Is Housing as Affordable as It Will Ever Get?

In the past four days alone, our team was fortunate to represent buyers and sellers in 23 offers on five properties. Combined, the offers totaled over $67,000 above the sellers list price with only one offer being accepted with a discount of $5,000.

So yes, we may be seeing the lowest home prices in our lifetime right now. With mortgage rates stooping to record lows, now is the time to maximize your buying power! As rents have been on the rise for some time, it makes sense for many to make the transition into ownership, creating more competetion for the shrinking inventory in Portland. For more information on the state of the market click on th link below, and contact our team to find out how to best take advantage of a home ownership opportunity before housing prices fully recover.

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If you or anyone you know would like to learn more about opportunities in the current market, we look forward to serving as your #1 resource in real estate.