by Rod Sager
The market is moving into full 'Spring Fever' mode. Buyers are out in force and well priced listings are gone in two days. This kind of frantic buyer behavior is tempered a bit by the tighter lending practices of today versus the wild and crazy mid 2000's.
It seems like the buyers are sensing a shift in the wind. They are not as hesitant as they were in 2010-2013 to jump into this market. Mortgage rates remain very low and prices are starting to move upward at a fairly quick pace.
Buyers looking for a less frantic experience may want to seek properties that are either a little over priced or not quite move-in ready. These properties tend to hang around a little longer and sellers will get "real" and come to terms at a good price.
My concern for my buyers is that they are in danger of being priced out of the market. Everyone wants that turn key property that doesn't need any work but the value is that light fixer or that clean but dated house. Perimeter areas like Yacolt, Amboy and La Center are now seeing activity as well. Areas further out often enjoy a spike in popularity as people get priced out of the market in close.
The market is heating up and the kettle is starting to boil...
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