Yesterday I wrote a post about homes in La Pine for first time home buyers. A couple of locals chimed in, this made me realize that some people are not aware that homes truly are still selling in La Pine. Because we were discussing first time home buyers I have pulled the information for homes under $200,000 and between $200,001 and $250,000. The links below will take you to a CMA for each Category, as you can see, homes are selling. Yes the days on market is longer and yes there have been price reductions, but sales prices are still higher than they were a year ago.
There are a lot of homes to choose from that a year ago would have not been on the market. Today I was speaking to Rick Grand, a mortgage professional in Eugene and he informed me that there are a couple of great programs available to first time home buyers and for those that maybe have owned in the past. Rick has one program that is 100% financing that is one loan – not a first and a second with great rates, and no mortgage insurance. That is huge when it comes to 100% financing. Programs change everyday, before these programs are gone you might want to consider now as the time to buy that home you have been dreaming of.
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I read those posts too Thesa. Sometimes people give more credibility to national news that to local experts. This is good information!
I think it is so neat that you had locals chime in!
You can not cause panic by telling people that houses are actually selling…News Montra
Funny how we are in a bad market now…when buyers can actualy buy, but we’re in a good market when they can’t buy…so who is it really bad for?
Joanne – I must be a Real Estate Junkie – I can not get enough of it.
Monika – it was pretty cool – I did not know they were reading – glad to see them -
Bob – I know it is kind of crazy – you give them good news and they have heard so much doom and gloom that they can not believe it. Maybe I should start some really great Real Estate rumors
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