Market Update

Buying A Home Portland Housing Market Cools Alongside the Economy in Q3 Greater Portland Area (Multnomah, Washington, Clackamas, and Clark Counties)  Broadly speaking, the greater Portland area housing market has entered the same holding pattern as many other Western U.S. cities: flat sales and prices; rising inventory and days on market; more negotiating power and options for buyers.  Active listings in the Portland area now stand close […]
Buying A Home 3 Things You Should Know As someone who is always searching for opportunities for my clients, regardless of the market, data is often times the key. On a national level, I found 3 trends in September 2024 that I think are important for my clients who may be considering entering the market as either a buyer or a seller.   […]
Buying A Home Mortgage Rates Just Did What? If you’re watching mortgage rates as closely as I am, you saw them fluctuate nearly .75% in the month of May. At one point they even dropped below 7% for the first time in quite some time! While this may not seem like a lot, but consider the average home price in Portland ($591,200)… that’s […]
Buying A Home February 2024 Portland Metro Housing Market Report The February housing market report for Portland, Oregon, indicates a dynamic and active market with several notable trends: 1. Price Increases: – The average sale price experienced a modest uptick of 1.4%, reaching $576,000 compared to the same month in the previous year (February 2023). – The median sale price showed a more significant increase […]
Buying A Home 60% of People Think What??? When it comes to finding opportunities in real estate, I always try to follow the Fannie Mae Home Purchase Sentiment Index (HPSI). By watching this, I can keep a pulse on how buyers and sellers are feeling in current market conditions. Here’s what you need to know; the HPSI is at its highest level since […]
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