With the spring market right around the corner, we're already seeing activity start to pick up across the North Oregon Coast.

Interest rates have stabilized around 6%, and buyers are beginning to re-enter the market. In fact, mortgage applications are up 11% compared to last month, which is a strong indicator that more people are preparing to purchase.

We're also seeing homes move into sale pending status more quickly. Right now, 19% of the homes currently pending in Clatsop County went under contract just this month in March.

What this means for buyers is simple: preparation matters.

If you're planning to buy this year, having everything lined up ahead of time can make a big difference when competition shows up. The buyers who are ready to move quickly are often the ones who secure the home they want.

Here are a few ways to prepare:
• Get pre-approved with a lender
• Understand your budget and payment range
• Work with a local agent who knows the market

Hope this helps!