When mortgage rates were near historic lows in 2021 and 2022, Portland buyers stretched into the city’s outer neighborhoods to get more house for less money. That trade-off made sense when borrowing was almost free. Now, with rates still elevated, according to Scott Edelman, a Realtor with Sold by Scott, homes on Portland’s edges are ...
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For the past few years, buyers shopping for cottage cluster homes in Portland, Oregon faced a strange tradeoff: newer, efficient homes in walkable neighborhoods, but often tiny, sometimes under 800 square feet. That cramped footprint wasn’t a design choice. It was a direct result of the city’s fee structure, which forced developers to build small. ...
Portland set a goal of adding 6,000 housing units per year through 2032. Last year, the city managed 1,652. That shortfall has created space for development models that don’t follow the conventional acquire-permit-build sequence. One emerging approach skips the land acquisition step entirely by partnering directly with existing landowners who have buildable space but no ...
The conventional wisdom about Portland-area real estate focuses on interest rates and inventory – the same forces shaping markets nationwide. But in Beaverton, a suburb where Intel, Nike, and Columbia Sportswear employees fill entire neighborhoods, a more localized trigger determines whether buyers show up at all: the corporate fiscal calendar. When bonuses land and stock ...
Walk through an open house in Northeast Portland on a Sunday afternoon, and you might see something that’s been rare for a while: a handful of serious buyers, genuine competition, maybe a few offers by Monday morning. Drive out to the suburbs, and the picture is different. Homes are sitting. Sellers are cutting prices. Days ...
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Reliable broadband is now reaching the rural areas around Ocala, and that shift is opening one of Florida’s most affordable and spacious housing markets to remote workers. The change is beginning to reshape which buyers seriously consider rural acreage and horse farm properties. A New Possibility for Remote Workers Remote workers relocating to Central Florida ...
Relocating buyers – especially retirees moving to a new market – often arrive with a clear picture of what they want. That picture can become even stronger with the right guidance, according to Bobby Mathews, Team Leader at BluSkye Group with RE/MAX Foxfire in Ocala, Florida, and the agent’s job is to surface what the ...
Buyers and sellers in Austin, TX have spent the last few years watching home prices adjust after the pandemic-era run-up. Now many of them are asking the same question: is the correction finished, and what does that mean for their next move? According to Kathy Sokolic, co-founder of Mueller Residential Group, the answer depends on ...
Most people buying, selling, or investing in New York real estate now ask ChatGPT, Claude, or Gemini about their deal before they ever speak to a lawyer. According to Alexander Paykin, Esq., founder of Paykin Law, that now describes the majority of clients who come to his firm. Many arrive with an AI-generated strategy already ...
In most Texas housing markets right now, buyers have leverage they have not enjoyed in years. Inventory is up, prices are softening, and seller concessions – credits toward closing costs or interest-rate buydowns – have become a common negotiating tool. But in the luxury corridors west of Dallas, that playbook stops working above a certain ...
In parts of the Midwest where the housing market still favors sellers, a split is emerging that has less to do with location than with condition. Two houses can sit side by side in the same neighborhood, built around the same time, and sell at noticeably different prices. The difference, according to Jean Lewis, who ...
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