Certified Realty

Oregon's Choice Since 1950

  • Home
  • Buying/Selling
    • For Buyers
    • For Sellers
    • My Home’s Value
    • Double MLS
  • About
    • Meet The Owners
    • The Certified Story
    • Testimonial
  • Articles
  • Contact

5 Reasons For Sunny Oregon Real Estate Skies

April 6, 2016 By Roy Widing

Oregon Real Estate, Oregon Homes, Oregon Homeseller, Oregon Homeselling, Oregon Properties, Oregon Realty, Oregon Housing, Willamette Valley, Willamette Valley Oregon,  Oregon, Realty, Home Seller

Now that Spring Break, Winter weather and ‘tax time’ are largely behind us, the forecast for Oregon real estate is sunny, indeed. Here are five key reasons for an optimistic 2016 Oregon real estate forecast, which are explained further below:

1. Interest Rates Remain Very Low
2. Housing Inventory Is Very Low 
3. Better Weather
4. The ‘School Change Shuffle’
5. Oregon Remains America’s Top-Rated ‘Inbound’ Destination

  1. Interest Rates Remain Very Low
    Oregon Real Estate, Oregon, Oregon Housing, Oregon Homes, Oregon Properties, Portland Real Estate, Salem Real Estate, Willamette Valley, Willamette Valley Real Estate, Willamette Valley Homes, Willamette Valley Properties, Willamette Valley PropertyGiven continued historic low interest rates, homebuyers can simply purchase ‘more house’ at less cost. Given such a cheaper source of money, this opens up a greater number of homes to prospective homebuyers.

    2. Housing Inventory Is Very Low
    Oregon Real Estate, Oregon, Oregon Housing, Oregon Homes, Oregon Properties, Portland Real Estate, Salem Real Estate, Willamette Valley, Willamette Valley Real Estate, Willamette Valley Homes, Willamette Valley Properties, Willamette Valley Property

Compared to most home inventory ‘yardsticks,’ our current regional home supply is low. As a result, this fuels a faster ‘turnover’ of properties, as more buyers chase fewer homes. And as evidenced by our shorter than usual market times, this trend continues.

The roughly 2.4 million population of greater Portland currently has a 1.8 month ‘backlog’ of houses for sale. This is far below the usual 3 to 6 month inventory of homes. Greater Salem, with an estimated 400,000 population, currently has a 3.8 month home supply. Compared to historical trends, this is lower than usual.

3. Better Weather
Oregon Real Estate, Oregon, Oregon Housing, Oregon Homes, Oregon Properties, Portland Real Estate, Salem Real Estate, Willamette Valley, Willamette Valley Real Estate, Willamette Valley Homes, Willamette Valley Properties, Willamette Valley PropertyWhile Oregon is well known for rain, we do have warm weather…and the time for that typically begins about now. Selling during good weather is more fun for buyers and sellers. Buyers are more in the mood, have more daylight and better weather. Sellers understand that homes frequently look better with flowers in bloom and lawns neatly trimmed.

Oregon Real Estate, Oregon, Oregon Housing, Oregon Homes, Oregon Properties, Portland Real Estate, Salem Real Estate, Willamette Valley, Willamette Valley Real Estate, Willamette Valley Homes, Willamette Valley Properties, Willamette Valley Property4. The ‘School Change’ Shuffle
As homeowners change jobs, relocate and seek the best opportunities for their kids, expect buyers to ‘time’ their move in order to be in their next house before school starts, usually in September. This frequently means an existing home must be sold and a new one purchased in the coming five months.

Oregon Real Estate, Oregon, Oregon Housing, Oregon Homes, Oregon Properties, Portland Real Estate, Salem Real Estate, Willamette Valley, Willamette Valley Real Estate, Willamette Valley Homes, Willamette Valley Properties, Willamette Valley Property

5. Oregon Remains America’s Top-Rated Inbound Destination
Oregon is the most popular moving destination of 2015 with 69 percent of moves to and from the state being inbound. Oregon has continued to climb the ranks, increasing inbound migration by 10 percent over the past six years.

Oregon Real Estate, Oregon Properties, Oregon Homes, Oregon Homeseller, Oregon Homeselling

Selling Your Oregon Property This Year?
Selling during a ‘seller’s market’ is considered the  ideal situation to maximize your home’s value. For a free consultation on your property’s current value, contact Oregon’s homeselling specialists at Certified Realty using the convenient contact form below. Certified Realty is Oregon’s choice since 1950!

Filed Under: 2016 Oregon Real Estate, Oregon Economy, Oregon Home Supply, Oregon Homes For Sale, Oregon Homeseller, Oregon Homeselling, Oregon Housing, Oregon Housing Data, Oregon Housing Inventory, Oregon Properties, Oregon Property Appreciation, Oregon Propeties, Oregon Real Estate, Oregon Real Estate Market, Oregon Real Estate Market Data, PDX Home, PDX Homes, Portland Home, Portland Homes, Portland Property, Portland Real Estate, Real Estate, Selling Oregon Real Estate, Selling Your Oregon Home, Willamette Valley, Willamette Valley Homes, Willamette Valley Oregon, Willamette Valley Properties, Willamette Valley Property, Willamette Valley Real Estate, Willamette Valley Real Estate Market, Willamette Valley Realty Tagged With: How To Sell Your Oregon Home, Oregon Homeseller, Oregon Homeselling, Oregon Housing Forecast, Oregon Housing Inventory, Oregon Real Estate, Oregon Real Estate Inventory, Oregon Real Estate Predictions, Oregon Real Estate Supply, Portland Home Inventory, Portland Real Estate, Portland Real Estate Inventory, Salem Home Inventory, Salem Oregon Realty, Salem Real Estate Inventory, Sell My Oregon Home, Selling Oregon Home, Willamette Valley, Willamette Valley Homes, Willamette Valley Property, Willamette Valley Real Estate Inventory

  • Facebook
  • Google+
  • RSS
  • Twitter
  • YouTube
« Oregon Housing: Holding Steady
Real Estate Secret Revealed »
Certified Realty Company

(503) 682-1083

info@CertifiedRealty.com

Recent Articles

  • How House Color Affects Your Selling Price
  • The Power of Oregon Seller Financing
  • Win Using These 5 Real Estate Negotiation Secrets
  • Oregon Real Estate Update
  • Interest Rates Up? Consider Owner Financing!

Certified Realty on Twitter

  • Just now
  • @CertifiedRealty

© 2025 Certified Realty Company. All rights reserved.