Blog Stories Current Real Estate Market Update

Current Real Estate Market Update

By Living Room Realty, June 16, 2018

Portland real estate continues to slow in its inflation of home values. The peak of the hot housing market seems to be the spring of 2016. Since then, we have seen much more reasonable increases in year over year home value—much closer to 6% than the crazy times of 12%-16% year over year. It is a good time to buy a house! We are seeing lots of price reductions in listings and homes selling for under list price. Buyers are having a little more time to think about a home purchase as well. Our market is stabilizing which is good for all!

Living Room Realty

Living Room Realty is a full-service real estate brokerage with four offices in Portland, one at the coast in Manzanita, and one in Vancouver, WA. At Living Room Realty, we listen and ask the right questions. We’re committed to being your most effective advisor and advocate. Our goal is your success.
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