Examining Portland Real Estate Trends

Five things you'll learn from watching this episode
1. **Current Market Trends and Data**: The episode provides in-depth analysis of the Portland metro area's real estate market, including average sales price trends, year-to-date statistics, and how the market has changed compared to the previous year.
2. **Historical Real Estate Insights**: You'll get historical context about the Portland market, including how often the market has appreciated or depreciated over the past 33 years, giving you a broader understanding of long-term trends.
3. **Impact of Mortgage Rates**: The hosts discuss how changes in mortgage rates affect the market, including buyer affordability and seller expectations. They give examples of how current rates translate into monthly mortgage payments for a typical home.
4. **Advice for Buyers and Sellers**: The episode offers practical advice for both home buyers and sellers entering the fourth quarter of the year. This includes strategies for pricing homes, understanding buyer psychology, and anticipating market behaviors.
5. **The Reality of Property Listings**: There's a detailed discussion on the current inventory levels, the dynamics of new listings versus sales, and the importance of pricing strategy in a competitive market. It also touches on common misconceptions about the inventory shortage and how to navigate it.
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