Thursday, July 2, 2009

Florence Oregon Real Estate Sales Remain Slow

Florence Oregon real estate sales are so different from Eugene's sales and for that matter, real estate sales across the nation. I spoke with my "Boss" this morning. He lives in the valley, in Eugene. He said that sales there are good enough to receive multiple offers on some properties, those that are well-priced in great neighborhoods. Florence's sales aren't that way--yet--but they will be. Since Florence is surrounded by federally owned property--Siuslaw National Forest, home to THE spotted owl controversy and Bureau of Land Management property,--buildable land is limited. During the real estate boomlet of 2005, we indeed had multiple offers on homes in our most desirable areas. And when California real estate turns around, those Californians will once again make a bee line to Florence, Paradise on the Pacific. Right now, I have some buyers on their way from Montana. They are planning to make an offer on a home. They're over the Montana heat. They're amazed by both the prices and the selection Florence has to offer in residential real estate. So they've discovered Florence. No doubt others will, if not this year, then next. There's pent up demand and all my buyers who are unable to sell their homes because of the market will be on their way. I predict that 2011 will be Florence's next boomlet year. Bring it on!