Portland Real Estate Stumbles into the New Year?
You usually only see big changes in the real estate market when looking in the rear view mirror, but we're starting to see signs that Portland Metro real estate is shifting.
So, is buying a Portland area home NOW a terrible idea?! Rates are down from the October highs. Inventory is low but buyer demand appears to be on the rise. Maybe it's better to wait to buy until rates come down even more?! Let us know in the comments what rate would motivate you to buy or sell, and 👍 + 🔔 + Subscribe for more great Portland videos!
Want to find out more about Portland's market, or are you interested in buying, selling or investing in Portland Metro area real estate? I would LOVE to help!
See the insides of some Portland home and what they are selling (or sold) for: https://rem.ax/46hq67j
Ron Milligan - Owner, Managing Broker, Stat Sage
RE/MAX Select
503-484-3166 // [email protected]
www.RonMilligan.com
Follow on Instagram!
/ ron.milligan
or Facebook!
/ realtorron72
To search all available listings in Portland click here! 👉
http://www.RonMilligan.com
Chapters
00:00 Stumble or Tumble?
00:14 AVG Sale Price Too Low?!
01:08 Inventory & New Listings
01:41 Price Reductions
02:00 Buyer Demand Up Again
02:20 Foreclosure Numbers
02:44 Mortgage Rates Hold
03:10 More to Come!
#portlandrealtor #portlandrealestate #movingtoportland
These statistics are from a consistent market sampling our office performs weekly and pertain to a specific moment in time. This report is based on information available at the time of recording and is deemed reliable but is not guaranteed. This is not meant as legal, financial or investment advice. Always speak with a licensed real estate professional about your unique situation before making any decisions about buying or selling real estate.