Category: Housing Market

North Portland Housing Marketing Update: 2018, Quarter 4

Despite the downward trend during the fall season, December was a productive finish to the year for the Portland housing market. One contributing factor was an increase in interest rates. December is typically the slowest month for real estate, but rates spiked, leading many to rush and buy to lock in the rate before prices got too high. Below is a breakdown from the fourth quarter of 2018 and some insight into 2019.

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