Portland Real Estate - Low Activity Over the Holiday Week. Experienced a Surprising Spike in Prices.

Enjoy this quick rundown of the very latest in local real estate stats and trends.
Want to find out more about Portland's market, or are you interested in buying, selling or investing in Portland Metro area real estate? I would LOVE to help!
See the insides of some Portland home and what they are selling (or sold) for: rem.ax/46hq67j
Ron Milligan - Owner, Managing Broker
RE/MAX Select
503-484-3166 // [e-mail]
www.RonMilligan.com
Follow on Instagram!
/ ron.milligan
or Facebook!
/ realtorron72
To search all available listings in Portland click here! 👉
www.RonMilligan.com
Chapters
00:00 Sleepy Week
00:28 Welcome!
00:47 Spike in Sale Price
01:36 Demand Numbers
01:51 Supply Recedes
02:22 Mortgage Rates and Inflation Reports
02:56 Looking Forward
#portlandrealtor #portlandrealestate #movingtoportland
These statistics are from a consistent market sampling our office performs weekly and pertain to a specific moment in time. This report is based on information available at the time of recording and is deemed reliable but is not guaranteed. This is not meant as legal, financial or investment advice. Always speak with a licensed real estate professional about your unique situation before making any decisions about buying or selling real estate.

[@darinthesecularspiritualist]

No banks are writing home loans. This is a large problem that does not get acknowledged

[@realtorronmilligan]

I haven't encountered that problem yet. My experience has bee that banks (underwriters) are certainly more careful than they were during our recent frenzy market, and they tend not to stray "outside of the box", but we're still seeing that about 76% of the sales in the metro area closing with loans.