April’s market data is in and the Portland Area Market is still showing strong sale prices and quick movement on the market. Pending sales ended the month at 3,102 with the number of closed sales finishing out at 2,409. New listings rose to 4,210 Supply is still low compared to the high demand for housing.Continue Reading
Category Archives: Real Estate
Portland Metro: Market by the Numbers – March 2019
The Portland metro area market has cooled year over year, but still showed strong gains from this February’s data. With 3,504 new listings, we saw 43.4% increase over February 2019 but 3.9% short of the 3,648 new listings offered last March. Pending sales ended 5.4% below the 2,894 offers accepted last year in March 2018 butContinue Reading
Also posted in #portland, Farmers Markets, Housing, Markert, Oregon, portland real estate
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Portland Metro: Market by the Numbers – January 2019
The Portland area saw an increase in new listings during January with 3,048 new listings, a 22.6% increase over January 2018 and more than double the new listings in December of 2018. Inventory rose in January to 3.3 months and total time on the market to an average of 76 days. As the weather startsContinue Reading
Also posted in Markert, portland real estate
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Sold by Rose City Realtors: Gorgeous Portland Plaza Condo
Finding the right home can be tricky. Sometimes it takes months and months of searching, but when you know, you know. This gorgeous Portland Plaza condo was just sold by Rose City Realtors and we’re so happy to welcome the new owner home. This downtown condo swept us off our feet with its stunning cityContinue Reading
Also posted in Housing, portland real estate
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Plenty of Charm in this Portland Bungalow
This wonderful Bungalow in the Elmhurst neighborhood just sold by Rose City Realtors. A real charming house with an inviting covered porch. The house has lovely hardwood floors on the main level and in the living and dining rooms. The new owners will keep cozy with wood burning fireplace in the living room. Lots ofContinue Reading
Buying in September? Great Idea!
We all know this truth: Portland has been HOT this summer. And you know I’m not just talking about the weather. RMLS statistics revealed that July 2015 boasted the most home sales on record for the Portland Metro area. Despite the seller’s market driving multiple offers, low inventory, and some very weary buyers, Portland isn’tContinue Reading
Also posted in #portland, Housing, Markert, Moving to Portland, portland real estate, Uncategorized
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Energy Star 2011 Welcome Home Sweepstakes
NW Energy Star Homes is holding a “Welcome Home” $25,000 sweepstakes through September. The $25,000 winner could use the money as a down payment or to purchase a new home (whether it’s an Energy Star home or not). Simply:1) Find a Home2) Take a Tour3) Tell NW Energy Star What You Think Contat us to find a participating homeContinue Reading
Also posted in Energy Star, Sweepstakes
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Escrow Tips: Tax Holdbacks
We have moved into the season of Tax Holdbacks. Preparing your clients for this additional financial responsibility is another way to help your transaction flow quickly and smoothly. During the period of September 1st through October 15th, your buyer/borrower’s lender, in most cases, will require a Tax Holdback for the estimated payment of the 2011-12Continue Reading
Also posted in escrow, tax holdback
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OPEN HOUSE Sunday 15th Aug 1p-4p
Also posted in #portland, For Sale, Open House, SE Portland
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HUD Secretary Announces Monetization of Tax Credit at NAR Real Estate Summit
WASHINGTON, May 12, 2009 Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a downpayment. Donovan’s remarks came in an address to several thousand Realtors® gathered this morning at TheContinue Reading
Also posted in Credit, Downpayment, Housing
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Welcome
Hello to you.I will tell you I’m not much of a ‘wordsmith’.I’m much more of a reader.I will from time to time key in on real estate information I think you should know or about a ‘great find’ or fun fact about the city I love, Portland.But for the most part I will post RealContinue Reading