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3101 SW 1st Ave #B | Fantastic Opportunity in Lair Hill | $130,000

Fantastic opportunity in the heart of Lair Hill. Entire lower level commercial condo. Store front commercial zoning allows many uses. Framed in and ready for your finishes. Seller contract available. Client full Photo Slideshow:

Portland Sales Volume Report | August 1st, 2010

776 homes were sold in Portland in June, down from 875 in May. I had predicted 700 sales and was happily surprised to see sales 10% better than expected. Wild cards: June was better than expected but July showings were down as good weather finally came to Portland and people headed out of town for [...]

916 SW King | Huge Downtown Portland Old PDX

I just helped a client sell this wonderful home in the heart of Downtown Portland. Have you thought about buying or selling or know someone else who is? Give me a call at 503.901.8100. I’m here to help with any of your real estate needs and I always appreciate your referrals.

KXL Podcast

This week I talked about how right now is a great time for some people to move up. Skip to the middle for my segment. Listen here

1534 SE Hickory | Historic Ladds Addition Home | $349,000

On one of the most beautiful streets in Ladd’s Addition this home will dazzle you with it’s charm. Warm, cozy, intimate home with a large lot in lovely Ladd’s Addition. Mature gardens, lilacs, apple blossoms, and a fig tree, plus unfiltered southern light for great gardening with alley in the back and detached garage. Inviting [...]

KXL Podcast

This week I talked about how Portland ranks compared to other cities in terms of housing affordability. Skip to the middle for my segment. Listen here

80 Shahala Drive | Cascade Locks Home with Stunning Views | $249,900

Spectacular views of the columbia river. Newer construction featuring laminate floors, stainless steel appliances, master bedroom with a double sink and soak tub with a view, and 2 decks with views of the mountains and river. client full HD Video Tour: Photo Slideshow:

515 SW Westwood Dr | The Britannia Bed & Breakfast | $1,150,000

This majestic home sits on over 1/2 an acre of lawns and rose gardens. Stunning quality throughout with walls of windows, hardwoods, two fireplaces and ornate woodwork. Currently it is The Britannia B&B. Continue as a B&B or convert back to a wonderful residence. client full HD Video Tour: Photo Slideshow:

Portland Inventory Report | July 19th, 2010

Summer brings balance to the market With inventory hovering around the 7 month mark it is fair to say that the Portland Metro is in balance. Although a balanced market it is still hard to read. Even though time on market and inventory are at new lows and interest rates are at historic lows [4.375% [...]

KXL Podcast

This week I talked about how having a garden can give you an edge over the competition when selling your home. Skip to the middle for my segment.Listen here

Plant a garden – Harvest a sale

It turns out going green does pay in Portland Oregon. For sellers that are wondering what they can do to get an edge over the competition the answer might be right under your feet. Portland realtor Nick Krautter recently completed a survey of homes sold in the last month and came up with interesting results. [...]

KXL Podcast

This week I talked about the signs of recovery in the local real estate market and Oregon’s rate of in-migration. Skip to the middle for my segment. Listen here

21294 SW Roellich Ave | 5 Bedroom Custom Home in Sherwood

I just helped a client buy this wonderful home in Sherwood. Have you thought about buying or selling or know someone else who is? Give me a call at 503.901.8100. I’m here to help with any of your real estate needs and I always appreciate your referrals.

3242 SE 131st Ave | 3 Bedroom SE Home on Large Lot

I just helped a client sell this wonderful home in Southeast Portland. Have you thought about buying or selling or know someone else who is? Give me a call at 503.901.8100. I’m here to help with any of your real estate needs and I always appreciate your referrals.

Sales Volume Report | July 1st, 2010

875 homes were sold in Portland in May, up from 793 in April. I had predicted 900 sales and almost hit the bulls-eye. I estimate that about 30% of closings were due to the tax credit. Wild cards: Big dip in pending sales in May and June will mean a delayed Summer sales peak. Foreclosure [...]

2537 SW 23rd Ave | 4 Bedroom Gresham Home

I just sold this wonderful home in Gresham. Have you thought about buying or selling or know someone else who is? Give me a call at 503.901.8100. I’m here to help with any of your real estate needs and I always appreciate your referrals.

Portland Inventory Report | June 15th, 2010

Metro Inventory Dwindling Even though pending sales dropped in May new listings were also down, the net effect was the lowest inventory so far in 2010. We are now very close to a balanced market. Move in ready homes in the core of the city are selling very rapidly across multiple price points. I had [...]

3422 SE Grant Ct | Old-PDX Home in SE Portland

I just helped someone buy this wonderful home in SE Portland. Have you thought about buying or selling or know someone else who is? Give me a call at 503.901.8100. I’m here to help with any of your real estate needs and I always appreciate your referrals.

Shadow Inventory interview for DJC

I was recently interviewed by the Daily Journal of Commerce about Shadow Inventory. Read the entire article here.

6336 NE 8th | 3 bedroom NE Portland Home

I just helped a client sell this fantastic home in NE Portland. Have you thought about buying or selling or know someone else who is? Give me a call at 503.901.8100. I’m here to help with any of your real estate needs and I always appreciate your referrals.

7103 SE Steele | 2 BD Home in SE Portland

I just helped a client sell this great SE Portland home. Have you thought about buying or selling or know someone else who is? Give me a call at 503.901.8100. I’m here to help with any of your real estate needs and I always appreciate your referrals.

Oregon Economic Update

I recently attended a luncheon where the featured speaker was Tom Potiowsky, Economist for the State of Oregon. Here are a few links to stay up to date on the state economy and also the highlights of the presentation: Twitter.com/or_econanalysis Oregoneconomicanalysis.wordpress.com Oregon.gov/das/oea Inflation? Because we won’t see major employment and income increases we shouldn’t see [...]

Portland Sales Volume Report | June 1st, 2010

793 homes were sold in Portland in April, up from 701 in March. I had predicted 900 sales and the fact that we’re closer to 800 shows the tax credit having a positive, yet not overwhelming effect on the market. Wild cards: The tax credit is over but homes are still selling. Foreclosure numbers have [...]

1818 SE Mullberry | 4 Bedroom Ladds Addition home

I just sold this wonderful home in Ladds Addition. Have you thought about buying or selling or know someone else who is? Give me a call at 503.901.8100. I’m here to help with any of your real estate needs and I always appreciate your referrals.

3164 N Willis | 3 Bedroom North Portland Home

I recently helped a client buy this home in North Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

PSU Quarterly Report

Click here and read away!

Portland Market News

I spoke with the Oregonian the other day regarding the real estate market here in Portland. Inventory has dropped but average prices have been under pressure. Check out the full article here.

2418 N Buffalo | North Portland Craftsman

I recently helped a client sell this home in North Portland. The market is still strong as we head into the Summer. If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and [...]

Portland Inventory Report | May 15th, 2010

Metro Inventory holds ground Inventory held much of March’s positive movement with many people feeling that we are near the bottom of the market. We are now very close to a balanced market. Move in ready homes in the core of the city are selling very rapidly across multiple price points. The expiration of the [...]

4403 SE 66th | 2 Bedroom SE Home

I recently helped a client sell this 2 bedroom home in Southeast Portland. The market is still strong as we head into the Summer. If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.901.8100. I’m here to help you with any of your real estate [...]

1725 SE 51st | Remodeled SE Craftsman

I recently helped a client buy this home in SE Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

Portland Sales Volume Report | May 1st 2010

701 homes were sold in Portland in March, up from 398 in February. I had predicted 500 sales and we’re seeing a much faster start to the year. This March is way better than 2009’s. Wild cards: The tax credit is over but homes are still selling. Foreclosure numbers appear to be stabilizing, more condo [...]

412 NE Beech | Dual Zoned Property in NE Portland

I recently helped a client sell this dual zoned property in NE Portland. If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.901.8100. I’m here to help you with any of your commercial or residential real estate needs and I always appreciate your referrals.

Mortgages, The Fed and European Debt

This week the Fed announced that they will be keeping rates at historic lows for an extended period – in Fed speak that means six months. While this rate has an effect on the mortgage rates it is more closely tied to the bond market. So why is the bond market doing so well right [...]

Referral Testimonial

2424 SE Taggart | Huge SE Craftsman

I recently helped a client buy this home in SE Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

5025 N Hudson | Remodeled NoPo Home

I recently helped a client buy this home in North Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

5526 NE 39th | NE Portland Bungalow

I recently helped a client buy this 3 bd home in NE Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

Portland Real Estate Inventory Report | April 15, 2010

Metro Inventory sheds 40% in one month Inventory saw a sharp drop in March with many people feeling that we are near the bottom of the market. We are now very close to a balanced market. Move in ready homes in the core of the city are selling very rapidly across multiple price points. The [...]

1056 NE Madrona | 2 BD Woodlawn Home

I recently helped a client buy this home in NE Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

3636 NE MLK | Rare CGD Property on NE MLK

I recently helped a client sell this commercial property in NE Portland. If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.748.8206. I’m here to help you with any of your commercial or residential real estate needs and I always appreciate your referrals.

Buyer Testimonial

Mega Open House Weekend

This weekend is your chance to see a TON of homes. On Saturday and Sunday April 10th + 11th the National Association of Realtors is sponsoring the “National Open House Weekend.” Just get in your car and check out some homes! And if you find your dream home give me a call at 503.901.8100, my [...]

5125 SW Martha | Remodeled Ranch in SW

I recently helped a client sell this remodeled home in SW Portland. The market is hot right now with the tax credit deadline looming. If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.748.8206. I’m here to help you with any of your real estate [...]

Listing Testimonial

2418 N Buffalo | Arbor Lodge Craftsman | $275,000

Stunning craftsman on oversized corner lot. Natural woodwork and refinished fir floors. Formal dining with fireplace and built-ins. Original leaded glass windows w/ storm windows. 75 x 100 lot is a gardeners dream. buffalo client full HD Video Tour: Photo Slideshow:

Real Estate Monday | Big news for April

John Ross Auction on Saturday April 11th, 2010 @ 1pm The John Ross will be auctioning off 50 of the remaining 80 units down in the South Waterfront. Click here for everything you need to know and more. We can help you if you’re thinking of buying one of these units. FHA is getting more [...]

Portland Sales Volume Report | April 1st, 2010

398 homes were sold in Portland in February, up from 390 in January. I had predicted 425 sales and we’re seeing a normal start of the year. This February is better than 2009’s. Wild cards: Tax credit expires for sales after April 30th 2010. Foreclosure numbers appear to be stabilizing, more condo auctions should lower [...]

The tax credit gold rush is on!

With 33 days left to qualify for the first time homebuyer tax credit we’re going to see a rush of pending sales. While some buyers are patiently looking for just the right home, many people will be increasing their activity in their search to find a place and get the tax credit. One of the [...]

John Ross Auction and other Portland News

The John Ross in the south waterfront neighborhood will be auctioning off 50 of their remaining condos in April. Click here for details, this is the best resource I have found. MGIC takes Portland off its declining market list! MGIC is one of the major mortgage insurance companies and this is a significant move. Anyone [...]

Portland Inventory Report | March 1st, 2010

Inventory Grows Inventory has begun to creep up throughout much of the metro area and is headed back to a balanced market from a sellers market. Prices for move in ready homes in the core of the city are holding value. The big wild card this Spring will be bank owned properties [REO] which usually [...]

4403 SE 66th | Move In Ready SE Bungalow | $169,900

This one will go quick! Move in ready bungalow in Foster/Powell with large fenced yard. Very large master bedroom and classic archways in living/dining. Well maintained home perfect for a first time buyer or any urban gardeners. SE 66th client full HD Video Tour: Photo Slideshow:

6325 NE 35th | 4 BD/3 BA home in Northeast

I recently helped a client sell this completely remodeled home in NE Portland. Things are heating up with spring right around the corner and great deals all over town. If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.748.8206. I’m here to help you with [...]

PORTLAND SALES VOLUME REPORT | FEBRUARY 2010

390 homes were sold in Portland in January, down from 593 in December. I had predicted 400 with the normal sales slow down of the holiday season. This January is just slightly better than 2009’s. Wild cards: Tax credit has been extended to April 30th 2010 and new move up buyer tax credit added. Foreclosures [...]

PSU Quarterly Report

Without further ado, click here for the PSU Real Estate Quarterly Report.

7408 SW Oak | SW Portland Duplex

I recently helped a client buy this duplex in SW Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

Land & Lots.. New Hot Buy?

Are land and vacant lots the new hot buy in Real Estate? Despite the fact that most western states have 2-3 years of lot inventory many investors are betting that the recovery will leave builders with nothing to build on. Who is buying the lots? Right now it’s more of a long term hold so [...]

Now or Later?

I get asked all the time if you should wait or buy now? I think now is a great time! Interest rates under 5% Tax credit is good till April 30th – Close by June 30th FHA loans still only 3.5% down Many people also want to know what I think will happen to the [...]

Portland Real Estate Inventory Report | February 2010

Market maintains strength going into Spring Inventory remains balanced throughout much of the metro area and now favors sellers close in. Prices for move in ready homes in the core of the city should start seeing slight increases in sales price. The big wild card this Spring will be bank owned properties [REO] which sell [...]

Supply and Demand

Supply and Demand are the two things that drive the market. It is the simplest way to see where things are going at any given time and where they might go in the future. Below is a link to a very in depth report on housing supply and demand predictions for the Portland area. Are [...]

Portland Sales Volume Report | January 15th, 2010

593 homes were sold in Portland in December, down from 723 in November. I had predicted 500 and the normal sales slow down of the holiday season but we finished 2009 MUCH better than we started it in January. Wild cards: Tax credit has been extended to April 30th 2010 and new move up buyer [...]

6736 SE Woodstock | Duplex in SE

I recently helped a client buy this duplex in SE Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

3305 SE 84th | 3 bedroom home in SE Portland

I recently helped a client buy this home in SE Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

Portland Inventory Report | January 2010

2010 Starts off Strong Inventory remains balanced throughout much of the metro area and now favors sellers close in. Prices for move in ready homes in the core of the city should start seeing slight increases in sales price. The big wild card this winter will be bank owned properties which sell at a discount [...]

To Refinance or Not?

Rates are fantastic, prices have stabalized and many folks are planning on staying in their current home longer. So the question is should I refinance or not? Reasons to Refi: 1. Lower rate 2. Change from ARM to fixed rate 3. Cash out 4. Divorce or dissolution of a business partnership Reasons to not Refi: [...]

Portland Sales Volume Report | December 2009

726 homes were sold in Portland in November, down from 850 in October. I had predicted 700 and the normal sales slow down in Fall and Winter but October and November show the positive influence of the first time homebuyer tax credit in a BIG way. Wild cards: Tax credit has been extended to mid [...]

5527 N Greeley | Bank Owned Duplex in N Portland

I recently helped a client buy this bank owned duplex in North Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

Q4 2009 PSU Report

The quarterly PSU report is the best source for local market information. Check out the latest one here.

5235 SE 79th | 3 bedroom home in SE Portland

I recently helped a client sell this home in SE Portland. With great deals available and the recent tax credit extension the market is still going strong. If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.748.8206. I’m here to help you with any of [...]

Portland Inventory Report | December 2009

INVENTORY REACHES TWO YEAR LOW Portland metro inventory just hit 6.5 months, a number not seen since August of 2007. Prices for move in ready homes in the core of the city should start seeing slight increases in sales price. The big wild card this winter will be bank owned properties which sell at a [...]

8030 SW Fanno Creek | Bank Owned SW Home

I recently helped a client buy this bank owned home in SW Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

4820 N Houghton | Remodeled North Portland Home

I recently helped a client sell this remodeled home in North Portland. With great deals and the recent tax credit extensionthe market is still going strong. If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.748.8206. I’m here to help you with any of your [...]

1541 SE Maple | 2 bedroom home in Ladds

I recently helped clients sell this 2 bedroom home in Ladds Addition. Winter is right around the corner but the market is still going strong. If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.748.8206. I’m here to help you with any of your real [...]

KXL Podcast

This week I talked about the signs of recovery in the local real estate market and this months surprising inventory numbers. Skip to the middle for my segment. Listen here!

KXL Podcast

This week we discussed first time home buyers, skip to the middle for my segment. Listen here!

Portland Sales Volume Report | November 2009

850 homes were sold in Portland in October, way up from 677 in September. I had predicted 575 and the normal sales slow down in Fall and Winter but October shows the positive influence of the first time homebuyer tax credit in a BIG way. Wild cards: Tax credit has been extended to mid 2010 [...]

Client Party 2009

KXL Podcast

This week we talked about local inventory numbers, skip to the middle for my segment. Listen here!

Money for Foreclosures: PDC's OYO/NSP Now taking applications

PDC will begin accepting OYO Entry Packets between the hours of 9:00 a.m. and 5:00 p.m. on Monday, November 9 at 9:00 a.m. until Monday, November 30 at 5:00 p.m. To be considered for the OYO program households must submit an OYO Entry Packet to PDC prior to the deadline. Once the deadline has passed [...]

First time home buyer tax credit is extended and expanded

The first time home buyer tax credit was extended and expanded today which is great news for potential buyers. Please give me a call at 503.901.8100 if you’ve been thinking about buying or know of anyone else that would like our help. The new deadline is April 30th, 2010 so nows the time! Here are [...]

City approves "Treebate" program

In an effort to reduce stormwater runoff and improve local watershed health the city has passed an initiative that encourages people to plant more trees. For each native tree you plant before May 1, 2010 the city will give you $50 off your sewer bill, with a 10 tree limit you could potentially save $500 [...]

KXL Podcast

This week we talked about the possible tax credit extension. Skip to the middle for my segment. Listen here!

Tax Credit Extended & Expanded

Breaking News: Homebuyer Tax Credit Set to be Extended and Expanded! Earlier this week, the U.S. Senate unanimously passed an extension and expansion of the homebuyer tax credit. This morning, the House of Representatives approved the agreement reached in the Senate by a vote of 403-12. The bill has now passed both chambers and is [...]

Homebuyer tax credit extension? Money for move-up buyers?

I’m writing this to answer all the rumors out there about the first time home buyer tax credit extension. Right now you still need to close by November 30th, 2009 The proposed new bill would extend that to being in contract by April 30th, 2010 and closing prior to June 30th, 2010. The new bill [...]

Portland Inventory Report | November 2009

PORTLAND INVENTORY STABILIZES Over the last few months the Portland metro inventory has been hovering in the seven month range. While this is slightly higher than a balanced six months, prices have seen a slight increase. Expect inventory to go up over the winter and prices to come down as more banks sell property at [...]

302 NW Albemarle | 3 bedroom home in NW with views

I recently helped clients sell this 3 bedroom home in NW Portland with incredible views of downtown and the river. Winter is right around the corner but the market is still going strong. If you’ve been thinking about buying or selling (or know someone else who is) give me a call at 503.748.8206. I’m here [...]

9723 SE Knight | 3 Bedroom SE Portland Home

I recently helped a client buy this 3 bed/1 bath home in SE Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

KXL Podcast

This week I talked about real estate investors in this challenging market. Skip to the middle for my segment. Listen here!

36725 Eldridge Drive | 3 Bedroom Home in Sandy

I recently helped some folks buy this 3 bed/2.1 bath home in Sandy. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

So you want to invest in Real Estate?

With winter coming and investors flocking back into real estate I wanted to give you my short guide to investing in real estate. Benefits of real estate: 1. Leverage: You can borrow most of the money needed to buy the asset 2. Insurable: Insurance protects your asset 3. Income and Appreciation: If done right you [...]

Portland Sales Volume Report | October 2009

677 homes were sold in Portland in September, down from 723 in August. I had predicted 750 and I’m starting to see the normal sales slow down that happens in the Fall and Winter. Wild cards: FHA increases minimum down payment to 5% in 2010, First time buyer tax credit extended for service people, will [...]

8033 N Seneca | 3 bedroom St Johns Ranch

I recently helped a client buy this 3 bedroom home in North Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

KXL Podcast

This week we talked about how to appeal property taxes. Skip to the middle for my segment. Listen Here!

PDC delays NSP/OYO Program

This is the program that would give qualified folks money to purchase qualified bank owned homes. From the PDC: The Own Your Own Program will not begin accepting applications on October 15. PDC and the City are still going through the approval process. As soon as the application process is finalized, PDC will send out [...]

How to appeal your property taxes

In Oregon, property taxes are assessed for realproperty, machinery and equipment, manufactured structures, business personal property, and floating property. Oregon has an ad valorem property tax system, which means the property taxes you pay are based on the value the county assessor establishes for your property. The assessor estimates the value of most taxable property [...]

KXL Podcast

On this weeks Experts on the 20′s segment I talked about the new program where can receive $50,000 towards the purchase of foreclosed homes. Skip to the middle for my segment. Listen here!

KXL Podcast

This week we talked about tips on selling homes in the fall/winter. Skip to the middle for my segment. Listen here!

Portland Inventory Report | October 2009

PORTLAND INVENTORY PLUMMETS For yet another consecutive month Buyer demand is absolutely devouring the available inventory in Portland. First time buyer inventory, under $250,000, is now under 3 months. Effective first time buyer inventory is now just ONE MONTH. I define effective first time buyer inventory as FHA financeable, non short-sale and under $250k. In [...]

7415 N Greenwich | 3 bedroom NoPo home

I recently helped a client buy this 3 bedroom home in North Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referral

8927 N Leonard | 2 bedroom NoPo home

I recently helped clients buy this 2 bedroom North Portland home. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.