Tag Archive: Wilsonville Market Trends
Following the Federal Reserve’s decision last week to hold off slowing it’s monthly bond purchases, mortgage rates fell this week to their lowest point in two months. Follow the link below for the full article from KATU News. Average U.S. 30-Year Mortgage Rate Down To 4.32 Percent
US home prices continue to rise leading us to the highest they have been in over 7 years. According to the chief economist for Zillow, this ongoing moderation is good for the market. Follow the link below for the full article from KATU News. US Home Prices Rise 12.4 pct., Most in 7½ Years
According to The Guardian, interest rates look like they are set to remain at record low for another 3 years. What does this mean for you? Follow the link below for the full article. What Does Mark Carney’s Interest Rate Announcement Mean For Me?
If you’re thinking about buying in the near future, this article from RIS Media is a great one to get you started. 10 Tips Every Homebuyer Needs to Know Before Buying
According to the Oregonian, Portland-area home prices rose 15.5% in July compared to a year ago. Follow the link below for the full article. Portland Area Home Prices Rise Faster Than U.S. Average
The housing recovery is strengthening. According to KATU News, home prices in the U.S. rose 12.2% in May, the biggest annual gain since March 2006. Follow the link for the full article: U.S. Home Prices Rise 12.2 Percent, Best In 6 years
Buyer’s are getting anxious to take advantage of these low interest rates, but with so many people ready to transition from renting to buying, there isn’t enough inventory. Click on the link below for the full article from KATU News: US Housing Perks Up, But Too Few Homes For Sale
According the The Wall Street Journal, if you’ve been on the fence about selling your home, now might be the time to take action. With inventory thinner, there are new opportunities for home sellers. Houses are selling faster because buyers are moving faster. For the full article written by Ruth Simon, click on the link… Read More ›
According to Oregon Live, the market is struggling with a lack of inventory. Buyer’s are becoming frustrated with the lack of selection and quick decision-making required to get a home. With inventory being so low, its no wonder homes are on the market an average of 3 weeks less than they were a year ago…. Read More ›
The national rate of late payments on home loans is the lowest its been in four years, according to Alex Viega with KATU News. Rates have been trending down since 2009 and look to continue. View the full article with the link below. Late-payment rate on mortgages hits 4-year low
According to Crutsinger with KATU news, new home construction is the highest its been since 2008 and is likely to continue. Click on the link below for more information. Surge In Home Construction Likely To Continue By MARTIN CRUTSINGER, AP Economics Writer
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