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First time buyers moving to Beaverton are finding it harder and harder to find low priced affordable homes

 

Looking aroundAs many first time home buyers, or people relocating to Beaverton, Oregon, are finding out, the inventory for good quality homes in the lower price ranges is small andin high competition. Now, you would think that would mean the prices would start to rise here, but that just isn’t happening yet. But, what is happening is the homes that are in good condition, at a good price, are getting many offers in one day.

If you are a first time home buyer about to enter the market or you are someone considering moving to Beaverton, Oregon, I’m sure you have been on the websites starting to look at the homes that you think you can afford and like many others you are starting to get discouraged. Don’t, at least not yet. There are many great homes coming on the market everyday, but the key is to be ready!

What does it take to be ready? First of all, you need to get pre-approved. This will help you find out what you are qualified to purchase and then you need to have your down payment ready, because once you start looking, you may find that dream home within a week or two.

This can be a scary time because it may feel like you just started looking and the next thing you know, you are calling a moving van to help you move in to your new home. This is normal, but if you aren’t prepared to buy, and don’t have everything ready, then this is when you start to get discouraged.

One of the things that happen in a buyers’ mind is that because they have heard it is a buyers market than they feel they can put in a low offer on everything they see. Most of the homes that first time home buyers,and people looking to relocate to Beaverton,Oregon, are looking at are at the lower end of the price range. There is still a lot of competition out there and if you lowball your offer, or aren’t ready with your down payment, you will lose to another offer, or worse, just be turned down by the seller.

Right now there is a great opportunity presenting itself in real estate, especially if you are a first time home buyer. One of the things the government is offering you right now, if you are a first time home buyer, is an $8,000 tax credit. This can help offset the down payment or closing costs for your new home. (You can read more about that on my other post dedicated to the $8,000 tax credit) But, if you are willing to live about 10 minutes from Beaverton,t here are some great homes available that don’t require a down paymentat all! The USDA is giving no money down loans on homes outside the urban growth boundaries to help these communities.

If you are in the market for a first home or are looking to relocate to Beaverton,Oregon, I would love to help you out in the home buying process. I help make the process as stress free and enjoyable as I can and I look forward to calling you neighbor and showing you why I call Beaverton home.

BELOW YOU WILL FIND ALL THE HOMES AND CONDOS
FOR SALE IN BEAVERTON, OREGON

 

Respect Realty LLC (Expect More)

 

At Respect Realty, LLC our agents believe in 100% dedication to client satisfaction.  We specialize in property and land acquisition around the Portland Metro and Vancouver, WA area. We delight in working with first time home buyers and sellers to guide them from start to finish. Our doors are always open and we are always happy to assist you with your real estate questions.

 

Reach out today, we look forward to talking with you!

 

Todd Clark and Seraina Aguayo (Owners of Respect Realty)

Respect Realty LLC (Expect More)

(503)564-3130

info@RespectRealtyNW.com

www.RespectRealtyNW.com

 

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Comment balloon 11 commentsRespect Realty LLC • June 10 2009 02:10AM

Comments

I love Beaverton. I traveled up there because my customer was Nike. Very nice area. We almost decided to relcoate up there.

Posted by Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR (RentVest) over 10 years ago

Todd - This is happening in our area too. It is a great time to buy a house, but you must be ready when the right home comes along.

Posted by Judy Jennings, Broker - The Lanterns at Warren Woods - Ashland MA (The Green Company) over 10 years ago

Todd, Sounds like some good news for some Beaverton sellers. I hope many buyers read your post and act accordingly.

Posted by Barb Szabo, CRS, E-pro Realtor, Cleveland Ohio Homes (RE/MAX Trinity Brecksville Ohio) over 10 years ago

Dear Todd,

I live in the Cape Coral, Florida area and this is also happening here. The investor's once again taking over the market and leaving the qualified homebuyer in the dust. I emphasize to my buyers to be prepared and diligent but some learn unfortunately by passing up on what they wanted.

Posted by Kathryn Lawson-Fritsch, Your Friend and Realtor for Life (Re/Max Realty Partners) over 10 years ago

Good words here.  The pre-approval is such an important piece now.  It really is.  Tear it up Todd.

Posted by Larry Bettag, Vice-President of National Production (Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001) over 10 years ago

Todd, for some odd reason all the affordable homes and great deals are getting snapped up all over the NW...

Posted by Paul S. Henderson, REALTOR®, CRS, Tacoma Washington Agent/Broker & Market Authority! (RE/MAX Northwest.) over 10 years ago

Todd

It's all about being ready. Pre-approval in hand, and ready to pull the trigger when the home comes up.

Posted by Tom Braatz Waukesha County Real Estate 262-377-1459, Waukesha County Realtor Real Estate agent. SOLD! (Coldwell Banker) over 10 years ago

We are finding the same thing here multiple offrs and some over full price on the lower priced homes.

Posted by Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re (Westbrook Realty Broker-Owner) over 10 years ago

Many buyers are surprised how difficult it can be to buy right now in the lower price ranges; I'm working to help them not be discouraged.

Posted by Christine Donovan, Broker/Attorney 714-319-9751 DRE01267479 - Costa M (Donovan Blatt Realty) over 10 years ago

We are finding the very same thing here in Northern Nevada!  All of our really really good deal are GONE!  I don't know if this is good or bad!  Time will tell!

Posted by Lisa Wetzel, CDPE, SFR carsonvalleyland.com (RE/MAX Realty Affiliates) over 10 years ago

I would like to say it has gotten better in the last two weeks with so many new homes go on the market, but we have just as many buyers looking. If you are a first time home buyer, you need to act quickly if you want to qualify for that first time home buyer tax credit.

Posted by Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate (Respect Realty LLC) about 10 years ago

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