The sellers' market
in Lane County housing grew even stronger in March, as average home sale prices continued to climb, according to the latest report from the Regional Multiple Listing Service in Portland.
We've run out of superlatives to describe an incredible sellers' market
that continues to defy expectations,'' said Mike Davis, president of the local division.
Also, as usually happens, we anticipate that many buildings will procrastinate in having the inspections, with a rush at the end for inspections and repairs creating a sellers' market
with higher costs.
The numbers continue a trend in recent months away from the strong sellers' market
seen in the past three years, said Cory Neu of Cheryl Neu Real Estate in Marcola, president of the Eugene Association of Realtors.
A sellers' market
, driven by low interest rates and a short supply of low- to medium-priced housing, produced a surge in the transfer of existing properties, resulting in an unprecedented increase in the assessment roll,'' county Assessor Rick Auerbach said in the report.
Therefore, the unseen problems you might acquire, just to meet the demands of a sellers' market
, could saddle you with major repair costs not anticipated or budgeted at the time of your no-contingency offer.
The result is an unregulated sellers' market
for electricity, susceptible to naked manipulation.
The Japanese real estate market is still experiencing an unprecedented slump, marked by a continued acceleration of falling land prices in some core cities and a sellers' market
that is generally soft and inactive, according to a year-end analysis by real estate investment company Kennedy-Wilson International (Nasdaq: KWIC), which has a major Japanese division.