Summer is over and Fall is here with plenty of cold, rainy wind… and of course, the ubiquitous comparatively sluggish real estate market. I say “comparatively sluggish” because housing in our city is still selling quickly and inventory remains very low by the measures of conventional wisdom.
Home values in Oregon City and Milwaukie seem to have plateaued in recent weeks with, buyer activity slowly tapering off as we move from the busy summer real estate season into the cooling off period typical of autumn. For these
As a professional Realtor in Portland, Oregon people ask me whether or not they should buy a house this year quite often. My answer is that there are many factors to consider and ultimately YOU are the one who has
My sister, Dr. Julie Lockwood Pechacek (PHD, Economics) wrote the following response to my May 8th article on real estate and the economy. Response To May 8th Real Estate Crash Article: I read your article on the economy and the
Increasing home prices combined with increasing poverty may create another economic downturn….. For housing to sustainably go up in cost, American household incomes also need to rise proportionally (average household income has not risen).
Happy New Year to the Portland residential real estate market. And, now that February is coming to a close we’re able to process the numbers for January of 2014 and the numbers look encouraging. Pending sales in January were up
January, 2014 Housing Market For Portland, Oregon. Low Inventory of Residential Single Family Homes Pushing Portland Housing Higher, Realtor’s Data Shows RMLS Residential Property Data released in January 2014 show sustained low inventory throughout 2013. Realtors in Portland, OR note
Portland Real Estate Market Trends Median asking price for MLS Listings has dropped to $274,900 corresponding with the noticeable drop in activity from well-qualified buyers. Often, the start of the school year tends to go hand in hand with home
The Metro Area Housing Market appears to be in a state of flux; with outlying areas still seeing price declines while more centrally located neighborhoods are seeing less declines, or even flat or increasing price trends. The question on many
For this 4th week in August the median asking price for Portland Real Estate Listings was $289,900. And, while median asking price has been rising the average price per square foot has remained steady at $146. This means that median