Portland Oregon Residential Real Estate Review April 2018May 2018 Residential Highlights New listings made some gainsthis May in the Portland metro area. At 4,665, new listings outpaced
Is Now A Good Time To Rent
Is Now a Good Time to Rent?
People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent.
The Census Bureau recently released their 2017 first quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:
As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.
Take a look at the homes in Beaverton. There is a wide price range including affordable homes too.
One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today!
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Tualatin Duplex - $350,000I found this duplex in an area of good Tualatin schools in an easy to rent area! The cost is reasonable and the finances pencil out nicely. See the Prospectus
Link to the Listing for 16019 SW Hawk Ct Sherwood OR 97140Observations:Overall the home shows well and appears to be in overall good condition. The roof has had moss but does appear to have been