Uncategorized May 7, 2012

Has Housing Hit Bottom?

Check out this article about the real estate market. While things have been sliding downward since 2007, there are many areas of the country where evidence shows markets may be at the elusive "bottom". In the Portland area in recent months, we have seen an increase in the sales activity and is some neighborhoods, close in, even some price increases. Multiple offers are not unheard of anymore and buyers are noticing the signs of recovery, so they are making offers. The energy is back in our market. Are you feeling it?