Blog Buyer Real Estate Market Forecast for 2024

Real Estate Market Forecast for 2024

By Lily Ray Wyss, January 24, 2024

No one knows for certain what 2024 has in store in the world of real estate. But in the video above we discuss a few widely predicted trends.

Here are a few highlights:

Interest rates are already trending downwards (whoohoo).

With this we are already showing higher motivation from home buyers which will continue to increase.

Hopefully, this means we will also see higher motivation from home sellers (as sellers notice the higher demand from buyers). Leading to more homes and more options to the market.

Meaning we can predict an active Portland Oregon Real Estate Market for most of 2024. We could potentially see the market slow down in the second half of the year, if we follow trends from past election years.

Want to discuss your potential home buying or home selling needs for 2024? I would love to connect. Reach out and we can set up a time.

You can contact me below or reach me at lily@lilyrayres.com.

Lily Ray Wyss

Broker | OR

She/Her

I love Portland. This city, and its surrounding areas, in my opinion, are the perfect place to call home. We have the amazing ability to put our toes in the ocean, snowboard, and visit some of the world's best breweries all in one day. Our food scene is extremely diverse and prolific. Want to see a show? Comedy, music, theater, etc all have growing, well-supported scenes here. I love selling homes in Portland and more importantly educating my clients and community on how amazing this city is and how you can own a piece of this beautiful state and call it home. Follow me on Instagram to see my new finds and spotlights on the best places to eat, play, and be entertained in the area. And for information on buying/selling and current home market data. Follow at: @lilyrayresidential
Read More
  • T: 971-361-6114
  • lily@lilyrayres.com

You might also enjoy

Sunshine in South Tabor

Kim Parmon

Full of Upgrades and Loads of Character 2620 SE 61st Ave.| Portland, OR 97206 Offered at...

Celebrating Beaverton’s Newest Residents

Beth Benner

Fellow Bridge to Portland Group member, Gen and I did not have your typical first meeting...

3+ Acre Fairytale Property in the City

Kim Parmon

Charming Tudor with Creek 7021 SE 122nd Dr.,  | Portland, OR 97236 Offered at $799,900 |...

Portland Oregon Real Estate Market Update for April 2024

Lily Ray Wyss

What we discuss: Multiple offer situations returning to the market. Seller motivation returning to the Portland...