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12 Oregon homes sold for $200,000 over asking price or more in 2020 - Vimarsana News

12 Oregon homes sold for $200,000 over asking price or more in 2020

12 Oregon homes sold for $200,000 over asking price or more in 2020 Updated Jan 01, 2021; When the number of homes for sale is low and so are interest rates, competing home shoppers wanting a desirable mortgage may offer full asking price or more for a residential property. That’s the case in the Portland area, where the inventory of homes on the market has been minuscule for years and plunged to a record low in November. The seller’s market forces buyers to face bidding wars or wait. More than one in four — 26.9% — of homes in the Portland area sold for more than their asking price ...