Blog Stories Current Real Estate Market Update

Current Real Estate Market Update

By Gavin Shettler, June 16, 2018

Portland real estate continues to slow in its inflation of home values. The peak of the hot housing market seems to be the spring of 2016. Since then, we have seen much more reasonable increases in year over year home value—much closer to 6% than the crazy times of 12%-16% year over year. It is a good time to buy a house! We are seeing lots of price reductions in listings and homes selling for under list price. Buyers are having a little more time to think about a home purchase as well. Our market is stabilizing which is good for all!

Gavin Shettler

Earth Advantage Principal Broker

I am a residential real estate broker at Living Room Realty serving Portland, Oregon, and the surrounding area. My core beliefs are honesty and integrity, supported by good communication. My role as your agent includes facilitator, negotiator, advocate, advisor, and expert in the Portland Metro housing market. I work with buyers and sellers at all stages of their home owning experience. I am a certified Earth Advantage Broker and Energy Trust Ally. I am a 2015 Five Star Real Estate professional award recipient. I have lived in Portland for over 20 years and love this city. My background is in Arts administration where I first owned and managed a commercial art gallery, then founded and ran a non-profit visual arts center, and last, managed and directed a large housing development of live/work spaces for artists. I live in the Montavilla neighborhood in NE Portland with my wife, Andrea, our daughter Beatrise, our son Augustus, our three cats, Yogi, Charlotte, and Ferocia, and also one small dog named Lucy. Living Room Realty is a leading real estate company that believes in community and connections. We have 120+ agents between four offices in inner Portland, one office in Vancouver, WA, and one office in Manzanita that serves the North coast of Oregon. We provide a wide range of services beyond residential real estate including rental management, tenant placement, and commercial real estate. Living Room is one of the only real estate companies with B-Corporation status in the nation. The company’s values include integrity, relevance and diversity. Our company was awarded the 2014 Business in Ethics Award for all small businesses in the state of Oregon. Gavin Shettler Principal Broker gavin@livingroomre.com 503-481-7450 Cell Assistant: Rose Romanick rose@livingroomre.com
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  • T: 503-481-7450
  • F: 503-961-8224
  • gavin@livingroomre.com

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