Signs of spring in the housing market, but you'd never know it from the weater. Yikes...yesterday was bitter cold! Where is that April 60 degree weather? Snowboarding weather?
Pending sales continue, but again no sense of urgency on the buyer side. That being said, the good ones go really, really fast. Everyone is looking for that needle-in-a-hay-stack dream home...can't blame them because there's never been a more opportune time! Many of the ugly ducklings come on and stay on ... reducing their price until they finally sell. There is a huge surplus of ugly ducklings. In fact, enough to fill an island; ' The Island of misfit houses'. Shades of Rudolph the Red Nose Reindeer with the chorus bouncing along in the background.
Anyway, I digress. You truly have only about 2-3 days before the really good ones receive multiple offers and poof, just like that, they are gone. Sold to the highest bidder with the most cash in his pocket. Yes, the bank is looking for a very well qualified buyer with a large sum to put down, thereby securing their financing and the eventual sale. You see, when there are multiple offers, banks don't pick the most diserving :) My wife entertains me with these notions, all too often. We drive by and view many homes...that's the fun part! When we come across a million dollar dream home, she always comments, "Oh, see that's just not fair. I am a good person. I deserve to have that!" While the latter part is true, the banks don't really care! But, she does deserve that, just not yet :)
Friday Foreclosure Flyer for Pierce County, WA including Tacoma, Gig Harbor, Puyallup, bank owned homes 4.9
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