Wanted to share this info with y’all. Portland is still strong when compared to the National climate. We’re at ~ 5%! This is very strong. Rates are also edging down with the exception of Sub-prime and Jumbo [over 417k borrowed]. The changes in Jumbo are really hurting San Francisco and other big cities – the median home in SF is 865k Yikes! Check out the latest Portland Report for more local info www.PortlandReport.com
Nick Krautter is the author of The Golden Handoff: How to Buy and Sell a Real Estate Agent’s Business which debuted number one on Amazon for mergers and acquisitions. His goal is to teach real estate agents how to grow their business and to help them later retire and benefit from their years of hard work. For the last decade Nick has been a Realtor in Portland, Oregon, where he leads a team and frequently serves as a real estate expert for the media.