Archive for May, 2008

What's really going on in your Neighborhood?

Back by popular demand is my second installment of inventories by zipcode. This shows which parts of town and which types of property are selling and which ones are sitting. Inventory is figured in months with 6 months being balanced, less than 6 months favoring sellers and more than six months favoring buyers. If I [...]

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New Portland Report

Spring 2008 Portland Report is now available. We’ll be throwing a party soon to celebrate so stay tuned Spring 2008 Portland Report

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Inventory goes back up in April

News came out that the April inventory of homes in Portland actually went back up to February levels at 10.3 months. I had predicted, based on the activity levels in my office and among my clients that the inventory would continue to trend down. I will be taking a look at how detached homes close-in [...]

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The Next Hot Neighborhoods in Portland

I am often asked the question, “What are the next hot neighborhoods in Portland.” I like answering this question because I feel I have a good take on what makes a great neighborhood. Also, as a Broker that handles commercial real estate, I know many of the developers in town and where they are planning [...]

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PSU – Center for Real Estate – Second Quarter 2008

For you reading pleasure I am sharing Portland State University’s Center for Real Estate’s Quarterly Report. There is very good news for certain close-in home owners – skip to page 62 Report Here

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I'm Buying a new House!

So I thought I’d share my excitement about buying a new home on SE Clinton. I just finished inspections and will be picking a loan program this week. I was reminded of what a big deal it is to buy a house. I was nervous writing the offer, The home is in great shape but [...]

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