• Market cooling off a bit, but still ‘red-hot,’ realtor says
    Real Estate

    Market cooling off a bit, but still ‘red-hot,’ realtor says

    Average home sale prices in the Portland area dropped in June PORTLAND, Ore. (KOIN) – Portland’s housing market is showing signs it’s cooling ever so slightly. But even with recent changes, a local real estate agent said it’s still a seller’s market and homes are still being snatched up quickly.  “You can only burn white-hot for so long,” explained Drew Coleman, founder of Opt Real Estate in Portland.  He described the city’s real estate market as burning “white-hot” for the last couple of years and now, he said it’s “red-hot” – meaning it’s still competitive and fast-paced, but not quite as fast and furious as it had been.  ‘In shock’:…

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