A recent article on Market Watch, a part of The Wall Street Journal Digital Network, gave several reasons why now is a great time to buy a home, and quoted Jay Papasan, vice president of publishing and executive editor, Keller Williams Realty. Papasan urged buyers and their agents to “ask for price reductions, improvements, closing costs – whatever – the seller, whose goal is to get a contract, is very likely to work with you.”  He added that “when the market starts improving, your negotiating power starts to diminish,” meaning that buyers need to move before inventory gets smaller and the market ticks up.  And existing home sales were up 6.5% in December of 2008. His book, Your First Home is a reliable resource for consumers for the “Five Reasons to Buy a Home This Year,” which include better affordability, large inventory, builder discounts, low mortgage rates and the current $7,500 federal tax credit for first-time home buyers. 

Staying on top of a fast-growing market is just one of the many reasons to use Keller Williams Southern Oregon as your real estate brokerage of choice!