The June 2025 Market Action Report for the Portland metropolitan area, published by RMLS, describes a residential real estate market that is steady, if subdued, with slight pricing increases and modest shifts in transactional...more
7/24/2025
/ Affordable Housing ,
Buyers ,
Contract Terms ,
Housing Market ,
HUD ,
Interest Rates ,
Lenders ,
Mortgages ,
Oregon ,
Real Estate Market ,
Real Estate Transactions ,
Sellers
Between a red-hot housing market and rising interest rates, prospects are looking bleak for would-be homeowners in our region. For the most part, however, Oregon buyers have avoided one significant obstacle that has plagued...more
In June 2022, according to a Redfin report, Portland home prices were up 7.6% compared to last year, selling for a median price of $570,000. On average, homes in Portland sell after six days on the market. One would expect...more
On May 4, after a two-day policy meeting, U.S. Federal Reserve Chairman Jerome Powell announced the first of what is likely to be several interest-rate increases in 2022. The first, a 50-basis-point increase, is the single...more
According to recently released market trend reports, the number of condominiums listed for sale in Northeast and Southeast Portland dropped by 20% from September 2020 to December 2020 and the number of units sold increased...more
The COVID-19 health crisis has indelibly affected society, impacting our behaviors, habits, and priorities. Unlike previous recessions, our relationship to spending and saving may be markedly different in our current...more