Archive for February, 2008

Case/Shiller Home Price Index posts largest drop in 20yrs… Yet Portland is still going up

February 26th, 2008 \\ Uncategorized

You might have heard the news – it will be on the TV tonight and I wanted to point out the small print that will likely be overlooked by much of the media. For 20 years the Case/Shiller index has tracked the rise and fall of the housing market nationally. Of the 20 areas they [...]

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New online tools help buyers and investors

February 25th, 2008 \\ Uncategorized

I want to share two new tools that I think are going to become widely used by both buyers and investors. 1. Google Street View : This amazing new tool allows to walk around a neighborhood or an entire city virtually. Many of my clients are using this to further explore areas before viewing homes. [...]

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Portland Inventory up + Interest Rates stable = Buyers market? Not so fast….

February 21st, 2008 \\ Uncategorized

News broke this past Friday that inventory had skyrocketed to 12.8 month in the Portland Metro area, the highest level since 2000. For the previous 4 months we’ve been hanging in around 8 months which is just on the buyers side but not too much. The tipping point is considered to be 6 months. Like [...]

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PSU – Center for Real Estate – First Quarter 2008

February 11th, 2008 \\ Uncategorized

For everyone who isn’t satisfied with my one or two page updates I am presenting to you 58 glorious pages of information about the Portland Real Estate Market. The news is good again for us in town as one of the few places still appreciating in the USA. If you’re only interested in residential info [...]

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What does "Home" mean?

February 8th, 2008 \\ Uncategorized

I read an article this morning from one of my favorite columnists, Carol Lloyd, who writes a weekly column called “Surreal Estate.” In the column she talks about a recent study asking children and adults what their “dream” home was. The results?: A place with Love, Family, Good neighborhoods and Good schools topped the list. [...]

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Does weather affect the market? …and what you can do about it!

February 5th, 2008 \\ Uncategorized

Well – In a word, YES. We have had a resoundingly crummy week here in Portland and it has definitely affected the number of people that are getting out there and looking at houses. We’ve also had a very small amount of new listings hit the market in December which means there really isn’t much [...]

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