Blog Education Our Takeaways from the 2021 Economic Forecast

Our Takeaways from the 2021 Economic Forecast

By Aryne + Dulcinea, February 11, 2021

Our team “went” to the 2021 First American Title Economic Forecast. Presenter John Mitchell discussed our local and national economies. Where are we now? Where are we headed?
  • Oregon was the #3 state to move to in 2020 behind South Carolina + Idaho. People are still moving here and they want to buy YOUR house.
  • Oregon was #32 in job growth in 2020 so why are they moving here? Is it because 2020 proved that many of us can work from home successfully and we’d rather live someplace great than move to where the office is?
  • The Case Shiller Index indicates that as of October 2020, sale prices were up 8.9% in Portland. Value has risen a lot in the last year.
  • Now that national plans are being set in motion to control the virus and jump start the economy, the recovery is underway, but the trajectory is uncertain. We don’t know what the impact on real estate will be. We do know that today’s market favors sellers – thanks to little inventory and low interest rates, but we don’t know what the rest of the year will look like. This may be the very best moment to sell.
  • Covid has driven people home! Everyone is working, playing, schooling, “entertaining,” and learning how to thrive at home which means they need properties that will meet their needs. This need is encouraging moving, refinancing, remodeling and reevaluating where and how folks want to live. As people make plans for the post-pandemic period the realities are:
  • Mortgage rates are VERY low
  • Demand for new and creative spaces is rising
  • Many people did NOT lose their jobs they just have to do them at home and they need space, technology, innovation, storage and versatility.
  • Real estate figured it out – Zoom showings and listing appointments, drone photos and video, virtual house tours, floor plans, Covid safety plan, real shoppers vs. folks who love visiting open houses. Real estate brokers can successfully help people buy and sell during a pandemic and we may even be doing our jobs better.

About Us:
Over the course of their professional partnership, Aryne + Dulcinea have helped over 200 clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.

Aryne + Dulcinea

Earth Advantage Principal Broker, Earth Advantage Broker & ADU Specialists

Click here to get to know Aryne + Dulcinea!

Aryne + Dulcinea are full-service, high-producing agents, who understand how to navigate the unique challenges facing the Portland real estate market. The secret to their success is in their professionalism and complementary skill sets. In 2012, Aryne + Dulcinea saw an opportunity to combine their creative and technical wisdom to create a values-driven, full-service agency unlike any other. Expert negotiators and project management mavens with a strong background in creative marketing, Aryne + Dulcinea serve as fierce advocates for their clients. 

Their passion for real estate relates closely to their commitment to the Portland way of life, which entails a dedication to sustainability and appreciation for all things local. As Earth Advantage Brokers and ADU Certified Specialists, Aryne + Dulcinea are savvy in all aspects of alternative living practices—from versatile housing additions, green building practices, and revenue-generating strategies. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching you real estate goals.

Aryne greets working with clients throughout Portland with open arms. Licensed since 2005, she appreciates the ever shifting desires her clients have as they move through their real estate goals. Investigative genius on her side, Aryne will strive to bring you the results you desire.  When not working for you, Aryne is a constant cheerleader for her son and daughter’s pursuits on the basketball court and on the ballet stage! She practices yoga, hikes, loves to walk and explore Portland neighborhoods, reads, and delights in soaking up everything Portland has to offer! 

Dulcinea thrives on working with clients with a range of real estate goals.  Oregon born, with a design and an award-winning professional background, Dulcinea is steadfast when it comes to working for her clients and has a keen eye for properties that best serve client objectives. Licensed since 2013, Dulcinea works in and around Portland.  A mother of two and wife to her high school sweetie—in her free time she stays busy with her family, travel, community activism, exploring the outdoors, curating art shows, and dreaming big!

Read More
  • T: 503-380-5124
  • F: 503-961-8224
  • aryne@livingroomre.com

You might also enjoy

Sometimes the second times a charm!

Martin Cross

Derek and Julie were referred to me on short notice with a somewhat, urgent need to find...

Living Through Calamity

Gabrielle Enfield

Hi, Readers! Hard to believe it’s been 41 years since Mt. St. Helens erupted. I remember...

Dual Representation for the Win!

Beth Benner

In my years of real estate, it has been few and far between when I have...

URBAN LIVE-WORK DREAM!

Aryne + Dulcinea

URBAN LIVE-WORK DREAM! 531 N Cook St. Offered at $499,000   3 BEDROOM | 3 BATH...