A key part of why downsizing is still cost effective today, even when mortgage rates are higher than they were a year ago, is the record-high level of equity homeowners have.
Timeless Traditional in West Linn’s Cascade Summit Neighborhood
One of the biggest benefits of owning a home, regardless of your income level, is it provides financial stability and an avenue to build wealth.
Homes that are updated and priced at market value are selling fast.
The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a sellers’ market.
Today’s housing market is nothing like it was before the housing crash of 2008.
One reason why there’s less homes for sale is from of underbuilding—meaning there haven’t been enough new homes built to keep up with demand.
Local price trends still vary by market but home prices aren’t in a freefall.
The biggest challenge the housing market’s facing is how few homes there are for sale.
Get in touch with us. We would love to learn more about you and how we can help with your real estate needs.
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22700 Salamo Rd
West Linn, OR 97068