In this episode of the Deal Breakdown podcast, hosts Westley and Phong Tran discuss the mid-year real estate market update, reflecting on their predictions from the beginning of the year and analyzing current trends. They explore the impact of interest rates, market uncertainty due to global events, and local inventory dynamics, particularly comparing Clackamas and Multnomah counties. The conversation also delves into the challenges facing the condo market and shifts in buyer preferences, concluding with insights from a recent real estate conference and predictions for the future.

Sound Bites

"The boys are back in town!"

"Buying a house is a long-term investment."

"Buyers are extremely picky right now."