Source: Housing Wire —
Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets.
Cannon Beach, Oregon
Located an hour and a half northwest of Portland, the ocean-side community is known for its picturesque beaches and coastline. For this reason, local RE/MAX broker Alaina Giguiere said that traditionally it is a second-home market, so when the COVID-19 pandemic hit two years ago, she was prepared for the worst. “We thought it was going to be a really horriﬁ c year, but I’ve had the best year I’ve had in my 21-year career in real estate,” Giguiere said.