Todd Overturf is a Realtor Associate with Bowman Real Estate in Cypress, California. Bowman Real Estate was founded in 1974 by Walter Bowman. Bowman Real Estate is a dedicated supporter of Cypress and surrounding communities. Bowman Real Estate is truly one of the first teams in Cypress selling real estate.
The inventory of homes right now is on the low side but there are plenty of nice homes out there. Many of the best deals are being gobbled up by cash buyers so if you are a new home buyer things are a little tough. I have successfully placed families in homes in this market and have a strategy to get you a home. Call now so we can get started!
If you have been searching for a home in Cypress for the past few months you will notice that yes indeed the prices are going up. It is certainly a good time to sell! Are we in the middle of a new real estate bubble? Perhaps. In a search online, you will find that many real estate experts believe the bubble is caused by competition between investors buying properties in hopes of selling those homes to "real" buyers like first time home owners, vets, etc. Its a complicated issue for sure and ties into interest rates, unemployment, banks lending criteria, wall street, and global economic issues. It is my opinion that the increase in home prices right now is a "resurgent housing bubble" that will not last. If you a seller, this is the time to make your move!