Welcome to the Portland Metro FALL update covering the residential real estate market! Prices are steady for houses in Portland this Fall and the market is neutral for Buyers and Sellers.
Interest rates for a 30yr fixed mortgage remain high at around 7% reducing first time home buyer’s purchasing power. The high mortgage rate is slowing the market but with continued limited supply of houses for sale in Portland demand remains.
KOVER Realty offers a 1% list fee to sell your home in the metro area. Get local expertise with the most competitive rates in Portland. Buyer’s agent fees are separate and other conditions may apply so call us at your convenience.
To view a detailed weekly market report from my preferred title & escrow partner, click below.
If you are ready to sell or buy your next home, call or text: 503.891.4725.
Thank you,
-Justin