Portland's real estate market is hot - especially for sellers. There's no doubt. Well priced, well cared for homes are selling fast, often with multiple offers above asking price. Here's why:
- Interest rates are still at historic lows which means buyers can afford more
- The number of homes on the market in Portland is at historic lows
- Home prices are stable and going up
- The Portland economy is strong
- Buyers are ready, willing and able to buy!
My advice to buyers is to jump in now while prices are good and loan interest rates are incredible!
For sellers – why wait? With fewer homes on the market your competition is low. And there are serious buyers looking for homes.
Give me a call, and we can discuss the possibilities.
I’m a Certified EcoBroker®, an Earth Advantage® STAR Pro, a Trade Ally of Energy Trust of Oregon and a member of the Historic Preservation League of Oregon.
I work hard for my clients. I work hard for our community. Let me work hard for you, too.
Peter B. O’Neil
Realtor® | EcoBroker® Certified
Earth Advantage® STAR | Energy Trust of Oregon Trade Ally
Historic Preservation League of Oregon Member
Want to know exactly what real estate is doing in your neighborhood? I will create a market report customized for you every month – including new listings in your preferred area, sold listings near your home or any other information you want – and I can email it automatically. I promise not to spam you, and you can opt out at any time.