Recently, Creekside Mortgage, Inc. has seen an increase in home sells, especially on homes that are priced in a range afforable to first-time homebuyers.
In recent weeks, Creekside has even experienced transactions where clients were trying to buy a home in the Portland area, but ended up in a bidding war with other individuals. Given that only a few years ago selling a house was a difficult task, this news may seem quite exciting.
However, with summer ahead, and more people wanting to move, and a lack of inventory for first-time homebuyers in the $150k to $300k range, things are likely to get a bit more difficult for potential buyers.
If you are thinking about buying a home, we emplore you to take advantage of the historically-low interest rates and buy a home before finding a property becomes even more challenging.
Are you ready? Give us a call at 503.445.1038.