2014 housing outlook by Oregonian’s Front Porch

In case you didn’t catch it on Oregonlive.com the Oregonian’s real estate reporter Elliot Njus wrote a good piece on the outlook for buying a home in Portland in 2014. I also happened to be quoted on the topic of the upcoming qualified mortgage regulations. You can read the piece HERE.

Here is a summary:

  • Homebuying will remain competitive especially in the first half of the year.
  • Mortgage rates will rise.
  • Difficulty in obtaining a mortgage will likely be unchanged.
  • Price appreciation will moderate.

I happen to agree with each of these forecasts. Happy New Year!

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