Submitted by Bruce Hecht

In the past 14 days, I have been working with a flurry of buyers and investors that are taking advantage of the great inventory on the market, the wonderful prices, lower interest rates and the fact that they do not have to be the first buyer to see a home.

May and June always seem to bring a lot of buyers and investors off of the fence.  They are moving their money out of possible poor investments and making the move before the season changes and maybe for  tax purposes.  They want to try to flush away the loss in stocks and try to start the season fresh with real estate in Portland, Oregon for 2007 and position themselves for a firm 2008, which is only 196 days away.

I was just out today looking at 4 homes for some out of town buyers/investors that need to identify 3 homes for their 1031 exchange.  My search found 9 homes and after calling the listing agents to check on their availability, I found out that 4 of the homes had sold in the past 24 hours. WOW!

I did find 3 very nice homes that will work perfect for these buyers.  The offer has been written and signed by my out of town clients and I will present the offer tonight.  Hopefully we will have good news.

The timing could not be better for buyers to purchase homes; whether you live in them or rent them out, all the pieces of the puzzle are fitting together nicely right now.  Good Luck!