New figures for real estate throughout our region confirm a sustained strong Oregon real estate market.
While real estate can seem complicated, there is a logical progression helpful to selling an Oregon home and it’s truly as simple as 1-2-3. The process between buyers and sellers is routinely described as a kind of dance, so let the waltzing begin. Fundamentals There are plenty of related tasks associated with any real estate […]
Perhaps even more surprising than a meager 1.6 months of housing backlog is our region’s five straight month trend of lowering home supply.
Oregon homebuyers avoid traditional lenders for many reasons and one mechanism they frequently turn to is known as seller financing.
1.9…1.8…1.7… Curious about those numbers? The ‘What’Those are greater Portland’s dwindling home supply figures over the past three months. Our area would now ‘run out of homes’ in a miniscule 1.7 months. Homesellers may describe this phenomenon as the ‘countdown to ecstasy.’ That’s because a shortage of homes boosts demand for what they’re selling. As […]
Fresh figures on our real estate market were recently released by the Regional Multiple Listing Service, RMLS. Thanks in part to our continued low inventory of homes for sale, our housing market remains strong, with price increases the rule, not the exception. At our current rate of home sales, our market would now run out […]
In this world nothing can be said to be certain, except death and taxes – Benjamin Franklin Benjamin Franklin sure seems correct about the two items noted in his well-known quote above. However, something else in this world is just about as certain and it involves a ‘secret weapon’ for homeselling success. But while this sure-fire ‘secret […]
New figures from the Regional Multiple Listing Service known as RMLS reveal an increase in home inventory throughout the Willamette Valley. Even though the housing supply has increased lately, year-to-date home prices have also risen in our region’s major markets of Portland and Salem.Portland Area Real Estate Greater Portland home inventory bumped up by almost half. […]
Predictions well into the future are difficult to make with accuracy. Consider your local weather forecast. Even given advanced technology like satellite imagery, plus wind, barometric and temperature data, weather forecasters can get it wrong…and that’s for predictions merely a week or two away! Predicting Real Estate TrendsNow imagine the difficulty in predicting real estate […]
A very telling article was recently released in a national real estate journal. In just two images, it explains why the vast majority of homesellers work with a Realtor.
Moving toward Autumn and the new school year, it’s reasonable to expect a somewhat slower pace for Oregon home sales. That’s because many, though certainly not all, 2014 homebuyers have purchased by now. Due to considerations like weather and school, a sizable number of Oregon homebuyers target September as a good date to have completed […]