Dear Buyers,

I try to keep buyers that I am working with up to date with the ever so changing market. Lately, I feel the market has been changing weekly. The lack of listings in most areas and the increase of buyers have really made it a challenging market. I know its hard to believe, but buyers are experiencing a competitive market, limited inventory and still some challenges with financing. Even though the REO/foreclosure market is staying strong, buyers are unable to purchase most REO homes with conventional or FHA financing and minimal amount down. If you are a serious buyer in today's market, I would encourage you to not only to actively look at homes but when you find the right home, act quickly. Multiple offers are becoming not unusual in today's market. In a multiple offer situation you are now competing with other buyers and loose negotiating power. The spring market is just around the corner, with the lack of inventory we are forecasting prices increases and even more buyers.  As I have continued to say "Beat the curve be in control". Let me know what I can do to help you with your search. Call or email me any time with question or homes you would like to look at.

Thanks,

Bob Arnold