Home Prices

Timing your home purchase can be helpful to ensure you’re getting a great deal. That said, if you work with a seasoned mortgage broker, any time can be a good time to buy in Washington. '

The housing market across the state of Oregon is hot right now with healthy appreciation in home prices. The question is, how does Beaverton stack up and compare against statewide activity, as well as with other centers across the state?'

The Portland housing market is still healthy. Listings tend to pop up quick quickly and in droves over the spring season as homeowners often wait until the winter season is over. '

Recently updated mortgage rate forecasts — along with a home price outlook for Oregon — suggest that home buyers could see higher costs ahead as prices are expected to rise later on in 2022 and into next year. '

This blog analyzes Washington State's 2024 real estate market, emphasizing the severe housing supply shortage and its impact on rising home prices. Highlighting the median price at $568,346, it discusses construction challenges and predicts continuous price growth due to high demand and low inventory.'

Considering the fact that home prices and mortgage rates change over time, the cost of buying a home in Portland OR today versus last year or any other time may be different.'