Category: Home Buyers
Meet the Team: Nikos Lilles, Oregon Licensed Principal Broker
Meet the Team: Nikos Lilles, Oregon Licensed Principal Broker Meet the Team: Nikos Lilles, Oregon Licensed Principal Broker We’d like to a take a moment to help you become better acquainted with the High Peaks Real Estate Group team. Meet Nikos Lilles, Oregon Licensed Principal Broker. What would you be doing right now IF you... Read More
What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market
What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during... Read More
Are There More Homes Coming to the Market?
Are There More Homes Coming to the Market? According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed this... Read More
2022 Housing Market Forecast
2022 Housing Market Forecast [INFOGRAPHIC] Some Highlights What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong year for home sales as people move to meet their changing needs. Let’s connect so you can make your best... Read More
What You Need To Budget for When Buying a Home
What You Need To Budget for When Buying a Home When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who... Read More
Key Terms for Homebuyers
Key Terms for Homebuyers [INFOGRAPHIC] Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction.... Read More
What to Look For When Choosing a Realtor Partner for Your Home Purchase or Sale
What to Look For When Choosing a Realtor Partner for Your Home Purchase or Sale There are over 8,800 Realtors in the Portland Metro area. How does one possibly decide who to work with? The odds are high that you know someone who is an agent or have a friend of a friend who is one... Read More
How To Navigate a Market Where Multiple Offers Is the New Normal
How To Navigate a Market Where Multiple Offers Is the New Normal If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate... Read More
Supply and Demand in Today’s Market
Supply and Demand in Today’s Market [INFOGRAPHIC] Some Highlights Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of... Read More
Are Home Prices Continuing To Rise?
Are Home Prices Continuing To Rise? Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal... Read More
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