Last month I wrote about the fast pace of real estate here in the Northwest with low inventory, high demand and low interest rates.
For three months in a row Portland metro area transactions show fewer listings on the market than the same week last year. Pending rates continue to be up over the same time last year.
Small acreages and homes in the $300 – $500k price range are extremely competitive for buyers right now. The accepted offer on this gorgeous Gresham home was one of 15 and $70,000 over list in two days!
Whether you’re buying or selling, you need a realtor who knows all the moves and how to make them fast! That’s why at Thoroughbred Real Estate you’ll never encounter a junior agent. Our team is exclusively comprised of devoted, seasoned professionals. If we can help you and especially if you’d like to add to our inventory, please reach out! We have agents serving Willamette Valley, Portland Metro, SW Washington and Central Oregon and can even broker deals without ever going to market, especially right now.
– Ryann, Thoroughbred Real Estate Group