August 2014, Portland Market Stats

By John DeCosta, Keller Williams Portland Premiere

The results are in and the market is slowing down. It is still better than last year, but the momentum is stalled at the moment. This has been a very busy year for the top Realtors. We look forward to seeing how this year finishes up.

We have been bery busy with the Million Plus Market for the DeCosta  Team.  Our land listings are selling very quickly.  Our typical buyer is either paying cash or placing a very large downpayment. The time to close is averaging less than 30 days. Interest Rates remain at historical lows, which is very helpful. The fussy buyer’s are appreciative when the seller’s detail their home’s for the market. We have seen beautifully prepared homes. Thank you to all buyers and sellers for trusting the DeCosta Team to handle your real estate needs.  We are extremely appreciative,  John and Priscilla DeCosta