Getting a home improvement project to pay off is notoriously tricky. There's no guarantee you'll recoup the money you pour into a bathroom remodel or an outdoor kitchen. Plus, the COVID-19 pandemic
Home Buyers Get Thrown A Closing Costs Bone In Multnomah County
Dated: January 26 2016
Views: 538
Low inventory. Skyrocketing prices. Bidding wars.
It's not been a pretty scene for prospective homebuyers in Portland in recent times. But new data from a New York financial technology company reveal a little something positive for buyers in the metro region.
Enlarge SmartAssets found that closing costs in Multnomah County trailed behind three other… more
ALEXSKOPJE
According to a study from SmartAsset, average closing costs in 2015 were less in Multnomah County than they were in other metro region counties. The study, which measured closing costs as a percentage of median home value at the county level, revealed that the average closing costs in Multnomah County were $3,370.
The median home value, according to SmartAsset, was $270,200.
That ranking puts Multnomah County at no. 4 on the list of top counties for closing cost expenses. Ranking higher on the list were Washington County ($3,397), Clackamas County ($3,447) and, at the top spot, Hood River County ($3,551).
Mark Ross
For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....
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