Portland Area Monthly Market Update - October 2020
Okay, this month's market numbers are truly shocking. Many of us realtors were hoping for a small recovery as we headed into the fall. But this month's data put out by the RMLS, show quite the opposite.
Portland Area Pumpkin Patches
While Portland is a thriving metropolis you don’t have to drive far to experience farm life, as the city is surrounded by many beautiful family-owned farms, many of which have pumpkin patches and other fall activities to come and experience!
Below I listed a few of our favorites.
What you should expect from the home buying process
Over the years of working in real estate, I have had a multitude of conversations with people where they share experiences, either their own or those of loved ones, with realtors that were below expectations, downright sketchy or honestly I’ve noticed times when people's expectations are too low!
So I thought it would be helpful to go over the level of service you should expect as a buyer (I can do one on selling at some point as well) by giving a rundown of the typical experience I provide.
Portland Area Monthly Market Update - September 2020
While this market has been in no way typical the last seven months or so, one year to year trend that did seem to stay true to form was a slow August.
Summer often gets the reputation as the hottest time in real estate, August typically sees a slowdown. Everyone is getting in their last vacation before school starts, work starts to pick up and the weather cools down, and therefore are less focused on moving. And while the reasons may vary this year this trend still rings true.
Active listings saw a decrease of 8.3% with 3,885 new homes to the market and an inventory of 1.3 (just slightly higher than the month prior). Meaning, while meeting current buyer demand, if we were to have no new homes come on the market we would be out of properties in just 1.3 months.
When should I contact a realtor and lender?
The way I run my business I don’t often think of my self as a salesperson, more a facilitator to your dreams and financial goals.
But a lot of people think of realtors as salespeople, and the same often goes for loan officers. This often leads to many people becoming hesitant to contact either until they think they are really ready and serious to start the home buying/selling process.
Staging/Design Inspo
When out showing homes and out on brokers tour I see a lot of amazing design inspiration in staged homes, and owner occupied homes.
I would love to show the best design features I have seen to give you inspiration to use in your home, and to help you when getting your home ready to list.
Portland, OR you're the best
I love Portland. This city, and its surrounding areas, in my opinion, are the perfect place to call home. We have the amazing ability to put our toes in the ocean, snowboard, and visit some of the worlds best breweries all in one day. Our food scene is extremely diverse and prolific.
