- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Answers (3)
- Larry Morris CMPS, "Oregon Mortgages"
- Contributions:45
I actually just updated my ActiveRain post,looking at Sherwood's numbers, and this last month we actually did see a decrease pretty much straight across the board. Nothing significant. It will be interesting to see what happens with all of the First Time Home Buyer closings.
- Larry Morris CMPS, "Oregon Mortgages"
- Contributions:45
Mary - I'm a Sherwood mortgage broker and resident. Sherwood is in an interesting market. The entry level homes are appreciating as more buyers are taking advantage of the 100% financing through the USDA Guaranteed Rural Home Loan program. Many of the homes that are still stagnant are over $250,000, which is just out of the range of most first time home buyers.
If you look closer at the charts, the entry level market AND the luxury homes are appreciating. People with money are seeing the deals and jumping on them. This is artificually driving up the zestimates for the mid range homes.
Newberg has slightly lower home prices as it is just a little farther from Portland.
Let me know if you have any other questions.
If you look closer at the charts, the entry level market AND the luxury homes are appreciating. People with money are seeing the deals and jumping on them. This is artificually driving up the zestimates for the mid range homes.
Newberg has slightly lower home prices as it is just a little farther from Portland.
Let me know if you have any other questions.
- Stephen FitzMaurice, "Top10Percent"
- Contributions:1216
Sherwood homes are not all going up, not according to what I've seen on RMLS. I'm not sure why they are going up in Zillow, but my Sherwood listings are still on the decline.
I know of a number of Sherwood homes that are in good condition. If I knew your price range, number of bedrooms, etc I could help.
I know of a number of Sherwood homes that are in good condition. If I knew your price range, number of bedrooms, etc I could help.
How can prices keep going up in my area when there are no sales?
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.