Oregon Real Estate Market Trends: Signals Buyers Can Track
Plenty of buyers hear that Oregon has tipped toward sellers and plan to offer over asking on the first house they like. That's a risky move. The Oregon real estatemarket trend s that matter to you are the ones on your own street, and a statewide headline says little about them. Four signals show whether you hold negotiating power: listing activity, days on market, inventory and the price-to-list ratio. Price-to-List Ratio Tells You If Sellers Got Their Ask This ratio compares the final sale price with the last list price. Watch how it moves month to month in your target area, because a slide is your cue that offers below asking are being accepted. Then you can open lower without looking unserious. Listing Activity and Rates Change Your Leverage Listing activity rises and falls through the year, and it changes who has the upper hand. When many homes are listed, you get more choice, but more buyers also tour on the same weekends. In slower stretches, you can push harder on...