Interest rates have always fluctuated, but on average have hovered in the 5-10% range for the past three decades. And industry experts believe rates will potentially fall to the low 6 percent range by the end of 2024. I hope this helps bring some perspective if you’re contemplating buying or selling your home. Oh, by the way®... if you know of someone who would appreciate the level of service we provide, please call us with their name and contact information.
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With the new year under way, this is a great time for a quick update on our local real estate market. A lot of people talk about what is going on in real estate on the national stage, but it really is best to know and understand what is happening in your own backyard. Check out Rick’s video update below to hear how things are going in the Portland Metro area. If there is anything that we can do, please don’t hesitate to give us a call. We’re never too busy to help you or your friends and family! And thank you for trusting The McDowell Team as your preferred real estate team!
Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of December 2023. Click HERE to see the full detailed report.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
As we start a new year, the real estate market is once again shifting. Many experts project that rates will finally start to decline. When that happens, it’s anticipated that there will be an influx of buyers and sellers ready to enter the market.
This month we're sharing information on the state of the housing market, historical interest rates and some well-researched stats on why the typical homeowner moves. We're here to answer any questions you may have about real estate and help you through every step of your future home sale or purchase. Please feel free to reach out any time! This month we are sharing some creative ideas on how to wrap or present your holidays gifts without using traditional wrapping paper. You may already have some of these materials on hand or they can be purchased inexpensively at discount stores!
Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of November 2023. Click HERE to see the full detailed report.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
Do you love the idea of throwing a holiday party, but want to make it really unique and special? Then you will definitely want to check out the great holiday party suggestions in this month’s flyer. It has fun food and activity ideas that will appeal to partygoers of all ages and make sure your gathering is one for the history books.
We are also including a party planning checklist that will help you stay on track and organized from start to finish, so you can accomplish the most important task on the list—having fun with your guests! Wishing you and your family a wonderful Holiday Season and a New Year filled with prosperity and joy! This year, Small Business Saturday is on Nov. 25. A strong small business community helps to create a dynamic and thriving healthy overall community. This month we're sharing some creative and fun ways on how you can support your local small businesses this holiday season.
We wish you a very happy holiday season! Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of October 2023. Click HERE to see the full detailed report.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
When you take a moment to perform an act of kindness, the benefits go well beyond the act itself. We never truly know what is going on in someone’s life. Taking the time to show them you care, even with the smallest gesture, may be the one thing that can turn their day around.
This month we are sharing some fun ways you can spread random acts of kindness. These are simple but impactful things you can do for your friends, family and others in the community. As always, we are so thankful for your friendship and the kindness that you have shown us. Please remember we are here to help you with any of your real estate needs or questions. |
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