Oregon Real Estate is still looking like a sound investment. The days of high teens appreciation may be gone but experts quoted in today’s Oregonian still see 5%-8% appreciation in 2007. That means the $300,000 house you look at today could cost between $315,000-$324,000 this time next year. There is more concern regarding the condo market as there are about 16,000 units coming available in the next few years.
Winter months are good for real estate. Both buyers and sellers are more motivated. A home’s landscaping in the winter can never look like it does in May (if you have no intention of doing landscaping before listing you home, list in the winter). It’s harder to make a house shine. Sellers are selling for a reason. Buyers have to want to look at homes in less than ideal conditions. (more…)