11/24/15 neighborhood news

Hello!

I’m Christy Walton, a local REALTOR™ and I live in the neighborhood – really! You may have seen me walking my greyhound. My teenager goes to school at Centennial and my son goes to daycare in the neighborhood. I’m not a stranger that doesn’t think about our neighborhood, and just sends out monthly mailings. I care about the neighborhood and the wonderful people that live here!

The Portland real estate market is still having an inventory shortage. Local real estate agents have qualified buyers that need to move but have very few choices! Home inventory in Portland is low, and I am hearing from other agents and prospective buyers that they just can’t find what they are looking for. This is still causing some house prices to rise and I’m still seeing a lot of multiple offers for the most exquisite and desirable homes.

The real estate market has been a little weird for the last few years. Many homeowners who considered moving felt the market was still too uncertain after the recession and have been waiting for the new, higher price bubble to pop. As a real estate professional, I’m thrilled to report that we still have a positive outlook for those who are thinking about selling one home and purchasing another (we have big meetings to analyze and learn about economic trends and the numbers are there!)

Are you worried about listing your home in the winter? Time Magazine says, “… it actually pays to list in the winter, when buyers tend to have more urgency…” (http://time.com/money/4083196/winter-home-sale-tips)

In the last six months, this neighborhood (from SE Division to SE Powell and SE 162^nd to SE 184^th) has sold forty-six homes in an average of 36 days on the market. The average sales price $205,578.

Last month, five homes sold in an average of 28 days on the market, with an average sales price of $174,379. Does Zillow say something different for you? Give me a call to find out WHY!

If you’ve been thinking about selling, give me a call. I will prepare a FREE, no obligation, no pressure market report for your home.

Regards,

Christy Walton, Broker
RE/MAX Select
GoodnightChristy@gmail.com
http://www.GoodnightChristy.com
o.503.477.9745
c.503.793.3345
Finding the perfect home for your "Goodnight".
Licensed in the state of Oregon