Beaverton Housing Report
This weeks existing home sale report brings good news tempered somewhat by mixed signals. Let’s look at the good news first. It is a sellers market believed to be inspired by low inventory. Limited supply has given Beaverton home sellers advantage over buyers simply because there isn’t much available for buyers to pick through. That does not give sellers unbridled power to jack prices sky high as bank appraisers and valuation guidelines are tempering this rapid run-up of perceived value. Prices can only naturally appreciate so fast and it appears that another real estate bubble may be in its nascent stages. Would-be investors are to praise or blame for the current run-up of prices and run-down of inventory. When selling a Beaverton home the investor driven price structure can be…