Recent events have unexpectedly thrown us into a unique situation that most of us have never experienced before. We understand that there are a lot of questions right now about what this means for the housing market. We’ll be perfectly honest… we don’t have all the answers. But, there are a few things we DO know, and we’d like to share them with you.
Currently, the housing market is still strong. Rates are still unprecedentedly low. Even with events causing a bit of a ride for rates, they still went from ‘low,’ to ‘very low,’ up to ‘still low.’ If you feel comfortable with your financial situation, it’s still a great time to buy.
In the State of Oregon, real estate brokering is considered an essential service. As a brokerage, we are taking the COVID-19 situation very seriously; however, we are still here conducting business in a safe and thoughtful manner. We are not holding open any homes, nor are we participating in Open Houses at the moment. We are happy to virtually “walk” clients through any homes they’d like to see, using Facetime, Facebook Live, Zoom, or other tech resources.
In these trying times, it’s crucial that even though we are socially distancing ourselves, that we stick together as a community. We are here to help in any way we can, real estate related or not. Please do not hesitate to reach out if you need anything. We’re in this together.