SE Portland, OR. Homes

For most people, buying a home is the largest purchase they'll make in their lifetimes. Consequently, there is a substantial amount of money flowing around during a real estate transactions, with earnest money deposits, payment for inspections, and the transferring of funds at closing. Currently, we have a lot of mechanisms and vehicles to protect […]

Competitive Offer Market We’ve been hearing the “buzz” over the shifting local real estate market these past couple months. Here are some significant factors and data that may help explain just what is happening: Mortgage Rates near 45 year lows Increasing sales figures Steady reduction in residential housing inventory becoming an “inventory crisis” in some […]

Here in Portland, the market has definitely displayed a big shift over the past three months, with increased buyer activity and inventory levels lower than they have been in more than two years. It’s not uncommon for buyers to find a home, only to find out that they will be facing a multiple offer situation. […]