Is it a good time to buy a home in Portland? Here's the real deal.

"I talk to a lot of people who are holding out for rates to drop to 4% or 5%. That might happen eventually. It might not. What I know for certain is that waiting for perfect rates while prices continue to appreciate can actually cost you more in the long run.

You can always refinance a rate. You can't undo overpaying for a home."