Current Portland Real Estate Market InformationMovingPortland Oregon Real EstatePortland Real Estate Statistics March 20, 2014

First Time Homebuyers – Spring 2014 Market Information



The housing market is still far from normal. On a positive note, the pipeline of foreclosure inventory has shrunk, new delinquencies have declined, and home prices have surged. However, we have not settled into a stable supply and demand equilibrium.

There is still a historically low share of first-time homebuyers, currently trending at 27% of sales based on the prior three months, as compared to the normal share of about a third of buyers.



First-time buyers (% of existing home sales) 


If you're waiting to make your first move, please consider contacting a repuatable lender right away.  (I'm happy to share the contact information for some of Portland's best lenders)  It's a very detailed process, but I'm happy to help walk you through it.  Once you've been approved for a mortgage, we can start looking.


With thanks for the report from the Merrill Lynch housing research department, and Bill Denton, Merrill Lynch Financial Advisor.   If you would like to speak with a wealth manager, please call me for a recommendation and more information.





Portland Oregon Real Estate Information, House Ideas, Portland Oregon Highlights.…   Windermere Top Producer….Fun With Real Estate

by Cary Perkins

Portland Real Estate, Portland Oregon Top Producer, Windermere Top Producer, Portland Realtor, Portland Homes for Sale