Dear Claire, Real Estate Market Update from Portland, OR
What’s going on with the housing market in Portland? Our inventory is climbing and our days on market has been climbing as well. It’s still a seller’s market but a little less of a seller’s market than it has been in the past. Great news for buyers is that interest rates have fallen again and they’re pretty darn low right now. So if you’re thinking about buying it’s great time to buy. If you’re thinking about selling now is the time to do it. That is pretty much the gist of everything that we got from the report. Go to our website at www.parisgrouprealty.com. We will load the full report to the blog in the next couple days with all the details in their glory. We’re going to be doing these quarterly just to kind of keep you up-to-date on what’s going on in the market.
I hope you guys have a wonderful sunny day and will talk to you soon.