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Happy Valley Real Estate Action Report

Wednesday, January 16th, 2013

The recent volume of properties sold in Happy Valley has been upbeat with values increasing modestly followed by periods of settling during hints of downward pressure. Like much of the metro area, the number of active listings available on RMLS in Happy Valley remains stubbornly low. Unfortunately, this small increase in value has not been enough to help many distressed homeowners avoid a short sale or foreclosure.

Several factors are keeping real estate down including new appraisal regulations, new loan qualification standards and natural negative buyer sentiment to price increases. Upward price traction has been difficult at best with the amount of distressed properties being a key component in appraisal consideration.

CoreLogic Housing Statistics

CoreLogic of Irvine CA, a company that tracks each resale of the same house in the US, reported today a 0.3 percent increase for the month of November 2012. Nationally CoreLogic expects real estate values to increase about 6% in 2013 however Oregon did not make the top five states experiencing the greatest value gains. The report further states that house values are down 27% from peak 2006.

Happy Valley Market Action Index

This graph shows Happy Valley market action by volume as tracked by Ticor Title Company. Note the activity spike in November along with today’s cooling off rhythm that appears to be similar to the 2008 recession. The question remains as to whether the recent events are signs of healthy market corrections or something worse. The summer 2012 Niday versus GMAC court case has ground the foreclosure process to a halt at the state level which has (temporarily) dried up foreclosure inventory. Now that banks have moved forward to the Judicial foreclosure process the pipeline of REO properties could start to flow again; thereby adding much needed inventory to the marketplace.

Real Estate Market Action Index

Real Estate Market Profile

demonstrates Happy Valley Homes have a market time of 202 days and growing.

Happy Valley Real Time Market Profile

Characteristics per Quartile
Happy Valley is well known for newer, large well-appointed homes.

Price Trends for Happy Valley Oregon

November showed strong results, with the question remaining; which way are things headed?

West Linn Housing Update

Monday, April 23rd, 2012

West Linn, Oregon is one of Portland’s more sought-after suburbs. This suburb offers upscale homes on spacious lots with easy access to nearby downtown Portland and Lake Oswego. Housing Market conditions seem to be improving with decreased inventory although home buyer activity does not appear to be at the level needed to significantly alter prices (this is the opinion of a real estate broker and nobody can 100% predict the future).

home sales and values in portland oregon

home values average portland oregon

Short Sales & Foreclosures Continue to Play Active Role in Market

Negative equity and a job market that continues to languish mean that short sales and foreclosures are still a major part in the real estate market of Portland, Lake Oswego and West Linn. Home Owners who are upside down on their payments have come to rely on our extensive background as Short Sale Realtors experienced in today’s market. Call us and learn more about how our experience can help you sell your West Linn Home today.

Foreclosure Alternatives: 503-473-8001

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Happy Valley Realtors

Friday, January 13th, 2012

Happy Valley, Oregon

Happy Valley Real Estate

Happy Valley Real Estate

Happy Valley is a rapidly growing city found in Clackamas County, Oregon. City is also the state’s largest health-care industry and related business sector, as it is home to Kaiser Sunnyside, Providence Medical Plaza and Offices as well as dozens of related medical businesses. The location of Happy Valley is an ideal one, with close proximity to urban and outdoor areas. There is easy access to major freeways, a large mall, several colleges and universities, and of course the Mt Hood National Forest, Cascade Mountains, Clackamas River and Columbia River Gorge are all close by.  That means, biking, golfing, hiking, boating, fishing as well as shopping and dining are all available for residents and visitors.  These are just a few of the many reasons to seek out a Happy Valley Realtor who can help you find the right home for yourself and your family.

Oregon Home Prices – October 2011

Tuesday, November 22nd, 2011

Oregon Homes for Sale

The latest average Oregon home for sale prices in October 2011 have just been released, and they are as follows:

  • North Portland, $222,700
  • Northeast Portland, $249,200
  • Southeast Portland, $216,100
  • Gresham/Troutdale, $196,400
  • Milwaukie/Clackamas, $230,500
  • Oregon City/Canby, $240,600
  • Lake Oswego/West Linn, $474,800
  • West Portland, $399,100
  • Northwest Washington County, $351,400
  • Beaverton/Aloha, $232,100
  • Tigard/Wilsonville, $274,600
  • Hillsboro/Forest Grove, $228,900

Portland Real Estate

The picture for October was a bit of a mixed bag scenario as the summer purchase season comes to a close. The prices rises that were evident during those warm summer months will mostly likely stop or even fall as is often the case during the winter months. October saw increases in pending sales by more than 15 percent and closes in sales of more than 14%, while at the same time see a sharp delcine in listings over 22%. The new listings rate returns to what has been common over the last year, remains average with closed sales and will see a significant decline in pending sales down to less than 5%. This remains a “buyers market” with Portland real estate prices down over 6% from last year.

To start your Portland metro area home search started work with a Portland realtor with a proven track record and a wealth of quality Portland real estate listings.  They know, ins and outs, the pluses and minuses of each and every city and neighborhood with in, giving you the most insight into your potential choices for your new home.

Oregon City Real Estate

Tuesday, June 28th, 2011
Agents Oregon Realty Co

Oregon City is the oldest city in the State and was also the first town to incorporate west of the Rocky Mountains. With Beautiful historic homes as well as modern subdivisions and a bustling shopping district this town is a great place to call home. Buyers find that their purchasing power goes much farther in this area when compared to other suburbs of the Portland Metro Area. Increased affordability across the housing sector and low interest rates make it a great time to invest in property and buy a home today.

Local History

Rich in history, Oregon City was the first city west of The Rocky Mountains to incorporate. Today it serves as the County Headquarters of Clackamas County. Sensibly enough, the city was founded in the year 1829 by John McLoughlin of the Hudson Bay Company at the confluence of the Clackamas and Willamette Rivers. The site was chosen in order to use Willamette Falls to power a lumber mill. It was also the destination of early pioneers who traveled via the Oregon Trail in the 1840′s-50′s. Those pioneers seeking to claim land had to file in Oregon City; which served as the Territory’s Capital from 1848 to 1851. The local newspaper (The Oregon Spectator) was first published in 1846 and became the first newspaper west of the Rockies. Today the area hangs on to some of its past with historic buildings and homes.

Points Of Interest

Historical Buildings and Homes in the area include The Ermatinger House (dating back to 1845), The McLoughlin House (Founder John McLoughlin’s Personal Residence) and also the Stevens Crawford Museum (a 1908 home featuring 15 rooms and many of its original fittings).

Buying A Home

We are a seasoned team of Real Estate Agents serving the Portland Metro Area and we have the experience to assist you with the entire process toward acquiring the home of your dreams. Now is an excellent time to buy a your own place to live. Home buyers are finding that properties are increasingly affordable and very reasonably priced. Our Clientele appreciate our hard work and superior service and see the difference that savvy agents make. Our clients also appreciate the free use of our Exclusive Portland Real Estate Website. Getting your new home at a price you’re happy with is a vital step toward your future so ensure you work with a team that makes you priority number one. Additionally, today’s smart home-shoppers are also finding out how much they can save with extremely low interest rates and why that makes a purchaser’s money go much further. Be sure to check out the latest home mortgages from FHA (Federal Housing Administration) and Fannie Mae. When you are ready to take the next step in your future and purchase your corner of Clackamas County land be sure to call us directly.

Listing & Selling

As experienced Portland Metro Real Estate Agents we have the knowledge and experience to represent you in Listing & Selling your Oregon City property. We feature Listings and Homes For Sale on our Website and also advertise on 15 other area websites to ensure that our clients’ properties get the market exposure they need to sell right. Our team is made up of Real Estate Brokers (Licensed in the State of OR) within Oregon Realty Company. We are full-time agents who work hard for our clients all over the Portland Metro Area. Call us when you need a team of experienced Professionals to list and sell your property.

Exclusive Portland Real Estate | Clackamas County

As Realtors serving the Portland Metro Area and Clackamas County we understand that clients deserve personal attention and superior service. We also realize that online business, communication and advertising have become increasingly relevant in today’s society. Our Website clients make bold moves into the new century by timely information sellers and buyers as well as industry insiders. We hope you put our site to good use and when the time is right be sure to call us to speak with knowledgeable, friendly professionals who can help you accomplish your Clackamas County and Oregon City Goals.

Dunthorpe

Tuesday, May 10th, 2011

Living In Dunthorpe, Oregon

Willamette River Property

Conveniently located between downtown Lake Oswego and downtown Portland, Oregon. Whether you are looking to take a leisurely hike, a heart-pumping mountain bike ride, or a quick stroll through downtown Lake Oswego, Dunthorpe has you covered. Luxury estates in this neighborhood have been home to basketball legend Clyde “the Glide” Drexler and the founder of Linux computer control systems (Linus Trovalds) in addition to many other notable Portlanders. Area properties feature luscious gardens, peaceful walking paths, and a comfortable lifestyle. Easy commutes to downtown, peaceful estates and fine homes are all part of what makes this area so special.

Location, Location, Location

Elk Rock Garden

Dunthorpe, Oregon is bordered by the Willamette River and Tryon Creek State Park to the east and west. Located west of the Willamette River and a short spell south of downtown Portland, Oregon. The community is mainly residential and offers exquisite estate properties as well as more scaled down luxury homes. Current residents and potential home buyers can agree that the Dunthorpe neighborhood is second to none. Elk Rock Gardens of the Bishop’s Close is a 13 acre estate with English Garden is open to the public 7 days a week. Beautiful Magnolia lined paths with other native and non-native shrubberies grace this estate.

History, Development

Waterfront Homes

Exquisite sprawling private estates have graced the landscape of Dunthorpe, Oregon since the turn of the 20th century. The area is 215 acres acquired by Ladd’s Estate in 1916 is another one of Portland’s early prized planned developments. The prestigious hillside homes are known for their stunning gardens & grounds and a very wide variety of architectural designs.

Portland Real Estate

Sunday, November 14th, 2010

On a daily basis we successfully accomplish Real Estate Short Sales for Oregon home owners. Bruce Lockwood and Richard Lockwood work exclusively for the owner selling client. We do not work for the mortgage company; we work for you to extinguish home owner debt. Foreclosure alternatives are a positive influence on neighborhoods as they provide a seamless home possession transition. We are your Portland OR SFR Specialists. There is no charge to you the selling client for our services.

Distressed Properties | Negative Equity

Distressed Property transactions are complex Real Estate transactions and can and often include multiple mortgage accounts, unpaid property taxes, title lien, and judgment settlements. There is no cost to the Home seller in a short sale for property taxes that are due and past due. Those taxes are an integral part of the seller’s settlement and are paid in full by the mortgage lien holder upon recording.