For many first-time home buyers, 2017 was tough. It was a year in which many baby boomers stayed put in their larger homes, investors sank money into rental properties, and new construction remained slow. Together, that meant fewer affordable single-family homes especially for those in the market for the very first time.
However, the rest of 2018 is predicted to bring good news. With an increase in building permits submitted at the end of 2017, new construction is expected to increase. According to NerdWallet, the “median estimate has single-family housing starts rising about 8 percent in 2018, to roughly 912,500 new houses.” This means more homes for first-time buyers will be on the market as the year progresses.
If you’re looking for a single-family home, it’s time to talk to call me now. Start the conversation with me early in the year so you can be ready to buy when the time comes. I have information about new construction in your area and can guide you through the process to get you settled into a new home. Call, email, or text anytime!
Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.
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Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors
Direct 503.380.9634, Email- firstname.lastname@example.org
View ALL available Houses on the market on my website.
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