PDX Home Prices Up 13% in 2013
Portland’s housing market saw a big boost in prices this year, according to the real estate firm Zillow.
The total value of Portland area homes increased by almost $23 billion this year — or about 13 percent. That’s better than the national average increase of about eight percent…
Oregon Home Prices Up 15%!
The Oregon market continues to recover! Sales are up. Prices are way up!
Read the full story here: http://bit.ly/1fdGAyt
Economists Temper Housing Bubble Worries
The experts predict that home values will continue to rise, but the danger of another bubble is low!
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…
Do You Live in One of PDX’s Hottest ‘Hoods?
Take a look and see if your neighborhood made the list…
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…
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…
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…
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…
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.