How's the Market?

Weekly post on the current real estate market.

Buyer's Tips Market Update Portland Metro Sept. 2024 As we enter the fall season of 2024, the Portland Metro real estate market continues to evolve, presenting a complex and nuanced landscape for buyers, sellers, and investors alike. This comprehensive market update will delve into the latest statistics and trends shaping the real estate scene in one of the Pacific Northwest’s most vibrant metropolitan […]
Buyer's Tips Mortgage Rates Continue Downward Trend: What This Means for Homebuyers and Refinancers The mortgage market is experiencing a significant shift as rates continue their downward trajectory, offering a glimmer of hope for potential homebuyers and homeowners looking to refinance. This trend is particularly noteworthy as we enter the fall of 2024, traditionally a slower season for real estate transactions. Current Mortgage Rate Landscape As of the week […]
How's the Market? Portland Metro Real Estate Market Update: June 2024 The Portland metro area real estate market continues to evolve, presenting both opportunities and challenges for buyers and sellers alike. As we delve into the latest data from June 2024, we see a market that’s showing signs of stabilization while still grappling with inventory constraints and price fluctuations. Let’s break down the key trends and […]
How's the Market? Portland Market Update May 2024 May 2024 Real Estate Market Update The real estate market in May 2024 witnessed a mixed performance, with some indicators showing positive trends while others remained challenging. Here’s a breakdown of the key statistics: Inventory Levels The inventory of available homes remained tight, with only 2.3 months’ worth of supply, a slight decrease of 0.1 […]
How's the Market? The Portland Sellers’ Market Portland, Oregon’s real estate market has been a topic of much discussion in recent years, with the city experiencing a sustained period of growth and high demand. As of early 2024, Portland is firmly entrenched in what is considered a sellers’ market, a situation that presents both opportunities and challenges for homeowners looking to sell […]
How's the Market? Portland Real Estate Market Update April 2024 The Portland Metro real estate market experienced a strong performance in April 2024, with notable increases across several key metrics compared to the previous year and the prior month. New Listings Surge: New listings in the Portland Metro area increased significantly, rising 17.6% from April 2023 to 3,120 listings. This figure also represents a 28.7% […]
How's the Market? August 30, 2023 How’s the Market? CENTURY 21 Northstar CENTURY 21 Northstar agents know the market! Our agents study the market each day and can provide you the best advice when buying and selling your home.   → Get full market value for your home. ←  CENTURY 21 Northstar Key market statistics in your area: Portland Metro  We are seeing a […]
How's the Market? August 09, 2023 How’s the Market? Portland Metro  We are seeing a slight decrease in home prices nationwide as interest rates continue a slow trend upwards. However this continues to be a Seller’s Market due to a shortage of available housing, and signs of reluctance to purchase from buyers. Average days on the market is down to 33 days (from 60 days), and median home […]
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