43% of Sellers Expect Offers Above Asking Price
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More than a quarter of sellers expect to receive an offer on the first day the home is listed too.
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Buyers Must Budget Extra For Closing Costs
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Average closing costs for a single-family home rose 13.4% in 2021.
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Mortgage Rates Rise for Seventh Straight Week
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“While springtime is typically the busiest homebuying season, the upswing in rates has caused some volatility in demand,” says Freddie Mac’s chief economist.
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New Home Sales Fall on Higher Rates
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New single-family home sales declined in March as mortgage rates jumped to the highest levels since the start of the pandemic.
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Home Buying Is Becoming ‘Unaffordable For Most Americans’: Here’s What Experts Predict For The Housing Market In 2022
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Monthly mortgage payments are up nearly $500 since last year and more than double what they were a decade ago.
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Mother’s Day Gift Guide: The Best Gifts For The Home
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Express your love and appreciation for mom this year with decor, appliances and other great gifts for the home.
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Neighborhood Guide: Brentwood-Darlington
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Home to religious cemeteries and standout food carts, the Southeast Portland neighborhood Brentwood-Darlington was annexed in 1986.
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‘New Homes Are Likely a Viable Choice for Fewer First-Time Home Buyers.’ New-Home Sales Dip as Affordability Worsens
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U.S. new-home sales decreased 8.6% to an annual rate of 763,000 in March.
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‘It Will Take Time for Surging Mortgage Rates To Rebalance the Market’: Home Prices Continue To Skyrocket, but Buyers Could See Relief Soon
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All 20 cities that the Case-Shiller report tracks not only recorded double-digit price growth in February, but a faster pace of growth than the month prior.
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Home-price appreciation accelerates again in 20 U.S. cities
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Prices in 20 cities including Seattle had their biggest year-over-year increase in 30 years, but rising interest rates and limited supply could cool the market.
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Multi-Offer Bidding Still Prevalent Despite Slowing Demand
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REALTORS® reported an average of nearly five offers on each home that sold in March, the same as in February and one year ago.
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Instant Reaction: S&P CoreLogic Case Shiller Home Price Index Accelerates to 19.8% in February 2022
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Home prices rose at a surprising, accelerated pace of 19.8% year-over-year in the past three months as of February 2022.
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S&P/Case-Shiller OR-Portland Home Price Index
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S&P/Case-Shiller WA-Seattle Home Price Index
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