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Fact Check, What is Really Happening in the Real Estate Market?

"Red Hot Real Estate Market Comes to an End as Sales Drop" "The Real Estate Market is Headed for a Shock with the End of Mortgage Forbearance" While the headlines grab attention, what is really going on in the market? Watch as we fact check the headlines and provide the latest information about the Portland real estate market. Remember headlines are often written to terrify not clarify.

Watch Previous Gile Reports

Will the end of mortgage forbearance bring chaos to the housing market?
Mortgage forbearance provided a lifeline early in the pandemic to those in need. As we near the end of the forbearance period, what's next for those whose mortgage is in forbearance and the housing market as a whole? Will there be a wave of foreclosures or will the market adjust and provide options?
Some Normalcy in an Abnormal Market?
The last several weeks seem to have brought some normalcy to the Portland real estate market. While inventory is still low and prices are strong, inventory is on the rise and prices appear to have stabilized. Get the latest information in this week's Portland Market Minute.
Gile Report, Portland Real Estate Minute
With inventory at an all-time low in May, June brings some changes to the market. Get the latest info on listings, sales and pricing around the metro area.
What's Really Driving Today's Real Estate Market?
There has been a lot of talk about the pandemic's impact in the housing market. While the last year has increased people's desires for homes proving more space for recreation and work/life balance, the factors driving today’s strong market go much deeper and have been years in the making. Learn about the real driving forces in the housing market and where the experts are predicting it will go in the next couple of years.
If I Sell My Home, Where Will I Go? Gile Report May 19, 2021
We hear the question all the time when talking to friends, family and potential clients. "If I sell my home, where will I go?" A valid question in the current hyper-busy market. This Gile Report addresses the number one question on most potential sellers' minds, what are my options if I sell. Watch now to see what options you have available and contact us with questions or to put together a plan to get you in your next home!
Gile Report, When will the Housing Bubble Burst?
With low inventory and housing prices up nationwide, Google reported the search question “When is the housing market going to crash” spiked 2,450 percent last month. The question on many peoples’ mind is when is the housing bubble going to burst? Check out the latest market information and see what the experts are saying about a housing bubble, and home sales through 2022.
Portland Market Minute, Q1 Recap
Limited inventory and strong buyer demand are combining forces resulting in prices 16 percent higher than last year. Q1 Market Snapshot • Inventory down 52.8 percent to 0.8 months • Listings down 5.2 percent • Sales up 7.9 percent • Average Home Price up 16.2 percent to $554,300 Market Trends • Interest rates down 2 weeks in a row after an 8 week rise • Multiple offers over asking price • Buyers making concessions to be more competitive (Talk to us, there is a right way and wrong way to get your offe
Summer Real Estate Slowdown?
People typically think the best time to sell is summer. Historically the market peaks around May-June and slows down in July-August as people head out of town for vacations. The 2021 housing market has been unprecedented in many ways. Is it following the typical market or heading on a path of its own? Watch and find out.
Fact Check, What is Really Happening in the Real Estate Market?
"Red Hot Real Estate Market Comes to an End as Sales Drop" "The Real Estate Market is Headed for a Shock with the End of Mortgage Forbearance" While the headlines grab attention, what is really going on in the market? Watch as we fact check the headlines and provide the latest information about the Portland real estate market. Remember headlines are often written to terrify not clarify.