PDX Real Estate 58: State Of The Market - January

In Episode 58, Tucker and steve get right into the latest news in their own business and talk about how things have really picked up since the holidays, the bad weather and the presidential election have passed. They then go into the market action report and talk about how the weather in Portland had slowed the market and overall numbers are down. Pending sales are down, new listings are down substantially, however inventory is still sitting at 1.3 months for December.  Tucker and Steve are projecting that interest rates will continue to climb in 2017 and we could see 5% mortgage rates being the new normal. We hope you enjoy this episode, please subscribe to our weekly podcast on iTunes or Stitcher for all future episodes!