All the houses I looked at for my clients back in June have all been sold. They were are all banked owned properties and all located within two blocks of each other. There are only two properties on the market in this particular area of Murrieta. Neither were there at the time of my sell. My advise is still the same if you find the property you like and can afford it buy it because it will not last. Something else to keep in mind is that it is more important then ever to have a buyers agent who knows how to get the job done.
Now I know what they meant by it. There are so many choices in the market place that its hard to pick the right one. This process is helped by the fact that banks are receiving multiple offers but it is still a struggle for some folks to choose. Of course I'm talking about the current real estate market here in Southern California. I have clients who are finding three and four properties that they could easily live with. Patients on my part is paying off. By not rushing people to make a decision when they are not ready I will continue to have a happy clientele base. It can be very over whelming to choose a house in today's market. You can see for yourself www.soldbybarr.com
Temecula is experiencing a high volume of sales due to "Bank owned" property's. Homes that sold for 600k plus are now selling in the 300k range. As a buyers agent, this is very exciting for me and my clients. Although, I must add this caveat; we are seeing multiple offers on almost every transaction. In fact, one property that was priced way below market value, had 25 offers on it including 3 cash offers. Bless the listing agents heart, she said she was going to summit all offers. (Maybe thats why she is so successful.) Anyway, this is the time to buy in Temecula Ca. If you don't believe it, call me at 909-261-2497 and I'll show you what I'm talking about.
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