Buying a home in today's market can be a challenge. Homebuyers must make tough decisions due to the housing shortage and increasing mortgage rates. Waiting for more options may seem like an effective strategy, but is it? This blog post will explain the reasons for...

If you plan to buy a home soon, staying informed about mortgage rates is crucial. Mortgage rates directly impact affordability when taking out a home loan. Given the recent escalation of mortgage rates, it's helpful to analyze the historical trends and mortgage...

The 2022 housing market was defined by two key things: inflation and rapidly rising mortgage rates. This in turn began the market reset. To combat inflation the Federal Reserve (the Fed) took drastic action in the later part of 2022 to lower inflation. The rapid...

If you’re considering buying or selling a home in 2023, you likely have questions about what’s happening with home prices here in the Portland metro market. In spite of what you see on some websites, at a national level experts (see chart below) don’t expect prices...

Due to the rapid increase in interest rates the Portland housing market has cooled dramatically. In January 2022 there were about 500 homes for sale in Portland. 10 months later the inventory is about 1,600 homes for sale. Clearly the real estate market has...