Hi everyone. Although prices have continued to trickle down this year there are some bright spots in our market. The sales in our region have continued to rise the last several months as I had mentioned in a previous post. This trend was finally published by the media within the last month or so as they got wind of this trend (I saw this trend building way back at the end of last year when I noticed much more competition against my clients' offers). Mostly, turnkey homes or homes that require only cosmetic repairs are going fast and receiving many multiple offers (assuming they are priced well). Investors have been swallowing up many of the major fixers or properties that will not qualify for FHA financing as well. There are lots of cash offers with quick closes which has made it tough for buyers with little money down as sellers are favoring offers will quicker closes and higher deposits rather than just looking at net price.

Attention first time buyers! I have access to many great programs for you. Some are school district grants, lender gifts, builder programs, city grants / gifts, deferred loans, and incentive subsidies. You generally qualify as a first time home buyer if you have not owned a home for the last three years. If you are interested or know someone who is interested in buying a home, give me a call and I will be glad to tell you about these exciting programs and all the details about them. Thank you!