Quote:
Originally Posted by LWJ
Hello,
I was actively looking to move recently and spent a considerable amount of effort on this. I got a pretty good feel for what things were trading for. It seemed nutty.
Then, with the increase in interest rates, I think that a micro-adjustment has happened on pricing. I have seen some decreases come through and new listings seem to be less "shocking."
I am looking in the Portland, OR market.
How are other markets reacting?
|
Been wondering myself if we're going to see prices start to drop due to interest rates climbing. So far, I'm not noticing anything going down. I get a monthly report on my house, and it continues to go up. Keep an eye on Zillow pretty much daily at the surrounding area here, and not seeing any trend down on prices here in Arizona.