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Real Estate Tips
Pricing >Market Trends

Last summer your neighbors put their house on the market and had so many buyers that they were on the winning side of a bidding war. Now you are trying to sell your home, and there's just no action.

The real estate marketplace is very unpredictable. Many factors come into play, the most important being interest rates and prevailing sales prices. In a strong seller's market, prices tend to escalate until they reach a certain point where buyers begin to just say no and listing inventories increase. When this happens, sellers who price their homes at the higher level of previous sales prices must re-think their pricing strategies. If they don't, their homes may not sell. Whether you are buying or selling a home, it is important to remember that the shift from a seller's to a buyer's market can occur very quickly. You can count on your agent for sound advice on what phase the market is in right now.

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Real Estate Trivia
Q 
What does "contingency" mean in real estate?

A 
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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The Tony and Libby Kelly Group Portland Premiere, REALTOR®, real estate agent and broker for Tigard, Beaverton and Portland, Oregon home listings, property and land for sale - NUMBER1EXPERT

The Tony and Libby Kelly Group
Keller Williams Realty, Portland Premiere
17700 SW Upper Boones Ferry Rd
Portland, OR 97224
Tel: 503-924-3520
Mobile: 503-753-7300
Email: Tony@TonyandLibby.com
Fax: 503-924-3590

Tony and Libby Kelly, MBA, M.Ed. are ranked in the top 1% of REALTORS in Portland Metro. and are Diamond-Platinum members of the Portland Metropolitan Association of REALTORS Million Dollar Club. They have been featured on HGTV's "House Hunters" (3 EPISODES) & "My House is Worth What?" (4 EPISODES). They specialize in providing a superior level of professional real estate services combining today's technology with yesterday's hands-on personalized care. As top producing listing and marketing specialists, they will get your home sold for top dollar and in a timely manner. Read what past clients have to say on the Testimonials Page on this site. “Client feedback is the best endorsement we can imagine. We are dedicated to making your home selling and buying experience as easy and hassle free as possible. Satisfied customers are the foundation of our success!” *Licensed in the State of Oregon

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Keller Williams Realty real estate and homes for sale in Tigard, Beaverton and Portland Oregon

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