Friday, September 22, 2017

Fall 2017 Homebuyer Guide

IT’S OFFICIAL, the Portland-metro homebuyer market has cooled off as the weather is changing and school kicks back into gear.  With homebuying, it tends to be a seasonal event where most buy or sell in spring and summer due to the better weather and school getting out.  This makes it easier and more appealing for many to shop for homes and move into their new home.    

For those who didn’t buy during the busy time, now is still a great time to get a home before prices/rates go up.  Here is why:

  • There will be less competition as families settle back in for the school year.
  • Sellers who are still in the market are typically motivated to sell sooner than later meaning it’s easier to negotiate a better deal.
  • Inventory of homes for sale has already kicked up over the last couple months.
  • There have been numerous price reductions on homes currently listed to attract buyers.
  • Mortgage rates are near a 2017 best right now.   

Needless to say, now is an awesome time to buy! 

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