One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more ... » Learn More about Sellers Are Ready To Enter the Housing Market
Archives for 2021
Umatilla County Public Officials Update – May 11, 2021
(Shared by Umatilla County Commissioner George Murdock.) To: Public Officials From: George Murdock Subject: Weekly Public Officials Update – Providing Information, Advocacy and Commentary Date: May 11, 2021 – Volume 55 Total Cases – ... » Learn More about Umatilla County Public Officials Update – May 11, 2021
Americans See Real Estate as a Better Investment Than Stocks or Gold
Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings. In an article on the current real estate ... » Learn More about Americans See Real Estate as a Better Investment Than Stocks or Gold
Don’t Forget to Budget for Closing Costs
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are Closing ... » Learn More about Don’t Forget to Budget for Closing Costs
Your House Could Be the Oasis in an Inventory Desert
Homebuyers are flooding the housing market right now to take advantage of record-low mortgage rates. Many have a sense of urgency to find a home soon since experts forecast a steady rise in both rates and home prices this year and next. As a result, buyer demand greatly outweighs the current housing ... » Learn More about Your House Could Be the Oasis in an Inventory Desert