The market in Bend continues to show signs of stability, but it is mixed with an abundance of caution. It feels like both buyers and sellers are afraid of making a mistake, and both appear to have a different feeling of where the market currently stands. Buyers, as a whole, are expecting big price drops and concessions while at the same time, the cost to replace what a seller has is keeping many from adjusting their expectations.
AND according to one of my biggest lenders; don't expect any reduction in interest rate until MAYBE late in the year. How do you make your next move work? Buy and refinance later.
No comments:
Post a Comment