06Aug 2016 by admin

Gentrification & Portland Real Estate

Real Estate
Changing Lifestyles & How This is Affecting Portland Real Estate Values In a nutshell, close-in neighborhoods with increased opportunities for human interaction and cultural experiences are becoming more popular. Whereas, outlying suburbs that are heavily dependent on transportation by car with less close-by amenities like local shops and entertainment are experiencing a decline in popularity. Real estate located in close-in neighborhoods with easy/fast commutes into downtown Portland have seen more dramatic real estate and rental cost increases when compared to outlying suburbs. Although the reasons for this shift toward more urban living may be self-evident to many, a more in-depth look at the factors that set the stage for this change is very interesting (at least, it's interesting to Realtors in Portland). Looking to buy? If you need to sell…
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15Aug 2011 by admin

Housing Report Portland Metro

Real Estate
[caption id="attachment_2772" align="alignright" width="145" caption="Real Estate Agents Report"][/caption] July 2011 Housing Market | Portland Metro Closed and Pending Transactions both increased in July, 2011 compared against July, 2010. Additionally, inventory of unsold homes was also down in July of this year versus last year. Although, some real estate agents feel that reduced inventory may be partly due to banks putting off foreclosure and the fact that last year the home-buyer tax credit had encouraged more spring buying activity with a corresponding lull in July, 2010 as a sort of Tax-Credit hangover which the market had to correct for with a weaker July and August. With that being said, 21% more residential properties sold in July, 2011 than in July, 2010. In similar fashion, many Realtors are encouraged by the fact…
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10Feb 2011 by admin

Home Values

Portland Real Estate Market
Contact us today to get your Comparative Market Analysis (CMA) on Home Values in Portland Oregon. You'll also hear some Realtors describe CMA as a standing for Competitive Market Analysis; meaning that you the customer will see what competitive properties are listed for in your area. It may be a matter of pointless semantics, but here, we've gone with calling them Comparative Market Analyses because we are comparing similar homes to get an idea of what a reasonable marketing price would be. Home Buyers and sellers alike are very interested in finding out more about local property values. As Realtors with Oregon Realty Company we offer Comparative Market Analysis so our clients can see for themselves what local properties are actually selling for. It's important to note that we are…
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25Jan 2011 by

Portland Oregon Home Values

Portland Real Estate Market
Portland Oregon Home Values have dropped substantially from their peek in 2007. NOW is actually a good time to sell a home. Why? The Wall Street Journal does not see the residential market picking up up any time soon. So, if you plan on buying a new place to live you will be able to take advantage of savings on your purchase which serve to lessen the pain of selling in a diminished economy. The greater Portland Oregon market has experienced not only a drop in total Home Sale Volume but also declining over all Home Values. According to the Wall Street Journal and Case Shiller Report, Portland Oregon Home Values will continue to fall an additional 12% to 20%. Some owners seem to have opted to simply wait out…
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