Many sellers wish to sell before the end of the year and are willing to negotiate more. More properties are entering the marketplace and prices are still very, very low. Interest rates are holding right around 4% which means lower payments allowing buyers to qualify for a higher priced home than anticipated.
Closing an escrow involving a loan process usually takes from 45 to 60 days which would allow most buyers to be in before the holidays.
I’ve seen some fantastic sales this past year on properties located in Susanville and the Honey Lake Valley.
Remember, it’s still a buyer’s market and home prices have really come down. It’s a great time to shop around and see what’s out there. Who knows when the interest rates will start climbing!!!