Economists Temper Housing Bubble Worries

The experts predict that home values will continue to rise, but the danger of another bubble is low!

Read the full story!

Posted on October 22, 2013 at 7:25 pm
Alexis Halmy | Category: Uncategorized

Rent or Buy? The Calculus is Changing in PDX!

While the numbers were on the "rent" side, they are now shifting to "buy" in Portland. Zillow says the breakeven horizon is shrinking to 3 years…

 

Posted on June 11, 2013 at 7:17 pm
Alexis Halmy | Category: Uncategorized

Do You Live in One of PDX’s Hottest ‘Hoods?

Take a look and see if your neighborhood made the list…

 

Posted on June 7, 2013 at 7:13 pm
Alexis Halmy | Category: Uncategorized

PDX Tech Talent Boom Helps Drive RE Market

PDX is one of the hottest new tech markets in the country and that bull market is helping to drive our hot real estate market! Here's why Portland's tech talent boom is good for real estate…

 

Posted on June 4, 2013 at 9:09 am
Alexis Halmy | Category: Uncategorized

Portland’s Real Estate Market Continues to Improve

Most indicators continue to trend positive! This journalist isn't the first to say it — it sure looks like Portland's real estate resurgence has taken hold…

 

Posted on May 28, 2013 at 9:02 am
Alexis Halmy | Category: Uncategorized

8 Home Renovations that Add Value

Here are some great ideas for sprucing up your home and adding value — plus, you can enjoy them in the meantime! Read which home renovations are most recommended…

 

Posted on May 23, 2013 at 6:59 pm
Alexis Halmy | Category: Uncategorized

Congrats to 2100 Newly Above Water Homeowners!

2100 homeowners are now above water again due to the continuing rise in Oregon home prices. 17.7% of homeowners are underwaters as opposed to 18.2% in the previous quarter. The market continues to improve! Read more…

Posted on April 5, 2013 at 10:08 pm
Alexis Halmy | Category: Uncategorized

Flash Sales Put PDX Among Fastest-Selling Markets in USA

Portland ranks among the leading cities for homes that sell in 24 hours or less. Portland ranked 10th in the nation for "flash sales," a measure of the speediness of its residential real estate market.

Redfin Realty, a Web-based real estate firm, reports 115 Portland-area homes sold in less than 24 hours in the past five months, a phenomenon it terms “flash sales.”

“Real estate is just the latest facet of the numbers that has sped up to the point where the biggest purchase of one’s life can be completed in a matter of hours,” Redfin said.

Read the whole BizJournal story.

Posted on April 2, 2013 at 10:04 pm
Alexis Halmy | Category: Uncategorized

PDX Home Prices Up 10%!

From BizJournals.com: Homes sales climbed nearly 10 percent in Portland in January to 1,344, according to new data from the Regional Multiple Listing Service, another sign that Oregon's economy continues a steady improvement. January home sales haven't been that high since climbing to 1,594 in January 2007, the year the housing bubble popped. The average sale price climbed 15.5 percent in the last year to $287,700. The median price climbed 19.5 percent to $248,000.

Posted on March 29, 2013 at 10:01 pm
Alexis Halmy | Category: Uncategorized

Resale Listings Up 29%!

The PDX market is definitely looking up. With more owners putting their homes on the market (willingly), prices moving up, and lots of buyers competing for homes. Read the whole article on OregonLive.

Posted on March 26, 2013 at 9:59 pm
Alexis Halmy | Category: Uncategorized