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Portland Inventory Report – May 2009

I have put together this localized home inventory report to give context to the metro statistics that often make headlines. Real estate is a local affair and this report 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 [...]

Portland Report for April – May

Hope for Homeowners – Refi and Loan Modification

I’m sure you’ve heard a ton about the Fannie / Freddie refi and loan mod program. The basic idea is that Fannie/Freddie backed or held loans can refi into a 30 year fixed rate at market rate interest rates EVEN IF you owe more on the loan than the home is worth. Info on the [...]

Commercial Real Estate Update

With all the news about the economy and residential real estate I’m sure many people are wondering what is happening with commercial real estate. Commercial is broken up into different sectors: Office, Retail, Industrial, Multifamily. First the good news: Multifamily: Peaked in 2008 locally with investors able to get low interest rates and sellers being [...]

Portland Sales Volume Report – April 2009

Sales volume is a leading indicator for price. To help predict where the market is going I will be publishing sales volume trend reports and pending sales trends. The wisdom is that price follows volume so when you see a market trending higher in sales prices will soon follow up and when sales volume is [...]

Shadow Inventory

I have mentioned shadow inventory a few times on the radio and in other articles and recently the SF Chronicle published a fantastic article about this topic. Shadow inventory is homes that will be for sale [either foreclosures or new construction] but are not on the market. The fear is that there could be a [...]

5265 SE 64th – 2 BD updated home in SE Portland

I recently helped some clients sell this this 946 SF home in SE Portland. Spring is in the air and things are continuing to pick up in Portland. If you’ve been thinking about getting in the mix (or know someone else who is) give me a call at 503.748.8206. I’m here to help you with [...]

1715 SE Ash – Residential Lot

I recently helped some buyers of mine purchase this 50×50 corner lot in SE Portland. It really feels like things are starting to pick up in the close in Portland neighborhoods so if you’ve been thinking about getting in the mix it’s a great time to do it. For the best buyer (and seller) representation [...]

PORTLAND INVENTORY REPORT – APRIL 2009

I have put together this localized home inventory report to give context to the metro statistics that often make headlines. Real estate is a local affair and this report 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 [...]