Oregon Real Estate

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, […]
Oregon Real Estate 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 […]
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 […]
Oregon Real Estate Portland Metro Area Real Estate Inventory/Median Home Price/Days on Market Through February 2021   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’ […]
Oregon Real Estate Buying and Selling Homes and Protecting Against Coronavirus 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 […]
Oregon Real Estate Windermere Realty Trust Ranks as the #1 Most Generous Large Corporate Philanthropist in Oregon & S.W. Washington Windermere Realty Trust matched many of the criteria I sought when I changed real estate brokerages almost 18 months ago. Among those criteria was community support, for which the Portland Business Journal has just announced Windermere Realty Trust as the Most Generous Corporate Philanthropist among large corporations in Oregon & SW Washington. Together with this […]
Oregon Real Estate PORTLAND REAL ESTATE MARKET UPDATE The Portland real estate market is poised to accelerate into the spring selling season.  January and February brought a slight uptick in residential inventory from the end of December, 2017. Our inventory dropped back down to 1.6 months by the end of March, up from the same time last year.   The median sale price for a […]
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