Property Values In Portland And Vancouver Spring Into Action

Property Values In Portland And Vancouver Spring Into Action

As we say goodbye to the 1st Quarter of 2013, we are so fortunate to see the Northwest experiencing record amounts of sunshine AND the Real Estate market "Springing into Action" with record low interest rates, multiple offers, cash buyers, low inventory, and new construction on the rise. The Portland/Vancouver area has experienced over 20% increase in median sales price from the same time last year. So we give love to good Ol' "Mother Nature" which continues to give us beautiful sunshine but as far as the housing market, the facts remain that the economic indicators continue to reinforce that we have hit the bottom of the market and now is a good time to buy. 

As a buyers agent it would be the norm to know all about the neighborhoods in Vancouver, Wa. as well as best schools in Vancouver, Washington or what area has the best access to freeway, shopping, airport, brew pubs, starbucks, etc. Technology is becoming more and more effective in assisting a consumer with these findings- but once the perfect home is found the real BUYERS agents skills are now being put to the test.

This is where the rubber hits the road- THE OFFER. A good buyers agent has thoroughly interviewed the buyers and confirmed what price point they are comfortable with and spent time educating them with data on market as well as timelines in order to pounce on the transaction like a Ninja in the night. It is detrimental to be upstream to the approach and require the borrower to be FULLY approved with a local preferred lender which means if it is not a 100% cash buyer that a FULL Underwrite was completed and the only thing needed is an appraisal and a clean title.

This solid approval, also called the "Cash Certificate Incentive Offer" makes the sellers feel the offer is SOON, CERTAIN, and POSITIVE and greatly improves the success vs. the "other" offers that buyers WILL be competing with from another lender that may not have a local foot print of success as they could be one of the "internet banks" that has so many complaints they have VIP status at ripoff.com.

So before you grab that first agent to find your home make sure you know they have a "Strategic Plan" in place to make sure that not just will they find the ideal home- but they have the ability to make sure you CLOSE on the ideal home.     


Kim McLaughlin - Client Care Coordinator Headshot
Author:
Phone: 360-910-3586
Dated: May 13th 2013
Views: 1,581
About Kim McLaughlin: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Agent Bio Tara Friedt - Tara Friedt360-787-6229Free Home
Three Tips For Writing A Great Offer - 1- Make a Solid, Informed Offer:
The Key To Selling Your Home If You Have Pets - Selling your home while you have
Year Over Year Sales Increase And What It Means - The National Association of

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Front Door Realty
1815 D Street
Vancouver, WA
360-450-4486
360-989-3389

Other Locations