We can all agree that the real estate market was pretty bad last year. Case in point, pending sales in the Portland metro area were down 50% year-over-year in November 2022. But things are starting to pick up as we move into 2023. And we can either complain about the challenges OR step into 2023
Continue ReadingPDX Real Estate 147: Finding Opportunity in the Market Shift—with Brittany Gibbs, Heather Robbins & Kim Gellatly
Interest rates are up to 7%. Pending sales are down 42%. And yet, many real estate agents continue to do business at a high level, despite the dramatic market shift. In April of 2022, Brittany Gibbs, Heather Robbins and Kim Gellatly appeared on the podcast to discuss the developing shift and
Continue ReadingPDX Real Estate 146: How Rising Mortgage Rates Impact REALTORS—with Tammy Wittren
Mortgage interest rates are the highest they’ve been in 20 years. And as a result, mortgage applications are down by 38% and refis have dropped a whopping 86%. So, when will rates start to come back down? What can lenders and real estate agents do to adapt to the current circumstances? Guest
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