Heppner Gazette-Times, Heppner, Oregon Wednesday, August 20, 2008 - FIVE
—
cReal
Estate
By D AVID S Y K E S
REALTOR
DEPENDS ON THE MARKET
If you are about to sell one
home and buy another, it’s
essential that you be aware of
market conditions. In a slow
market, often called a buyer’s
market, there's usually a large
inventory o f properties for
sale (supply exceeds demand).
Homes take longer to sell and
price reductions are common.
In a fast market (seller's mar
ket), there never seems to be
enough properties for sale. The
pace of sales is brisk and new
listings always seems to be a
little higher.
If you are in a seller’s mar
ket in both your selling and
buying areas, it’s usually best
to find your new home before
you put your old one on the
market. In a buyer’s market,
it’s better to have your property
under contract for sale before
you contract to buy.
If you are moving to a new
locale, it’s possible that you’ll
be going from one type of mar
ket to the opposite. If a buyer’s
m arket is where you want
to buy and seller’s market is
where you want to sell, you’ve
hit the jackpot. We should all
be so lucky.
Property listings are available
at H’H’H’. sykesrealestate. net
188 W. Willow • P.O. Box 337 • Heppner, O R 97836
(541) 676-9228 • Cell (541) 980-6674
Fax (541)676-9211
E-mail: d a vid @ syk e sre ale sta te net
BEO FINANCIAL SERVICES
Russ Murfitt
* IRA’s
* Life Insurance
* Long Term Care
* Pension Rollovers
* Retirement Planning
* Long Term Financial Needs
Financial Advisor
Securities related products and services made available through
BEO Financial Services are offered by Royal Alliance Associates. Inc.,
an independent registered broker-dealer, m em ber FINRA. SIP( , not affiliated
with Bank of Eastern Oregon, its affiliates, divisions, or subsidiaries.
Advisory services offered through Pearson Financial (Group,
a registered investm ent adv isor.
•
•
•
•
•
Not a Deposit of Bank of E astern Oregon.
Not FD1C Insured.
Not Insured by any Federal (Government Agencv.
Not (Guaranteed by Bank of Eastern Oregon.
May (Go Down in Value.
Home O ffice: 279 N. M ain St., Heppner. O R 97*.V> * $4I-( i 76-9I27
e m a il: r m u r h t t a r o \ a la a .c o m
Fo r an appointment in your area, call Rank of F a .tr r n O rrgon.