Tigard is a city in Washington County, Oregon. Tigard is the state's 11th largest city. The Tigard Festival of Balloons is one major event in the city.
The Tigard real estate market is growing rapidly. New homes are being built in Tigard at a staggering
pace. Much of this Tigard real estate is built with foreign buyers in mind.
Currency exchange rates have made buying real estate in Tigard and the US
in general much more favorable in the last few years.
Over the last several month real estate prices in Tigard has begun to soften
a bit. The softening market has prompted some sellers to increase incentives
to sales agents and buyers, ranging from increasing sales commissions to
reducing pricing. Many believe this presents an opportunity to scoop up
hot Tigard homes at reduced prices.
The reasons for the cooling market include mortgage rates than are beginning to move higher, a temporary oversupply of homes, and the property tax consequences of moving to a new home. Many experts and market watchers say the fundamentals underlying Tigard's real estate market remain sound
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