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Just when you think the housing market is getting better… Bam! Beaverton market gets hit hard!

 

For the last couple months, it has looked like there was hope for the Beaverton home market. Buyers were starting to come out, there were a few more sales than the previous month, and everything was starting to look good.

But, today Beaverton’s little world was rocked. I don’t know what this means for the already fragile housing market, but I’m guessing it isn’t going to help. In fact, with the news we got, I think it will lead to a slough of short sales and foreclosures hitting the market in the next six months.

You see, today one of Beaverton’s biggest employers, Nike, announced it is laying off 500 people. I’m guessing most ofthese 500 are home owners that are now going to be in trouble in a market where there just aren’t a lot of jobs right now.

This could be a good opportunity for home buyers. But I think it is a bad thing for the community as a whole. I’m sorry to all those who lost their job today and if you need any advice on your present housing situation, don’t hesitate to call me, I’m here to help.

Respect Realty LLC (Expect More)

 

At Respect Realty, LLC our agents believe in 100% dedication to client satisfaction.  We specialize in property and land acquisition around the Portland Metro and Vancouver, WA area. We delight in working with first time home buyers and sellers to guide them from start to finish. Our doors are always open and we are always happy to assist you with your real estate questions.

 

Reach out today, we look forward to talking with you!

 

Todd Clark and Seraina Aguayo (Owners of Respect Realty)

Respect Realty LLC (Expect More)

(503)564-3130

info@RespectRealtyNW.com

www.RespectRealtyNW.com

 

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Comment balloon 13 commentsRespect Realty LLC • May 14 2009 05:08PM
Just when you think the housing market is getting better… Bam!…
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