florence Real Estate-2009 Year In Review

Here is the good,the bad and the ugly regarding the Florence Oregon real estate market as of today.

The good news is the number of Florence Oregon real estate residential sales remained the same as last year.

The bad news is that the market has seen an average residential sales price decrease of 14.7% for the last 12 months according to the latest RMLS Market Action Report.

The ugly, is the failure of many Florence real estate practioners to obtain realisitc price reductions in this overpriced market. As of this posting we have 403 residential properties for sale at an average asking price of $254,000. Last month's sales netted 22 sales at an average sale price of $200,000.

On a happier note, Florence real estate practioners will either get it right this year or get fired by atrition.

As we enter the new year, Florence Oregon will provide many excellent buying opportunities for those who seek the counsel of an experienced buyer's broker!

As always, feel free to consult with me anytime at FlorenceRE.com!

Monday, December 21, 2009

Florence Oregon Real Estate Opportunities Abound

...IF you are working with a knowledgeable agent that has a little initiative. Many Florence real estate Practitioners have grossly overpriced their listings and they have been on the market for so long, that the seller will do just about anything to get the job done, IF they are presented with hard statistical sold data in the form of a CMA or competitive market analysis. I have recently seen properties selling for $50-100k less than the original asking price when the Buyer's Broker takes the time to properly present the offer.

Right now there are 406 residential properties for sale with an average list price of $255,000 while the 26 homes that sold in the last 30 days, actually closed escrow at $207,000.

Contact Windermere/Florence Real Estate today for information on our Buyer's Broker services!

Wednesday, December 16, 2009

Florence OR Real Estate Sales Activity Holding

As of this post, we have 409 residential listing at an average asking price of $256,000 with an average market time of 351 DOM.

In the preceding 30 days we have had 29 sales at an average closed sale price of $204,000 which is 20.3% less than the average list price.

Nationally, most real estate practitioners are discouraged from taking a listing exceeding 10% of the market value because the old "list at any price" mentality actually causes financial harm to sellers in a declining market.

The good news is that there are many Florence Oregon sellers willing to sell at fair market value if their broker simply takes the time to share actual sales data with their client.

If you are looking for an excellent value, put our Buyer's Broker services to work for you today by contacting Jeff Crayne, Steve Earnshaw or myself at Windermere/Florence Real Estate!

Sunday, December 6, 2009

Florence Real Estate Market Update

As of this post we currently have 397 residential properties for sale in the Florence OR area with and average list price of $270,000 and average Days on Market (DOM) of 352.

In the 30 days preceding this post, there were 28 sales with an average actual sale price of $204,000.

The above numbers are pathetic reminders of how poor a job many real estate practitioners in Florence Oregon are doing when coming to pricing their listings.

There are fantastic bargains available in the Florence real estate market today, if you are working with a knowledgeable buyer's broker. Visit my web site or give me a call today at 541-997-5926 to tap in to my 29 years of local Florence real estate experience!