Oregon real estate out of control

6 Replies

what's up with the house prices in oregon for God's sake? multiple offers on every house and even thousands more than asking price! how are some of these homes even getting past appraisal! where is the justice and regulations to support buyers. no wonder prices are through the roof! who's to blame and someone needs to be accountable!

Econ 101

Supply and Demand!

Blame the strong economy and low unemployment, I'm sure there are some local politicians available to solve those problems.

Originally posted by @Glen Kilgore :
what's up with the house prices in oregon for God's sake? multiple offers on every house and even thousands more than asking price! how are some of these homes even getting past appraisal! where is the justice and regulations to support buyers. no wonder prices are through the roof! who's to blame and someone needs to be accountable!

 What do you propose be done?

It's a sellers market here in PA. I don't even like being a realtor right now because my issue is that, since I've worked with investors when I 'wholesaled', I have the eye of an investor, and walking into these homes, I immediately get a runny mouth, and of course the buyers thank me for pointing things out, but I'll admit, I'm more successful at wholesaling than being an actual agent. I thought I was accomplishing something when I let Real Estate Commission rob my bank account of all the fees, and I still make more money wholesaling, than actual selling. 

If you move somewhere that sucks home prices are a lot less =)

The whole coast is out of control!

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