Bend Oregon Real Estate
After being the national
darling during the boom years of real estate, Bend, Oregon has finally become a
Buyers Market which is providing Buyers with some incredible deals right now. How
long this trend will last is anyone's guess.
Is Bend still a good place
to buy a real estate investment in?
Should I wait to buy a home?
Should I wait to buy a home?
To answer the first
question, I'm reminded of why people bought homes here in the first place. Regarding
whether one should wait to buy a home, I would say it depends on your
circumstances. If your purpose in buying a home is to make a 25% appreciation each
year then you'd better not buy a home today. Traditionally real estate has been
an investment in yourself and your family which provides stability, pride of
ownership, a tax shelter, long term investment, and some peace of mind. So I'll
ask again, is it a good time to invest in Bend Oregon Real Estate or should you
wait? If you are looking to buy a new home it's worth knowing that the profit
margin in construction is running pretty thin for builders, and prices aren't
likely to adjust much more especially with new homes under the $300,000 price
range. When it comes to resale homes, prices still may adjust downward a bit
more. However, keep in mind that if you hire a good realtor to negotiate on the
home you're eying today, chances are your realtor will be able to negotiate a
lower price which will act as a buffer should prices go any lower. Sellers are
in a negotiating mood today but the minute they get wind of an upturn in the
Bend and Central Oregon real estate market, they will resist negotiating on
their price. Tarris Rogers - A 38 year old Native Oregonian and 12 year real
estate broker in Bend Oregon.
Website: Bend Oregon RealEstate
Email:
info@mrrogersrealestate.com
By: Tarris Rogers
Article Source: EzineArticles.com
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