Well, here we go again. With cases of covid rising in Portland and a mask mandate in public places going into effect at the end of the week, it’s starting to feel like we have been kicked back to the beginning. And, honestly, it seems like a lot of us are feeling the strain and stress that we are still living with this virus. This time last year is when we all collectively realized that quarantine and lock down were going to be parts of our lives for a while. So, it makes sense that it was July of last year that we began to see that the noticeable changes in the Portland real estate market as more of a trend than a blip. Since then inventory has fallen to record lows and supply and demand did just what you’d expect: average sales prices steadily increased. As in a whopping 19.4% when comparing the whole of this year to the same period of last. You know the story. We’ve been sharing it every month. And after all we’ve been through, you should also know that you got this. We got this. Hang in there, kitties.
Project: Real estate brokerage’s monthly newsletter distributed to colleagues and past and potential clients.
Objective: To find common ground (and concerns) with our potential clients by identifying our shared experience with the pandemic and a difficult market.
Elizabeth Merritt 