Today we’re looking at the Top 10 most expensive areas in the Portland real estate market by zip code. The neighborhoods and communities in each of these zip codes all feature luxury homes, properties with views and all of the
Fewer listings and fewer sales is the theme for winter and spring for Portland in 2017 thus far. … It’s important to note that last years’ spring buying season was stronger than ever and we also do experience seasonal slowing of the market in the winter months prior to spring. What we’re experiencing may be the prelude to another bold move forward in home values or the beginning of the market cooling off a little.
These complex changes in perspectives have led to an asymmetric change in home values, with Portland Realtors noting that homes with high walking scores and close-in bicycle-friendly commutes into the city-center becoming top selling points. Today’s buyers want to be able to walk to independent restaurants, grocery stores and shopping while also having an easy commute to work as well.
Low inventory is reducing the number of short sales in Portland, Oregon in that home owners in mortgage default have a greater ability to sell their property for enough money to cover the mortgage and remain in a positive equity position.
In sharp contrast to Portland’s recent bout of cool, temperate weather, local home values throughout the Portland metro area are continuing their meteoric rise. Properties with views in Clackamas, luxury homes in Happy Valley and country living opportunities in Damascus, Oregon all remain in high demand as the summer 2016 season hits full stride.
Numbers for pending and sold homes throughout the Portland metro area are cooling off with the return of the school year and the end of the (traditionally busy) summer real estate buying season. The seasonal fluctuation of the local Oregon
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
Real Estate Market Report For Portland, Oregon & Surrounding Communities With Portland, OR and many of its surrounding suburbs seeing average time it takes residential homes for sale to sell increasing the market appears to be slowing down. This is
Real Estate Investing: Five points to consider Disclaimer: I am not an attorney. I am not an accountant. This article is not tax advice. This article is not legal counsel. This article is not investment advice. As an Oregon Real
National Housing Market: Luxury Homes Sales Soar, Affordable Homes Falter The volume of homes selling in working and middle-class price ranges is falling dramatically, while at the same time sales of luxury homes are ramping up by very large margins.