The long anticipation of an increase in interest rates has happened. What does that mean for home sales in the Willamette Valley? It means some people are freaking. Which is a natural response to change. But I don’t think we need to panic. Home sales are still strong but there is a shift in theContinue reading “Spring 2022 Market Update”
Category Archives: 2022 Market
What Do Statistics Really Say?
Numbers and analysis are a big part of real estate. Percentage above asking price. Days on market. Price per square foot. I love math and I love numbers, but the truth is statistics can be very unreliable. I just had someone ask me how much over asking price homes are selling for in my market.Continue reading “What Do Statistics Really Say?”
Real Estate Market in 2022
The real estate market in the Willamette Valley is off to a very interesting start in 2022. As expected, interest rates have started to bounce up. Not surprising to economists, lenders and real estate agents. We knew the record low interest rates of 2020-2021 would not stick around forever. What is crazy is the wayContinue reading “Real Estate Market in 2022”
Tanna Cable Real Estate Blog 