Portland Oregon Real Estate Market Gardner Report: Q4, 2018 Matthew Gardner, Windermere’s Chief Economist, has published his report reviewing market conditions and trends from the fourth quarter of 2018. The full report can be found HERE; in it, Matt mentions that job growth has continued, if at a slightly slower rate. Similarly, home prices have also continued to appreciate, albeit at a slower rate […]
Portland Oregon Real Estate Market Hottest Neighborhoods of 2018 After the real estate market’s 2018 stats have been fully processed, the Portland Business Journal publishes a pair of slideshows. The first is the hottest neighborhoods in the Portland Metro area, which identifies the top 25 zip codes that had the most home sales in 2018. The other slideshow ranks the top 25 zip codes […]
Portland Oregon Real Estate Market 2019 Economic Forecast – Matthew Gardner Matthew Gardner, Windermere’s chief economist and someone we trust to provide an unvarnished look at upcoming market expectations, has published his 2019 forecast in the Seattle Business Magazine. You can read the full version HERE, and we’d encourage you to do so. That being said, we’d also like to specifically highlight his thoughts on the […]
Portland Oregon Real Estate Market Holiday Fun in December! As fall turns to winter and school and work slows down, the holiday season can be a time to brave the cold and have some fun with friends and family. I’ve compiled a little list below of some relaxing winter fun, with links included! The Oregon Ballet Theater’s production of The Nutcracker is always fun! […]
Portland Oregon Real Estate Market A Brief Guide to Hardscaping Autumn has kicked into full gear, which means everything is flavored with pumpkin, belts need to be preemptively loosened for the holiday feasts to come, and the rain has begun to fall in earnest. While the precipitation provides a welcome change to the summer heat, it is accompanied by a renewed need for yard maintenance […]
Portland Oregon Real Estate Market Questions to Ask Your Home Inspector Going to home inspections is one of the most interesting and favorite parts of my job. I’ve learned a tremendous amount about homes, how they are constructed, and how they function. However, for many of my fist time homebuyers, it can be one of the most worrisome times of the home buying process.  Here is […]
Portland Oregon Real Estate Market June 2018 Market Action The RMLS Market Action provides a monthly update of the Portland Metro Area’s market activity, and its June 2018 report was just published. Anecdotally, it feels like we are starting to see a more substantial “leveling off” in the market place, and the latest data seems to support that feeling. Among other statistics, we’re seeing: […]
Portland Oregon Real Estate Market June Update – Bill Grange Real Estate As the summer solstice and 90+ degree weather both mark our transition from spring to summer, we have a few exciting news items to share: Windermere Realty Trust ranked number one in 2017 sales volume in the Portland Metro area! While it is great to work with a company that has so many tools and […]
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Portland Oregon Real Estate Market The Gardner Report- Oregon and SW Washington 1st Quarter Report My favorite local real estate economist, Mathew Gardner, just released his 1st quarter report for Oregon and SW Washington.  I truly appreciate how he can take a complex picture and present it in an understandable and tidy format. Some of his highlights: Oregon added 43,700 new jobs over the past 12 months. First quarter home […]
Portland Oregon Real Estate Market Portland and Low Housing Inventory As Alex and I continue to help buyers navigate the current market, we get a lot of questions on why the market is so skewed towards sellers. Inventory has been historically low in Portland for almost three years. “Months of inventory” is a statistic that divides active listings at the end of a given month […]
Portland Oregon Real Estate Market Relocating to Portland? Here’s a Fun Tool! We wanted to share living503.com, a relocation service from WFG National Title that delineates the Portland and Vancouver metro areas into neighborhood and suburb parcels and provides information about each segment of the cities. For example, there is a dedicated webpage for each of Portland’s 5 quadrants, and each page has subsections covering neighborhoods, amenities, […]
Portland Oregon Real Estate Market Real Estate Market Forecast for 2018 As we move further away from the holiday season, the real estate market has started to grind back into full gear. We have already received several calls from buyers and sellers looking to capitalize on this momentum. If the new year has prompted thoughts of buying our selling, we thought this Washington Post aggregation of […]
Portland Oregon Real Estate Market So You Want to Buy a Fixer-Upper… I often work with clients who, at least in passing, consider purchasing a “fixer” as their home. The advantages are obvious ones: cheaper entry price and a chance to make the home their own. However, fixing up a home can be a costly and time-consuming process without proper preparation. I’ve found a great article I […]
Portland Oregon Real Estate Market Is the “Sell then Buy” Making a Comeback? The Oregonian’s real estate section (see HERE for article) has noted what agents are seeing at the ground level: market times are rising while the housing inventory remains low. Market conditions are still beneficial for sellers, as the low housing supply and rising prices make for a strong sellers’ market. However, the apex of the […]
Portland Oregon Real Estate Market Preparing for Fall Weather Fall in Portland is here! The beginning of autumn is the perfect time to check for home maintenance issues. The weather is mild and the sun still sets late in the day. Here is my checklist – learned over the course of many home inspections! – that I use to check for defects on my […]
Portland Oregon Real Estate Market Happy 100th Birthday to Portland’s Rose Test Garden! Portland’s famous International Rose Test Garden is turning 100 this summer! Perched gently on the West Hills with sweeping views of downtown PDX and Mt. Hood, the garden contains 650 rose varieties spread over 4.5 acres. Per the article from PDX Monthly (found here), there will be a centennial celebration this Saturday, August 26th, from […]
Portland Oregon Real Estate Market Is the Portland Market Finally Shifting? The Portland real estate market has been one of the hottest housing market’s in the nation over the last five years, seeing double digit appreciation in value year-over-year since January 2012. However, the May 2017 Case Shiller report showed an 8.89% appreciation for the previous 12 months. When comparing this to the 9.24% for the […]
Portland Oregon Real Estate Market March 2017 Greater Portland Market Activity As we head into the heart of spring and local temperatures finally on the rise, our local real estate market is heating up, as well (not that it ever cooled off). Portland area Realtors have been praying for more listings to hit the market to help make the prospect of selling one’s home and having […]
Portland Oregon Real Estate Market RMLS Market Action for Portland Oregon – May 2016 In the Portland Metro area, home prices continued to rise year-over-year, with an 11.9% average sales price increase from May 2015 to May 2016. The median sales price rose even more: 13.3%. The average price moved from $342,300 to $383,000, and the median price moved from $295,000 to $334,200. Months of inventory stayed steady at […]
Portland Oregon Real Estate Market Portland’s Home Values are Fastest Growing in United States According to the Case-Shiller Home Prices Indices, Portland’s home values have appreciated by 12% from January 2015 to January 2016, making it the fastest-growing market in the entire United States. This 12% figure is over double the national average for real estate appreciation. This rise in prices is stemming primarily from high demand and low […]