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December 4th – Investor Seminar
Nick Krautter and the SellPDX team would like to invite you to an educational and informative workshop on Saturday, December 4th from 11:00am to 1:00pm. In The Millionaire Real Estate Investor workshop, you will learn: – How to develop the mindset of a Millionaire Real Estate Investor – Sound criteria for identifying great investment opportunities [...]
Read More >>Portland Inventory Report | November 15th, 2010
Inventory Stable 10 months Inventory has stabilized around the 10 month mark and closed sales are up slightly. Pending sales are slowing in the Portland Metro area with many zip codes favoring buyers. Even with the metro inventory north of 10 months many close in areas are still at a balance point and some still [...]
Read More >>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
Read More >>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 [...]
Read More >>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 [...]
Read More >>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 [...]
Read More >>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 [...]
Read More >>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 [...]
Read More >>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.
Read More >>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 [...]
Read More >>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:
Read More >>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 [...]
Read More >>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 [...]
Read More >>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 [...]
Read More >>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:
Read More >>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 [...]
Read More >>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 [...]
Read More >>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 [...]
Read More >>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!
Read More >>KXL Podcast
This week we talked about local inventory numbers, skip to the middle for my segment. Listen here!
Read More >>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 [...]
Read More >>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 [...]
Read More >>KXL Podcast
This week we talked about the possible tax credit extension. Skip to the middle for my segment. Listen here!
Read More >>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 [...]
Read More >>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 [...]
Read More >>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 [...]
Read More >>KXL Podcast
This week we talked about how to appeal property taxes. Skip to the middle for my segment. Listen Here!
Read More >>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 [...]
Read More >>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!
Read More >>KXL Podcast
This week we talked about tips on selling homes in the fall/winter. Skip to the middle for my segment. Listen here!
Read More >>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 [...]
Read More >>Portland Sales Volume Report | September 2009
723 homes were sold in Portland in August, down from 823 in July. I had predicted 600 and this is one of those times I’m happy to be wrong! While not quite up to last years numbers this is a good sign considering where we were at a few months ago. Average sold price continues [...]
Read More >>KXL Podcast
Discussion about the current Real Estate Inventory in Portland. Skip to the middle for my segment. Pcast 9-7b
Read More >>KXL Podcast
Strategies for todays competitive market in Portland. Skip to the middle for my segment. Listen here!
Read More >>Portland Inventory Report – September 2009
PORTLAND INVENTORY PLUMMETS 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 Portland only 800 residential active [...]
Read More >>The end of free money?
This morning on my guest spot as the real estate expert on KXL-AM I spoke about my instinct that there is a coming storm for first time buyers or anyone buying in the under $300,000 price range. 1. I think the first time home buyer tax credit will NOT be extended. Right now you have [...]
Read More >>Podcast of my radio show
Loan Changes and Green Building. [skip to the middle of the podcast for my segment] Listen Here
Read More >>New in August: Loan Disclosure Changes
Starting August 1st of this year, the Mortgage industry at large will be operating a little differently… specifically, operating MORE SLOWLY. August first is when the Mortgage Disclosure Improvement Act becomes enforced. Now like many government regulations, its reason for existence is quite noble and good. The reason they have this is to protect borrowers [...]
Read More >>Portland Inventory Report – August 2009
Trend: Inventory of detached homes continues to fall as sales volume increases. Some areas now favor sellers. Homes under $250,000 are selling incredibly fast with the first time homebuyer tax credit expiring in the next few months. Condo inventory has stabilized but I predict prices will continue to fall until there is less inventory. Highlights: [...]
Read More >>Portland Inventory Report – JUNE 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 [...]
Read More >>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 [...]
Read More >>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 [...]
Read More >>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 [...]
Read More >>Does weather affect the market? …and what you can do about it! Part Two
Well – In a word, YES. We are in for a cold week here in Portland and it will 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 [...]
Read More >>What does "Home" mean?
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. [...]
Read More >>The Future: Part 1
What does the future hold? People ask me this all the time and I usually say “I don’t have a crystal ball.” So, in an effort to get the crystal ball everyone is looking for I went to two very cool lectures/seminars. Joel Burslem from InmanNews was the speaker at the first seminar: Web 2.0 and [...]
Read More >>Goose Hollow makes CNN/Money top ten neighborhoods to retire
Congrats Goose Hollow you were just named #9 by CNN/Money in their list of top neighborhoods to retire. Portland keeps showing up on these magazine’s best lists. Lists for walking, riding bikes, nature, music [new indie music capital], and now it’s also a great place to get old. When I first moved to Portland it seemed everyone worked [...]
Read More >>Flannel sheets, Horse races, Sweaters: Fall in Portland… Time to take photos?
It’s that time of year again in Portland; the weather cools, the sweaters and flannel sheets come out of their Summer slumber, and the Horses start racing at Portland Meadows. [I almost broke even!] I wanted to share this photo taken from my office today of NE Seventh Ave. This is one of my favorite [...]
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Keller Williams Realty – Portland Central : 700 NE Multnomah, Suite 950, Portland OR 97232.