Summer is in full swing across the Pacific Northwest. The mountain views are clear, the weather is gorgeous, and the real estate market across Southwest Washington and the Portland Metro area is shifting.
Whether you want to upgrade to a new build in Ridgefield, downsize in Washougal, or list your Portland property, the current market actually has a lot to offer.
Selling Your Home? Tap Into That Equity
A lot of folks are holding tight to low pandemic-era mortgage rates. It makes sense. But if your current house just doesn’t fit your life anymore, the massive equity you’ve built up over the last few years can easily fund your next move.
If you are listing this summer, focus on these three things:
- Price it realistically. The wild bidding wars of a few years ago are mostly behind us. We use hyper-local data to price your home to sell—not just sit on the market.
- Turn up the curb appeal. PNW summers are stunning. Keep the yard tight, add some native plants, and make your outdoor spaces look like the ultimate spot for a weekend barbecue.
- Show off the A/C. During July and August, a solid heat pump or central air is a huge selling point. Flaunt it if you have it.
Buying? You Finally Have Options
Good news: we actually have inventory. We are seeing a surge in new construction across Southwest Washington, giving buyers actual negotiating power and room to breathe.
Here is how to get the house you want:
- Get pre-approved. Rates have settled into a new normal. Knowing your exact budget gives you leverage when you are ready to write an offer.
- Look at new builds. Builders in neighborhoods like Felida, Salmon Creek, and up in Ridgefield are churning out beautiful, energy-efficient homes. Many are even throwing in solid buyer incentives to get deals done.
- Don’t drag your feet. Yes, the market is much more balanced now. But turnkey homes in the best neighborhoods still fly off the market. Know your dealbreakers and be ready to pull the trigger.
Let’s Make It Happen
The market has shifted, and navigating it takes local expertise. At Cano Real Estate, we know the Vancouver and Portland neighborhoods inside and out. We will help you crunch the numbers, negotiate the right terms, and get you where you want to be.
Curious about your home’s current value, or want to tour some new listings? Reach out to Cano Real Estate today and let’s get started.