The 2020 Portland real estate market is shaping up to be a balanced market with plenty of opportunities for buyers and sellers alike. While we do not expect inventory to increase dramatically, tight inventory has become the norm for the Portland real estate market in recent years. Below is a brief summary of what has […]
November 2019 Portland Market Snapshot
The November 2019 Portland real estate market snapshot is now available from RMLS. What is happening in the market? I find the best way to talk about the market is with photos. So here we go… Active Listings Snapshot The number of active listings has been hovering between the 2017 and 2018 numbers. This market […]
Woodburn, OR Gem is Move-in Ready
*Now Pending* 445 Jana Ave, Woodburn, OR 97071 Terrific move-in ready home in Woodburn, Oregon: 4 bedroom, 2 bathroom home. This home is a true neighborhood gem. It has a sunken living room with a stunning vaulted wood beam ceiling, an open concept kitchen/dining space, and plenty of tranquil outdoor space. The spacious master bedroom […]
Portland, OR – August 2019 Market Action Report
Portland’s real estate cooling trend continues. While inventory remains low enough to term this a “seller’s market,” most in the market realize that buyers have had enough with double-digit increases year after year. Interest rates are refreshingly low, giving buyers more buying power than they have had in the past couple of years. That said, […]
September 2018 Market Data – Cool Town, Cool Fall, Cool Market
All summer long I reminded folks that we are in a “shifting” market. Well don’t let your foot off the clutch just yet. We continue to shift and move and frankly, find balance. What’s down since last September? New listings -1% Pending sales -9.5% Closed sales -14.6% What’s up? Days on market 45 (+7) Months […]
Accredited Buyer’s Representative. Why it Matters.
Me: “I am an Accredited Buyer’s Representative (ABR®)” Everyone Else Ever: [blink, blink, blink] “A what now?” By Danni Duggan I have always been an education nerd. The first truly nerdy moment that stands out in my brain is the day our 2nd grade teacher took us to the school library and I discovered that […]
Is a Cooling Trend Really Such a Bad Thing?
Portland is so cool. It’s the coolest. That’s the buzz about its real estate market as well. Last month saw several articles examining the June 2018 real estate trends. The term “cooling off” became the Portland buzzword of the moment. Ironically, this “cooling off” arrived just prior to 3 successive heat waves that drove many […]
Twilight Open House, Thursday, 8/2/2018 6:00 – 8:00 p.m.
332 NE Roth St, Portland, OR 97211 3 Bedrooms | 2.1 bathrooms | 1,742 SF | Offered at $299,000 Home Energy Score 9 out of 10! Life is Short. Live by the Water. This unit is priced to sell. Steps to the Columbia River and wooded walking trails. Unit has a large, private, gated yard […]
June 2018 Market Data – A “Cooling” Trend?
Remember the good old days of 2012 when we thought that just four months of active market inventory was a whopper of a problem? Fast forward to 2018 and we get positively giddy every time inventory creeps anywhere above two months. The Portland metro area has been toying with inventory below two months more […]
Open House. 302 NE Bridgeton Rd, Portland, OR 97211
When: Saturday, July 21, 2018 1:00 p.m. to 3:00 p.m. Where: 302 NE Bridgeton Road, Portland, OR 97211 2BR | 2.5 BA | 2,124 SF | $419,000 | ML# 18082619 Join us on Saturday at this beautiful waterfront corner unit home in Portland’s sleepy Bridgeton neighborhood. Gourmet kitchen with stainless steel appliances, granite countertops, and […]