We all know this truth: Portland has been HOT this summer.
And you know I’m not just talking about the weather. RMLS statistics revealed that July 2015 boasted the most home sales on record for the Portland Metro area. Despite the seller’s market driving multiple offers, low inventory, and some very weary buyers, Portland isn’t even in the top 20 hottest real estate markets (according to Realtor.com). So what’s a buyer to do?
Whatever you want to call it, September through November are great times to buy. Inventory is expected to rise, and sales trends over the years show an easing of competition over the Fall months. Combine that with interest rates hovering around an amazing 4%, and the right time to buy could be right now. So if it’s time for you to move to your next home, give us a call!