The “New Normal” in Portland Real Estate!

April21


“I’m Alive” from the Broadway play “Next to Normal” (I saw it in 2009 on Broadway in NYC and it was really good)!!

I get this particular question asked a lot:  “when will things (in the Portland Oregon real estate market) get back to normal?”.  I have this theory that there will be a “new normal”…maybe, “next to normal”.  What will that be?  Again, I’ve temporarily misplaced my crystal ball but I believe it won’t be what we have known.  It will be a new market, less frenzied, more studied and tentative for “awhile”!   Okay, so what exactly is “awhile”…I dunno!  I do think our progression out of this hole will take some time.  I am looking to purchase another modest investment property, but if I had “tons o’ cash”, I’d be grabbing up more real estate deals right now (only because of diminished pricing and low interest rates).  But, that’s because people will always need a place to live, so someone has to provide that (especially if buying has slowed)!  And, as I recently wrote:  I love real estate!

About the Author | Janeese Jackson

My job is service...service to you and your real estate transactions! How can you benefit from my 25+ years of experience and expertise? What can I offer to make the process more productive? * Current information on available housing...comparative and competitive market pricing and analysis * Daily involvement in the local real estate marketplace * Thorough, comprehensive knowledge reflecting years of helping others complete their real estate business * Extensive network of professional resources to make the process as smooth as possible My commitment is to you! Being available to you...returning your calls...answering your questions...addressing your concerns...respecting your money...matching your timeline...meeting your expectations...helping accomplish your real estate goals!!

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