What to expect in the Portland Real Estate Market in 2008

Carla Muss-Jacobs writes in her column in American Chronicle about her predictions for the Portland Real Estate Market. Here are a few points that stood out to us:

  • The downtown Portland condo market is losing on some quick sales now. They should return to listing the units and allow first-time buyers a chance at Downtown living.
  • Higher-end homes (for example, in neighborhoods such as Lake Oswego) are going to look attractive to buyers when prices continue to drop.
  • Homebuyers will realize that Metro Portland is a great market, a good investment, and a great place to call home. They will be out this Spring!

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