93% Believe Homeownership Is Important in Attaining the American Dream Thursday January 11th, 2018 First Time Home Buyers, For BuyersAmericans continue to believe that
Buyers Are Searching For Your Oregon House
“Pending sales bounded last month as enough buyers fended off rising mortgage rates and alarmingly low inventory levels to sign a contract.”
So, what’s the problem?
“The main storyline in the early months of 2017 will be if supply can meaningfully increase to keep price growth at a moderate enough level for households to absorb higher borrowing cost. Sales will struggle to build on last year’s strong pace if inventory conditions don’t improve.” (emphasis added)
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The Impact of Tight Inventory on the Oregon Housing MarketThe housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are,