The Home Valuation Code of Conduct is going into effect on May 1st. Here’s a quick breakdown of what it is.
For more information, go to this post, I put a link here for people who want to read the whole thing. It’s only seven pages, and the FAQ sheet is pretty comprehensive.
We are going to try something new this month. Video blog entry. See what you think.
The breakdown is as follows:
Buyers are still waiting for a signal to move off the sidelines
In a slightly declining market, the best Seller’s strategy is to “get ahead of it” on price
This is causing some areas in town, to reset.
Makes for an interesting time right now!
Attended a few meetings last week: Take Aways were:
1. Rural is a cool place to be right now. Lots of interest and inbound residents
2. Pent up Buyer pool will firm up prices once they start moving off the sidelines.
This from the Portland Real Estate Outsider, via the RMLS……I’m not sure if Mt. Hood includes the Columbia River area, but that looks right if you consider just Oregon, and just last year…..January was rough, and I think there’s some trailing effect we haven’t seen yet, but are into now……………
