For Buyers currently looking to buy a home in the Portland Metro real estate market, there are a few things to consider:
- The First Time Buyer Market, and
- What Move-Up Buyers Want
The First Time Buyer Market
In the Portland Metro real estate market the general rule of thumb is the first time buyer real estate market is in the price range of homes for sale of: $0-$250,000. Any property priced around $250,000 and BELOW will be where the vast majority of first time home buyers will be starting their search. Above that, to a degree, the market thins out with first time buyers and will being to see the MOVE UP BUYER MARKET!
Related Link: Homes of the Week What $650,000 Buys Around the Nation
The Move-up Buyer
A Move-up Buyer is already a home owner. They may have bought years ago and either want to sell their current home and move-up for the following reasons:
- Want a larger home
- Want to buy a home that is in a better location
- Want to use the proceeds of their equity sell to pay down on a higher priced home
The Move-up Buyer may, very well, be looking at homes that are in the %650,000 price range. They may own their home outright, or can pull cash out.
With current interest rate hovering at 3.5% a $650,000 home purchase with $200,000 down payment will have a monthly payment of approximately
What $650,000 Buys in the Portland Metro Real Estate MarketHomes of the Week for Sale at $650,000 in Portland
$649,000 : 5610 SE Morrison ST, Portland4 beds, 2 full baths
$649,900 : 2733 NE 51st AVE, Portland4 beds, 3 full baths
$649,900 : 9641 SW 48th, Portland4 beds, 2 full, 1 part baths
$649,000 : 4548 SW Taylors Ferry RD, Portland4 beds, 3 full, 1 part baths
$650,000 : 6675 SW Moonshadow CT, Portland5 beds, 3 full, 1 part baths
$649,900 : 13150 NW Ridgetop ST, Portland4 beds, 2 full, 1 part baths
$649,000 : 3522 NE Cadet AVE, Portland4 beds, 2 full baths
$649,900 : 5100 SE 36th PL, Portland6 beds, 3 full, 1 part baths
$650,000 : 1180 SW Skyline BLVD, Portland3 beds, 2 full, 1 part baths
$649,000 : 9328 SW 30th AVE, Portland6 beds, 4 full baths
See all Real estate in the city of Portland.
(all data current as of 11/25/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
What $650,000 Buys in the Portland Metro Real Estate MarketHomes of the Week for Sale at $650,000 in Beaverton
$619,900 : 16515 SW Emerald View ST, Beaverton5 beds, 3 full, 1 part baths
$615,000 : 2790 NW Eastway CT, Beaverton3 beds, 3 full baths
$610,000 : 16065 SW Snowy Owl LN, Beaverton4 beds, 4 full, 1 part baths
$650,000 : 16035 SW Snowy Owl LN, Beaverton6 beds, 4 full baths
See all Real estate in the city of Beaverton.
(all data current as of 11/25/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.Homes of the Week for Sale at $650,000 in Lake Oswego
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Buyers Agent Portland – Buyer Focused ~~ Buyer Results
Buyers Agent Portland, LLC is an Exclusive Buyer Agency serving the Portland Metro real estate market since 1999. The brokerage only represents Home Buyers and never home sellers. If you’re looking for a home anywhere in the Portland Metro area, there is no better representation than an Exclusive Buyers Agent. We assist investors, folks relocating to Portland area, those moving to Portland in-state, home buyers who are looking to down-size or move-up and of course . . . love working with first-time buyers. I help Buyers in the Portland Metro market find exactly what they need in the Tri-County markets of Clackamas County, Multnomah County and Washington County, as well Portland cities including but not limited to:
- Beaverton homes for sale
- Tigard homes for sale
- Hillsboro homes for sale
- Lake Oswego homes for sale
- Portland homes for sale
When you’re ready, talk to an Exclusive Buyers Agent.
Exclusive Buyers Agents do not work at real estate brokerages that take listings!
An EBA’s fiduciary duty is: 100% BUYER REPRESENTATION . . . 100% of the Time.
Carla Muss-Jacobs, ABR, CEBA, e-PRO, Realtor
Buyers Agent Portland LLC
Buyers Agent Portland ~~ 100% BUYER REPRESENTATION . . . 100% of the Time
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