Hi Friends,
We hope this finds you soaking up summer wherever you are, whether it be the mountains, the beach or plopped right at home in Olympics-watching couch potato glory!
As Back-to-School draws ever nearer we're participating in the Rose Haven Supplies Drive this month and are excited to share this with you as Rose Haven gathers school items for nearly 500 of our PDX youth in need of a little boost to start the year off right. There are a few easy (and contact-less) ways to donate including a clickable Amazon Wishlist (if you'd like to stay plopped on that Olympic couch.)
Josh delivers this month's real estate market recap and he's included a couple growing trends that may benefit buyers (finally!) The market has slowed a little after that gangbusters spring and we all suddenly have plenty of open calendar space to pencil you or your referrals in for any fall & winter house moves, no matter the size or price point.
In the meantime, all that Olympics watching has inspired us to hit the gym so we'll be ready to power our clients through the autumn market!
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Wishing you gold medals & continued health,
Susie, Matt, Jamie and Josh
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It's that time of year for the annual Back-to-School Drive by Rose Haven - A day shelter and community center serving women, children and gender non-conforming folks experiencing the trauma of abuse, loss of home and other disruptive life challenges.
Last school year, the state of Oregon reported that 21,080 students were experiencing homelessness. This is devastating and so we are putting the word out. We know that the pandemic has wreaked havoc on so many but if you by chance have the means to make a donation to support our PDX youth, it is so appreciated.
Supplies are being collected now through August 17th and can be shipped to or dropped off in person at
627 NW 18th Ave.
Portland, OR 97209
For easy click-through shopping check out the Rose Haven Amazon Wishlist.
Or monetary donations can be made here. (All donations are 100% tax-deductible. Rose Haven’s Federal Tax ID is #20-5922682)
And Rose Haven asks for everyone to spread the word: "Put out a collection bin at your work, school, gym or place of worship and help us collect brand new school supplies this summer."
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Here's what Josh thinks the PDX Real Estate Market has in store for August:
Buyers
We’re starting to see the market slightly trend in your favor. There has been a slow rise in inventory for new listings. It’s up to just under 1 month which is equivalent to 3000 new listings this month. Yes, that is still very low, but it’s a small win for you to have some success and gives you a few more options in the market!
With that said, don’t sleep on the search! As this spike continues, it could also mean that the great interest rates will go up. We're here to help you find your dream home and are so happy to see all of the success with our other clients in finding theirs.
Sellers
It’s still your show, but time is of the essence! A year from now you may still get a great price for your home, but inventory is rising, which makes the chance of getting a largely over asking offer even tougher. We are also seeing the average days on the market go up to 21 days and are getting fewer offers before the deadline. These trends are telling us that now is the time to sell!
So, if you are considering selling your home, let's connect and get the ball rolling. Contractors are busier than ever and booked out for months, but our team has all the resources you need to get your house prepped and sold while the market continues to be red hot.
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The hot topic of the last year-plus has been mortgage forbearance, and as plans start to expire, many are expecting a spike in foreclosures. So, Matthew Gardner, Chief Economist, took a closer look at the data for the latest “Monday with Matthew” episode.
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Sold
Represented Buyer
St. Johns Bungalow
2 Bed | 1 Bath
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Sold
Represented Buyer
North Tabor Bungalow
3 Bed | 1 Bath
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Sold
Represented Buyer
Hillsboro Traditional
4 Bed | 2.5 Bath
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Moran Homes
Susie Hunt Moran
Principal Broker, Licensed in OR
503.970.9866
Matt Moran
503.781.9646
Jamie Van Hoorn
503.449.8999
Josh Velasquez
818.399.8672
Brokers, Licensed in OR
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