Summertime home buying & selling

scarver5
23 hours ago
2 min read

The Mid-Willamette Valley shines in the summer months. Strategic preparation and local expertise are your keys to success, whether you’re buying, selling or investing.

For buyers

Get pre-approval | Pre-approval for financing makes your offer more attractive to sellers so you can act fast on desirable homes. Find a lender and learn your buying power.

Find a local agent | Before you begin your home search, select an agent who can provide insights into local trends and guide you through the complexities of the buying process in this specific region.

Keep an open mind | Summer is the season for buying and selling, and properties move quickly. Broaden your search and be flexible. Being open to different types of properties or slightly different locations can increase your options. And don’t overlook older listings, as they may have negotiation opportunities.

For sellers

Make your home sizzle | Boost curb appeal with fresh landscaping and a clean exterior. In the summer, highlight outdoor living spaces and mention cooling systems. Try to be as flexible as possible with your showing schedule, as it can increase the number of potential buyers who can see your home by being accommodating to buyers’ schedules.

Use your agent | A good, local real estate agent will know the specifics of your neighborhood. They’ll help identify your home’s strengths to make them shine. Consult with them for optimal pricing in your local market. While buyer demand can be high, overpricing can lead to your property lingering on the market.

For investors

Building wealth | Look for value in less “glamorous” properties and consider properties with potential in growing areas. Investors can find opportunities in properties that need some cosmetic updates but have strong underlying value and location. Explore short-term/mid-term rental potential from events and tourism; just be sure to do your research on local regulations and demand for vacation or temporary housing.

Location, location, location | Focus on areas within the Mid-Willamette Valley that are showing consistent economic growth, job creation and infrastructure development, as these factors will contribute to long-term appreciation and rental demand. Connect with local real estate agents, contractors and property managers who understand the specific investment landscape of the Mid-Willamette Valley. They can provide valuable insights into potential deals and market trends.