We’re All Waiting With Anticipation

  Today was a big day for mortgage interest rates. Providing a positive vibe for the housing market, the average interest rate for 30-year mortgages dropped to 6.34%, the lowest rate since April 2023. The lower rates will help homebuyers concerned about affordability which in turn provides sellers with a bit more comfort about giving up […]
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Homebuyers – Don’t Be Twiddling Your Thumbs While Waiting For Better Interest Rates

  Many Homebuyers today are feeling caught between higher interest rates and rising home prices.  They want to buy now because home prices are increasing, while at the same time, they want to wait until interest rates come down a bit – hopefully later this year.  If you choose to wait for better interest rates, […]
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Interest Rate Buydowns Help Buyers and Sellers

When interest rates were at historic lows, a typical fixed-rate mortgage loan was all most people needed. Now, with rates appreciably higher, buyers’ monthly mortgage rates are much higher.  As the real estate market adjusts to changing interest rates, buyers and sellers are looking to make homes more affordable, and lenders are helping with interest […]
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So Inventory is Still Low

I often get questions about the real estate market and hear how so many news stories report on the extremely low inventory of homes to buy. Don’t let the news stories scare you. The reality is that there are properties to buy; they’re just not on the market very long. We have pending transactions. We have […]
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Market Statistics For February 2023

Here are the Market Statistics for February 2023. The average and median sale prices decreased by 5.3% and 3.7% respectively. While buyers and sellers will look at these numbers differently, I’m curious to see if this will be a continuing trend or simply the result of our unusually slow winter sales cycle. I believe it […]
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Portland Metro Area Real Estate Inventory/Price/Days on Market Report Through January 2023

Here’s an overview of the Portland, Oregon residential real estate market as of the end of January, 2023.  Please keep in mind that Real Estate is Local.  These numbers reflect the activity in the Portland Metro Area.  If you’d like more specific information about your property or a specific neighborhood, Let’s Talk.  Please reach out […]
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We’re All Waiting With Anticipation

By Jon Cohen | August 5, 2024 | 0 Comments

  Today was a big day for mortgage interest rates. Providing a positive vibe for the housing market, the average interest rate for 30-year mortgages dropped to 6.34%, the lowest rate since April 2023. The lower rates will help homebuyers concerned about affordability which in turn provides sellers with a bit more comfort about giving up […]

Homebuyers – Don’t Be Twiddling Your Thumbs While Waiting For Better Interest Rates

By Jon Cohen | March 5, 2024 | 0 Comments

  Many Homebuyers today are feeling caught between higher interest rates and rising home prices.  They want to buy now because home prices are increasing, while at the same time, they want to wait until interest rates come down a bit – hopefully later this year.  If you choose to wait for better interest rates, […]

Interest Rate Buydowns Help Buyers and Sellers

By Jon Cohen | December 5, 2023 | 0 Comments

When interest rates were at historic lows, a typical fixed-rate mortgage loan was all most people needed. Now, with rates appreciably higher, buyers’ monthly mortgage rates are much higher.  As the real estate market adjusts to changing interest rates, buyers and sellers are looking to make homes more affordable, and lenders are helping with interest […]

So Inventory is Still Low

By Jon Cohen | June 1, 2023 | 0 Comments

I often get questions about the real estate market and hear how so many news stories report on the extremely low inventory of homes to buy. Don’t let the news stories scare you. The reality is that there are properties to buy; they’re just not on the market very long. We have pending transactions. We have […]

Market Statistics For February 2023

By Jon Cohen | March 14, 2023 | 0 Comments

Here are the Market Statistics for February 2023. The average and median sale prices decreased by 5.3% and 3.7% respectively. While buyers and sellers will look at these numbers differently, I’m curious to see if this will be a continuing trend or simply the result of our unusually slow winter sales cycle. I believe it […]

Portland Metro Area Real Estate Inventory/Price/Days on Market Report Through January 2023

By Jon Cohen | February 14, 2023 | 0 Comments

Here’s an overview of the Portland, Oregon residential real estate market as of the end of January, 2023.  Please keep in mind that Real Estate is Local.  These numbers reflect the activity in the Portland Metro Area.  If you’d like more specific information about your property or a specific neighborhood, Let’s Talk.  Please reach out […]

Bubble? What Bubble?

By Jon Cohen | June 27, 2022 | 0 Comments

Two Reasons Why Today’s Housing Market Isn’t a Bubble You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe […]

It’s Not Just The Price – Home Buying Competition Goes to a 2nd Level

By Jon Cohen | April 9, 2021 | 0 Comments

We know Portland’s housing market is competitive. We have lots of people looking to buy a home and not enough homes to satisfy them all. So many sellers are receiving multiple offers for their homes and choosing among hopeful buyers. That’s where the second level of competitiveness comes in.  Not only are buyers competing with […]

Portland Metro Area Real Estate Inventory/Median Home Price/Days on Market Through February 2021

By Jon Cohen | March 17, 2021 | 0 Comments

  Portland Metro Area Real Estate Inventory/Median Home Price/Days on Market Through February 2021 Here’s an overview of the Portland, Oregon residential real estate market as of the end of February, 2021.  If you have any questions about your property or the market in general, let’s set up a time to talk. Inventory:  The Sellers’ […]

Buying and Selling Homes and Protecting Against Coronavirus

By Jon Cohen | March 17, 2020 | 0 Comments

Here’s what I’m doing in my business to protect my clients, myself, other Realtors and their clients, and our community against the spread of coronavirus. We are all concerned about controlling the spread of coronavirus in our communities, around the country and around the world.  We are all making sacrifices to reduce the likelihood of […]

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