Finance Your Real Estate Investment with an Oregon Hard Money Loan
The past year has been an unprecedented experience as the global pandemic has impacted the way we live, work and play.
Despite early concerns, the real estate industry has proven surprisingly robust. Housing values in markets like the Pacific Northwest have stayed strong and buyers have been undeterred by the “new normal.”
What will the housing market look like as we begin to move beyond the restrictions of COVID safety protocols?
Check out these anticipated post-pandemic real estate trends:
Real Estate Trends Beyond COVID
More listings: Listings in the last year have been tight. Many sellers have put moving plans on hold due to concerns over the pandemic and potential economic fall out. As vaccines become more widely available and restrictions ease, look for a boost in listings as more sellers enter the market.
More construction: Construction remained relatively strong during the pandemic. The National Association of Home Builders expects the year ahead to be even better. New homes being built in markets around the country in turn opens up opportunities for buyers seeking already built homes.
Financial impact: Homeowners who have been economically impacted by the pandemic may be selling in greater numbers in coming months. On a positive note, available forbearance options and the level of equity in today’s homes should help make foreclosures uncommon.
Increased listings and available housing is good news for potential buyers, eager to make a fresh start. And the real estate market will continue to provide a boon to sellers, ready to sell while demand is high.
Have Your Financing Ready with a Streamlined Oregon Hard Money Loan
We’ve been in it together this past year. And we’ll be here for our clients in the year ahead. Gregory M. Russell has helped Oregon real estate investors meet their financing needs for over three decades. We know and understand the Northwest housing market and are here when you need a fast, no-hassle loan service. Our hard money loans are equity based. Unlike traditional lenders, your credit and employment history are secondary. So when you find the perfect property for purchase or need to make upgrades on an existing investment property, you can get money in hand quickly. Complete our online loan request form to learn more or give us a call at 1-888-477-0444. We look forward to connecting!