Duke Hayes, Real Estate Pro in Vancouver, WA

What are your expectations for the real estate market in SW Washington state?

Asked by Duke Hayes, Vancouver, WA Sun Jan 20, 2008

OK, anyone want to wade in with your crystal ball readings? Here's your chance...

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Answers

3
Oops,

In my last line, I meant 'owners, sellers & buyers'.
0 votes Thank Flag Link Mon Jan 21, 2008
Hi Gloria,

My expectations are also high for our area. It's hard to believe that the average seling price has gone up over the last year. With the lower interest rates still available, I think you're right that there are a lot of good opportunites for buyers AND sellers. When they sell, they also are usually buying. If they're ready to make a change, the fact that they may be selling lower than expected is the same reason they will be able to buy lower for the same reason. When the prices go up again, it also affects both equally.

It also seems to me that the investors are coming out which tends to tell me that they are not sitting on the sidelines any more and are expecting the same. It would be great to hear from some of them as well.

How about some owners & sellers? What do you think?
0 votes Thank Flag Link Mon Jan 21, 2008
hehehe...hi duke....I was just thinking about dropping you a note......Im feeling an uptic, lower interest rates certainly help.....There is a little inventory to burn off....but in my opinion, the markets are a great equalizer. In any given market if you are a seller at lower prices than you expected, you have the opportunity to be a buyer at lower prices than expected too.....there is a real chance for some win win transactions out there.

what are your thoughts.....?? come on....share....
0 votes Thank Flag Link Sun Jan 20, 2008
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