What Will $650,000 Buy in the Portland Metro Real Estate Market?
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 Market
Homes of the Week for Sale at $650,000 in PortlandShowing properties
1 - 10 of 16.
See more Real estate in the city of Portland.
(all data current as of
5/18/2013)
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$650,000 : 3135 NE 42nd AVE, Portland4 beds, 2 full, 1 part baths
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$650,000 : 4124 SW 40th PL, Portland4 beds, 2 full, 5 part baths
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$649,000 : 75 SW 68th AVE, Portland4 beds, 2 full, 1 part baths
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$649,500 : 665 SW 83rd AVE, Portland5 beds, 5 full baths
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$650,000 : 12425 SW 55th PL, Portland4 beds, 4 full baths
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$650,000 : 855 SW Burlingame TER, Portland4 beds, 4 full, 1 part baths
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$650,000 : 4027 SE Oak ST, Portland4 beds, 3 full baths
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$649,900 : 1635 SE 57th AVE, Portland4 beds, 2 full, 1 part baths
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$650,000 : 5805 NE 23rd AVE, Portland4 beds, 3 full baths
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$649,000 : 5643 N Atlantic AVE, Portland5 beds, 3 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
What $650,000 Buys in the Portland Metro Real Estate Market
Homes of the Week for Sale at $650,000 in BeavertonShowing properties
1 - 1 of 1.
See more Real estate in the city of Beaverton.
(all data current as of
5/18/2013)
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$629,900 : 16715 SW Oregon Jade CT ,Unit 14, Beaverton4 beds, 3 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Homes of the Week for Sale at $650,000 in Lake OswegoShowing properties
1 - 9 of 9.
See more Real estate in the city of Lake Oswego.
(all data current as of
5/18/2013)
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$649,000 : 18255 Tamaway DR, Lake Oswego4 beds, 2 full, 1 part baths
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$649,000 : 524 Weidman CT, Lake Oswego4 beds, 2 full, 1 part baths
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$649,999 : 14350 Meadow Grass ST, Lake Oswego4 beds, 3 full baths
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$649,950 : 17450 Treetop WAY, Lake Oswego5 beds, 3 full baths
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$650,000 : 816 9th ST, Lake Oswego4 beds, 3 full baths
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$649,900 : 6135 Mcewan RD, Lake Oswego2 beds, 1 full bath
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$650,000 : 18460 Ray Ridge DR, Lake Oswego3 beds, 2 full, 1 part baths
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$649,000 : 3130 Westview CT, Lake Oswego4 beds, 3 full, 1 part baths
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$649,000 : 12635 Adrian CT, Lake Oswego4 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Portland Buyers Agent – Real Estate Expert in the Portland Metro Area
EBAPortland, LLC is an Exclusive Buyer Agency serving the Metro Portland real estate market since 1999. I only represent 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. I assist investors, folks relocating to Portland area, those moving to the Portland area 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 ExclusiveBuyers Agent. Exclusive Buyers Agents do not work for listing brokerages or Sellers. An EBA’s fiduciary duty is: 100% BUYER REPRESENTATION . . . 100% of the Time. Contact me for all Portland Housing.
Carla Muss-Jacobs, Principal Broker/Owner
EBA Portland LLC
14845 SW Murray Scholls Blvd, #110-518
Beaverton, OR 97007
Office: 503.524.2560
Direct: 503.810.7192
EBA Portland ~~ 100% BUYER REPRESENTATION . . . 100% of the Time
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