A recent tour of some high end Portland properties prompted me to run some analysis on the Portland hign end market. I viewed a beautiful $2.7M homes and was wondering what the demand is in Portland and what the home would be competing against. I segmented the market in…
Continue reading…Archive for the Market Trends Category
Pricing tip – Know your competition
Pricing a home is a straightforward process but requires research on recently sold properties, market conditions and the homes your competing against. The best way to understand your competition is to put yourself in the buyers shoes and go pretend like your buying a house. The key question is...drumroll...if you looked at all your choices in the neighborhood at your price point, which house would you pick? …
Continue reading…Multnomah Village Real Estate 2010
Click Here to see a Map of Multnomah Village Homes For Sale The Multnomah Village Neighborhood in SW Portland has always been one the most eclectic and sought after neighborhoods on Portland's West Side. The neighborhood has a good balance of commercial and resid…
Continue reading…Pearl District: Million $ Luxury Condos
Homes for sale in the Pearl District range from small and simple, to grand and excessive. It wasn't so long ago that the $1 Million threshold was viewed almost as the 'minimum' to get into the luxury units and/or buildings. Well, gone are the days (at least temporaril…
Continue reading…Portland Suburbs Full of Distressed Properties
The Portland Suburbs of Beaverton and Tigard are full of distressed properties. As of mid-Spetember 2009 more than 20% of the active listings in the MLS are either a short sales (pre-foreclosure) or bank owned properties in these areas. This is roughly 8% higher tha…
Continue reading…Portland Luxury Market Update July ‘09
The luxury home market (over $1M) in Portland is still without a pulse. The month of July was a positive month in Portland Real Estate generally. However, the luxury market is as flat as ever. Jumbo loans are still difficult to get, even though interest rates on jum…
Continue reading…Partially Constructed Homes in PDX
Right now I have some clients who are actively looking for a 'fixer' type of home out in the Happy Valley area east of Portland. However, instead of viewing and inspecting old dilapidated homes like you would normally envision when you think 'fixer,' we're actually …
Continue reading…Something for Everyone in Lake Oswego
Click to View All Lake Oswego Homes For Sale The current inventory of homes for sale in Lake Oswego is amazing. With homes and condos available from just $95,000 on up to $19,500,00, it is safe to say that there is something for everyone in Lake Oswego. The city …
Continue reading…Pearl District Condo Sales: Q1 Results
Click to View All Pearl District Homes For Sale Condo sales in Portland's Pearl District proved to be very slow in the first quarter of 2009. There were well over 200+ active listings in each of the first 3 months of this year. However, the MLS has recorded only …
Continue reading…St. John’s Neighborhood in North Portland
Click to View All St. John's Homes For Sale The St. John's neighborhood in North Portland is becoming well known for its affordable real estate and small-town feel. Over the last 4-5 years the neighborhood has been transitioning from primarily working class to a …
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