Market Update

Published: March 5, 2020

Hi Everyone, Pansy Kemp here, RE/MAX Integrity Corvallis.  Just thought I would give you guys a quick update today on the local market and, of course, what’s happening across the country today.  We had an unexpected and surprising reduction yesterday by the Federal Reserve, they have made the move to bring the mortgage rates down by half a percent.  Which is pretty significant and it’s the first time since I believe 2008 since we’ve seen a significant, unexpected, unplanned reduction.

So, what does that mean for you?  It means it’s a fantastic time to get in and see your Lender!  Maybe you just need to do a refinance of your mortgage, or, it’s time for you to make a move!  If you are a Buyer, it’s definitely the week to go and see your Lender.  If you are considering making a move and have not made a connection with a Real Estate Professional, please give me a ring.  I’ve got some amazing local lenders who can take fantastic care of you, we’ll tag team and hold your hand through your entire home purchase journey.

Selling Property

If you are potentially considering selling your property, and have been on the fence about that, also reach out to me.  We’ve got a real challenge here, we are definitely still in a low inventory phase in the Willamette Valley.  I have got a few clients who have been looking for several months and it gets frustrating, it’s hard, it’s emotional when you are actively trying to find a property and there just not out there.

Here for You

So, my message to you today is, touch base with me whether you are considering buying, whether you are considering selling  or just investing in real estate.  Do touch base with me and let’s get a conversation going.  Also, if you know anyone who you work with perhaps, maybe a neighbor, someone else that is potentially considering buying, selling or investing in real estate, it’s never too early to get together and have a discussion with a real estate professional.  Often times we’ve got a different perspective and can give you things that you may not have thought about for your personal projectory in real estate and your own individual and unique journey.

I am here to help you, I appreciate all of you and would love the opportunity to help you if I haven’t helped you before, for the first time and let’s touch base and get this thing happening!  It’s Spring, it’s time for exciting home purchasing or selling adventures.  Thank you again, I appreciate you all and I hope you get a chance to enjoy the beautiful sunshine.

Bye for now!

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