Its Not Just Portland

Dated: 06/07/2013

Views: 12612

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

Home Appreciation Rates

 CoreLogic came out with their Home Price Insights Report which showed appreciation rates in homes. Their findings are representing in the following graph:With these appreciation rates,

Read More

2 Tips To Getting The Most Value Out Of Your Home

1- Price it Lower than the Market ValueThis seems like the opposite of what you think you should do, but it can in fact have a positive outcome on visibility. When pricing your house, this is

Read More

Cute Corner Bungalow Pending In Days

Charming Rose Village Bungalow on Spacious Corner OverviewMapsPhotos $229,000 Single Family

Read More