Tuesday, January 30, 2007

Bethany market picking up already in 2007







It looks like 2007 is off to a pretty good start for the local area real estate market. Our calls and showings have increased. As buyers start to realize that the Portland\Bethany area market is not falling they are gaining confidence in their buying process. In fact this is one of the best times to buy in the past several years.There is some excess inventory and prices have remained flat for the most part. But if you shop and can be a little flexible you will find sellers that are willing to negotiate a few percentage points on a good home. The INTEL layoff seems to have hit us pretty hard but the inventory is selling off and we have indications that the worst fo that is over!If you are selling call us....WE NEED LISTINGS... buyers.... get out there while you can. Rates are great and the market will not stay this way forever. All in all we are looking for a solid 2007 but nobody should expect 1 week sale times or 20% up side in value. I think we will have 1-4% appreciation marketwide by year end and Nationally we will continue to be a bright spot.Best of luck and again make sure to call us to give us a chance to earn your business!ThanksDirk KnudsenPresidentRe\Max Metro503-799-8383

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