Here are the highlights from my interview on January 9th, 2012 on News Radio 101.1FM KXL on my predictions for the real estate market in 2012.
Q – What will be the number one story on the real estate market this year?
A – I think this is the year Portland hits the bottom and starts to bounce back
Q – What’s different about this year?
A – Inventory is at 3 year lows, a lot of the distressed market has been sorted out and more and more people are investing in real estate again. The mood of agents and clients seems to be decidedly more positive.
Q – Whats your advice to sellers?
A – List now! There is hardly any competition for sellers – especially close in
Q – What is your advice for buyers?
A – You might have to compete with the inventory so low and right now is the time to buy investment properties.