A Feeding Frenzy Is Coming

Dated: 12/18/2019

Views: 138

People often say that real estate dies during the holiday and that is far from the truth.

In Portland, closings don't even drop by half when you compare the top month of the Summer to December!

But new listings do drop and people are sometimes buying homes out of necessity more than choice. Those that are able to stand back and wait are often rewarded in January.

In January, all of the people who waited for the holidays to pass are gearing up for that first week and hit the market like a wave most years. What we often see is a feeding frenzy between the 5th and the 20th where buyers are hooking any great house that pops up. We sometimes see multiple offer situations. 

If you are a seller, get your home listed now to take advantage of these buyers that aren't happy with the selection.

If youare a buyer, get ready to jump on a home because if it's good it won't likely last long. And then you will be waiting for new homes to trickle onto the market over the next few months. 

Call us at 503-502-3330 to understand the market in your neighborhood and help you reach your real estate goals

Photo by jean wimmerlin on Unsplash

Blog author image

Mike Rohrig

Meet Our Director of Sales: Mike Rohrig We’re beyond excited to have Mike Rohrig on Team Beltran as our Director of Sales. In this role, Mike works with our team members to raise the bar even high....

Latest Blog Posts

A Feeding Frenzy Is Coming

People often say that real estate dies during the holiday and that is far from the truth.In Portland, closings don't even drop by half when you compare the top month of the Summer to December!But

Read More

For Sale: San Remo Ave

28908 SW San Remo Ave, Wilsonville, ORFor SaleDescriptionPhotosMaps & LocalSchoolsPrintView More ListingsFollow This HomeFree Home ValuesPresented By:Beltran Properties GroupeXp Realty LLC 503

Read More

Twilight Open House Thursday June 20th

We will be having a Twilight Open House Thursday between 4:30 and 6:30pm. Wine and cheese will be served at 11955 SW Normandy Ln. Hosted by the ever-Dapper Ethan FrellyWe will also have three other

Read More

Even Zillow Admits They Aren't Accurate

Zillow themselves will tell you they are only accurate within 5% of the final price 35%-60+% of the time depending on the city.  Unfortunately, many people think it is extremely accurate

Read More