Portland Market Summer 2016

Portland Market Summer 2016

   With interest rates being as low as they have been for some time now and rents continuing to rise rapidly, more and more buyers have been entering the market to search for a home.  Renters in the Portland area are realizing that a mortgage payment is often more affordable than paying rent each month and are taking action to secure financing and begin their search. The good news for buyers is that the number of active listings has been on the rise.  That means more homes are available this summer than have been all year.  Sellers are finding that this summer is a great time to sell as the average time on the market has continued to decrease.  When a home is strategically priced well, it should sell quickly, often with multiple offers above list price!  If you are looking to buy and sell, there are a quite a few insider tips to make your transition as seamless as possible.  

   There is speculation that the great interest rates we are currently seeing could soon be on the rise which could greatly affect the purchase power for many buyers pricing them out of the areas they live and work.  If you are thinking of investing in Real Estate or planning a move this summer or fall, give me a call!  503-753-9528   

Jesse Barkhurst Headshot
Phone: 503-753-9528
Dated: August 3rd 2016
Views: 473
About Jesse: Born and Raised in Portland, Jesse knows the areas very well! His passion is Real Estate and he wor...

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33 Trees Real Estate Group
10220 SW Greenburg Road #100
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