Real Estate in Portland, Oregon’s Outer Ring Loses Its Edge as Rates Stay High

When mortgage rates were near historic lows in 2021 and 2022, Portland buyers stretched into the city’s outer neighborhoods to get more house for less money. That trade-off made sense when borrowing was almost free. Now, with rates still elevated, according to Scott Edelman, a Realtor with Sold by Scott, homes on Portland’s edges are […]