Uncategorized 2020 Economic & Housing Market Forecast
home prices are on the rise Record month for Home Sales in Portland   July ends up a record month for home sales in Portland metro region Aug 17, 2015, 7:40am PDT Updated: Aug 17, 2015, 10:32am PDT Jon Bell Staff Reporter- Portland Business Journal Email | Twitter If July was any indication, Portland's residential real estate market is as hot as it's ever been. According to the […]
Uncategorized 2013: Portland Beats SF and Seattle For Rent Growth People's seemingly boundless hunger to live in Portland, especially its bike-friendly eastside grid, will keep the apartment construction market booming in 2014, a local real estate expert says. But that'll keep rents from rising quite as fast as they have been, he predicted. "It looks like 2014 will again be all apartments, all the time," […]
Local Portland Real Estate Market Portland’s Current Market Trends & Neighborhood Stats   AS THE SPRING home-selling and buying season commences, most good news lies in the future. How far? Nobody knows for sure. Yet if you scan our annual real estate grids with a magnifying glass, positive stories can be found: neighborhoods seeing upticks in value, median ages going down, median income going up. And last […]
Uncategorized Case-Shiller Home Prices Indices     Home Prices Accelerate in January 2013 According to the S&P/Case-Shiller Home Price Indices     US average home prices have increased 7.3% for the 10-city composite  …read full report here  
Uncategorized Happy Valley is turning around When the market crashed, many called the city of Happy Valley "Death Valley" because of all the vacant homes and overgrown yards.  Now, I'm seeing clients that like the lower price per square foot, views of city and mountains, and one of the top school districts in the Portland Area. The prices have remained relatively […]
Uncategorized Home Sales are Up We are seeing a lot of evidence that the market has turned the corner. The sales of already occupied homes on the rise, while the inventory of unsold homes is back at pre-crisis lows. Please visit "market sales trends" page on my website to view each county's latest trends.   2012 home sales: Best in […]
Uncategorized Will the rates stay low? The median list price in PORTLAND, OR this week is $269,000. Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus […]
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Uncategorized Rising Home Prices Happy New Year!   Recently we have been hearing about various levels of the Housing recovery in the news locally and nationally. While it is 100% happening now, the degree and the pace are still really unknown. As I monitor house values in all areas locally, I find real data to support these national reports. […]
Uncategorized Rising Portland Home Prices   I thought you would enjoy seeing a tiny article below that confirms what you are seeing with your own eyes. Prices in Portland are rising. If you want to sell your home, AND it is the right time in life to change your living space, then you must consider two points: There is likely […]
Uncategorized Renters No More Within the last few months I have seen a steady increase in prices and number of multiple offers on properties. I'm seeing more homes selling within a week and with two or more offers.  My feeling is, that we have reached the bottom in most price ranges and will now see more homes coming on the market and selling […]
Uncategorized Homebuilder Confidence is Up U.S. homebuilder confidence reaches six-year peak Published: Tuesday, September 18, 2012, 8:39 AM     Updated: Tuesday, September 18, 2012, 9:03 AM By The Associated Press     The Associated PressHomebuilder confidence is reaching a six year high. Confidence among U.S. homebuilders rose this month to its highest level in six years and many expect the […]
Uncategorized Case -Shiller Home Prices Increase Case-Shiller: US home prices show first annual gain since 2010. Home Price Indices were released and showed that home prices have increased across the country in the past year. Portland area sales is up 3%.  Home prices have now begun to show the picture of a housing turnaround. New construction has picked up and the fact is that […]
Uncategorized Portland area sales up 3% The median sales price in Portland Metro area rose by 7.8% when comparing with July 2012 and July 2011. Are we on way to a recovery? Check out today's article below.   Case-Shiller: U.S. home prices show first annual gain since 2010; Portland area up 3% Published: Tuesday, August 28, 2012, 3:11 PM     Updated: […]
Uncategorized Mortgage rates again hit record lows Your monthly mortgage payment could be lower than you think. Mortgage rates again hit record lows, with 30-year loans now at 3.75 percent Published: Thursday, May 31, 2012, 7:58 AM     Updated: Thursday, May 31, 2012, 7:59 AM By The Associated Press Follow Share Email Print View full size The Associated PressMortgage rates dropped to […]
Uncategorized What is Radon? Protect Yourself & Your Family from Radon   Each of us is exposed to a certain amount of radiation each day, most of which comes from natural sources such as radon. Radon accounts for the largest percentage — more than half — of radiation exposure that the average person in the United States receives.   […]
Uncategorized The Waiting Game – REO Shadow Inventory “The vast majority of repossessed Portland-area homes aren’t up for sale. Instead, more than 80 percent of them are off the market, many vacant and developing maintenance problems that might ultimately take a toll on their resale value if and when they do sell.”     click here to see the article Map of Portland shadow inventory […]
Uncategorized Is Home Buying Cheaper than Renting? Portland has been named as one of the tightest rental markets in the country oregonlive.com In 98 of the top 100 housing markets, buying a home is more affordable than renting, according to the online real estate company Trulia. Only Honolulu and San Francisco buck the trend. There are several reasons: Home prices are falling. […]