Portland Oregon Real Estate Market

<h1>Portland, Oregon Real Estate Market & Trends.</h1> Talking about the latest Real Estate news for the Portland Oregon area. Whether you are looking to move to Portland, Oregon, buy here or sell your home, you'll find the information you need to get started.

Portland Oregon Real Estate Market Home Improvement…It’s Your Show! It's well documented that the housing recovery has been in full swing since January 2012.  That's when we saw investors start jumping in the housing market, snatching up many of the short sales and foreclosure properties and either flipping them or turning them into rental properties.  Since then, home values have continued to increase and […]
Portland Oregon Real Estate Market Looking for Extra Income??? Here in Portland, ADUs (Accessory Dwelling Units) are popping up all over.  ADU's are an approved, separate living area on your own property.  It can be a converted basement, a converted garage, an addition over a garage, or independant structure on your property.  Not only can you benefit by adding extra monthly income as a […]
Portland Oregon Real Estate Market Renting vs. Buying…Which is Cheaper? As home prices continue to appreciate locally, as well as nationally, it begs the question…Does renting become a more affordable option than buying a home?   Well, in looking at the following interactive map from Trulia,  it currently shows for all 100 of the largest cities in our country it is cheaper to buy than to rent.  http://goo.gl/YLOdcs  It looks […]
Portland Oregon Real Estate Market Protect Your Home from Mold         Posted January 24 2014, 4:26 PM PST Managing Mold: How homeowners can avoid costly mold problems     Whether you are buying or selling a home, mold has become a hot issue. Health concerns and potential damage make mold a red flag for buyers. And even if you’re not planning to […]
Portland Oregon Real Estate Market Only the Shadow Knows… We hear about "Shadow Inventory" all the time in the current real estate market.  What is it and what affect will it have on home prices in 2013/14?  Shadow inventory refers to bank owned homes not currently on the market, homes that have been foreclosed upon, and homes that are delinquent on their mortgage that […]
Portland Oregon Real Estate Market It’s About Time! After five-plus years of negative real estate news, we can confidently say that the Portland market has made the turn.  Unless you're Eeyore, this is a very uplifting report on the Portland real estate scene.  I know the stats can be a bit over the top, but please check out page two and look at […]
Portland Oregon Real Estate Market Is Your Next Home Improvement Project Going to be Worth It? These Top 10 (or should I say bottom 10) may not be worth it in regards to resale value.  However, these stats don't take into account the life enjoyment value.  You are probably not thinking of doing all ten, but there may be one or two you have thought about.  If you have any questions […]
Portland Oregon Real Estate Market Time to Expand Your Home Buying Possibilities “I’m fixin a hole where the rain comes in…”  The Beatles Did you know that there are loans available for home buyers (first time buyers, move up buyers, investors) that allow them to pursue a fixer, or rehab property, and allows them to put the costs of work to be done into the loan itself.  […]
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Portland Oregon Real Estate Market Coming Out From The Shadows In the real estate industry, we hear a lot about "Shadow Inventory."  It's been a buzz phrase since the real estate bubble burst in the fall of 2007.  We read about the abundance of foreclosed or soon to be foreclosed homes just lurking out there, waiting to hit the market.  But, we now hear that this […]
Portland Oregon Real Estate Market A New 3.8% Real Estate Tax??? NOT REALLY…However, starting in 2013, there will be a tax that will impact SOME property sales. There has been a lot of misinformation circulating out there regarding the topic of this new 3.8% tax. It’s not a real estate tax, but it can impact some transactions. It is a tax…so it’s a bit complicated. This […]
Portland Oregon Real Estate Market Up, Up, and Away??? This latest news released from Zillow reports national home sales AND rents were up to their highest levels since 2006. http://goo.gl/28gpz Does this mean we will continue to see appreciation from this point forward? In my opinion, certain economic events will need to occur for this trend to maintain. 1. Employment figures will need to […]
Portland Oregon Real Estate Market Time to buy??? Time to Refinance??? Mortgage Rates Hit All-Time Low…AGAIN! If you are like me, you’ve heard this “song” on the radio before. But for the last three weeks in a row, it’s true!!! There are adjustable rates in the TWO’s! 15 yr loans in the low THREE’s! Did you ever think you would see the day when 5% mortgage […]
Portland Oregon Real Estate Market Great Cities for College Grads! If you have a recent college grad in need of a job, or even have a child currently in school, you may want to forward this list of cities their way. According to CNBC, these cities offer the best opportunities for grads to find jobs, housing, and comfort. Do you have any favorite cities you […]
Portland Oregon Real Estate Market PORTLAND: LOWEST OFFICE VANCANCY RATE IN THE COUNTRY! This is quite an amazing statistic! According to this article from the Portland Business Journal, it hasn’t started to show in higher rent, yet. Maybe in the near future? What do you think? http://goo.gl/EHdTN
Portland Oregon Real Estate Market National Housing Market Improves We have definitely seen a change in demand over the last three months here in Portland, OR, but it also appears to be happening across the country, as well. In the past, as this article states, any improvement was aided by incentives. http://goo.gl/aycK7 This year, however, it appears that increased consumer confidence, low prices, historic […]
Portland Oregon Real Estate Market Portland Market Update Competitive Offer Market We’ve been hearing the “buzz” over the shifting local real estate market these past couple months. Here are some significant factors and data that may help explain just what is happening: Mortgage Rates near 45 year lows Increasing sales figures Steady reduction in residential housing inventory becoming an “inventory crisis” in some […]
Portland Oregon Real Estate Market Oregon 9th in Creation of Green Jobs In all honesty, I thought we’d be higher, but being in the top 10 isn’t bad.  In an analysis by Environmental Entrepeneurs and published by the Portland Journal, Oregon ranks 9th in the U.S. in creation clean energy jobs for the first quarter of 2012.  Conneticut ranked number 1, followed by Illinois and California. Click […]
Portland Oregon Real Estate Market Remember Your Four Legged Friends When Remodelling What once may have been a novelty, is now becoming more common place, especially in pet friendly cities like Portland.  I thought the following link would be helpful to help stir some creativity into your next remodelling plans.  You may want to have a discussion with your canine or feline friend to get there input […]
Portland Oregon Real Estate Market Portland Victorious in Sustainability Survey “We are the Champions, We are the Champions…” Queen  Portland did it again…It probably comes as no surprise that Portland, OR. was recently voted the “Greenest City” in America by readers of Travel and Leisure Magazine.  In looking at 35 metropolitan areas across the country,  public transportation, cleanliness, how many parks per square mile, pedestrian […]
Portland Oregon Real Estate Market Mt. Tabor Ranch Just listed a fabulous 3 BR, 2.5 BA  one-level ranch just steps to beautiful Mt. Tabor Park, Warner Pacific College, restaurants and cafes in Southeast Portland.  Open floorplan, spacious bedrooms, and remodeled kitchen are just some of the wonderful features of this home.  To see more, click on the following link:  http://billgrange.com/listing/OR/Portland/2232-Se-72nd-Ave-97215/12730940