Its Not Just Portland

Dated: 06/07/2013

Views: 12682

Investors nationally are backing away from Real Estate, as this market continues to stay hot!!  This awesome HousingWire article shows us that everything we thought we knew about our market... may be changing.  

"The REO discount per living space actually went positive in the first quarter of this year, meaning buyers are paying more for REOs than normal priced homes. "
It's starting to look like overpriced distressed homes, short sales, and REO's are becoming a trend.  
"Now that the market is healthy again, will traditional consumers take the place of buyers? With inventory as strapped as it is, will fewer investors pouncing on properties actually be a relief for potential buyers? Only time will tell what the lull in real estate investors will do to the housing market."

See the full HousingWire article here: http://www.housingwire.com/news/2013/06/06/shifting-market-turns-investors-shy-housing
And remember to call or email me at 503.789.7888 - melissa@frontdoornw.com if you would like to discuss how the market will affect your upcoming home purchase! 

Want to Advertise on this Site?

Latest Blog Posts

3 Reasons To Ask Your Realtor For A Lender Referral

3 Reasons To Ask Your Realtor For A Lender ReferralYou are one in a million if you have enough cash to buy a home! For most people getting pre-approved for a home loan is one of the first steps in

Read More

The True Cost Of Not Owning A Home

There are a lot of reasons why owning is better than renting, here are a few reasons comparing the cost of not owning a home:1- The Price is so CloseRenters are facing increases everyday. With

Read More

Three Tips For Making An Offer

1- Determine a Price RangeThis should happen right before you start the homebuying process. If you don’t know how much you can afford, you will be shopping in the dark with a blank check

Read More