Buying a Home

Buying a Home, Oregon Real Estate, Oregon Real Estate Market Conditions

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 […]
Buying a Home, Oregon Real Estate, Oregon Real Estate Market Conditions

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, […]
Buying a Home, Selling a Home

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 […]
Buying a Home, Oregon Real Estate Market Conditions, Selling a Home

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 […]

Buying a Home 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 […]

Buying a Home 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, […]

Buying a Home 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 […]

Buying a Home 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 […]

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

Buying a Home Excited About Buying A Home This Year? Here’s What to Watch As we kick off the new year, many families have made resolutions to enter the housing market in 2019. Whether you are thinking of finally ditching your landlord and buying your first home or selling your starter house to move into your forever home, there are two pieces of the real estate puzzle you need […]