As a full time real estate principal broker for 28 years, I have been through many market changes. The downturn of 1987, the shock of 9/11, the housing boom of the 2000’s, the Economic Recession of 2008, as well as the fast paced market of the last five years. Home ownership is an essential need for most people. I don’t have a crystal ball but I do know that this “particular moment in time” will pass and we will be back to our normal, healthy real estate market in the Portland area soon.
Take care.
Mj
We all have wonderful spaces to enjoy while we stay in place. During this time think of those who are without homes. Please remember to donate money, food or simple lunches to the homeless through your favorite food bank or charity.
Blanchet House
Oregon Food Bank
Rose Haven
St. Vincent De Paul
Catholic Charities
PPS