Senior Real Estate Specialist Portland OR | Navigating Senior Home Transitions with SRES® Guidance

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Jenny Quirie Realtor® | Divorce Real Estate Specialist & Senior Real Estate Specialist (SRES®) | Strategic Guidance for Important Life Moves March 5, 2026 Life transitions become more complex as we age. For seniors in the Portland, Oregon area considering a move — whether to downsize, relocate closer to family, or transition into an active adult community or retirement community — the stakes are often higher than they were decades ago. This is not simply a real estate transaction. It is a financial, emotional, and lifestyle shift that deserves thoughtful and specialized guidance. Today's senior population holds a significant portion of our nation's real estate wealth. At the same time, seniors are statistically more vulnerable to financial exploitation, high-pressure sales tactics, and poorly structured transactions. During moments of transition — especiall...

Housing Outlook 2023



What will the new year bring for homebuyers, homeowners and home sellers? Lower or higher home prices? Higher or lower mortgage interest rates? Or a continuation of the overheated pandemic-inspired housing market?

There’s no question that the blistering housing market of the past three years was hard on homebuyers. By October 2022, the average mortgage interest rate for a 30-year fixed is 7.24%, more than double the 3.22% level in January 2022.

According to Fannie Mae, the combination of high inflation, monetary policy tightening, and a slowing housing market is “likely to tip the economy into a modest recession in the first quarter of 2023.”

Many economic forecasters believe housing prices will decline, but that homebuyers shouldn’t fear buying during a declining market. Morgan Stanley predicts a 7% dip in home prices for 2023 that would return housing prices to where they were in January 2022 – 32% higher than prices were in March 2020 when the pandemic began. Economists with Goldman Sachs and Moody Analytics are predicting 5% to 10% declines in home prices, based on lack of homebuyer affordability, slowing housing sales, fewer mortgage applications and a looming recession, however mild.

BusinessInsider.com reports that the Federal Reserve’s overnight rate hikes have raised mortgage interest rates, pushing affordability to new lows, but that a recession could bring interest rates down again. That combined with softer homebuying demand due to inflation and sellers lowering their prices would make spring and summer 2023 great times to buy a home.  

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