Comments for Portland Real Estate Blog by the Turner Team Inc.

Comment on Oregon Home Buyer Advisory: Pest and Dry Rot by Charles Turner

Charles Turner — Wed, 16 May 2012 00:45:49 +0000

I’m surprised your home inspector doesn’t do a P&D that is acceptable by the lender.

Comment on Home Inventory Drops More: RMLS Market Action May 2012 by Charles Turner

Charles Turner — Wed, 16 May 2012 00:44:17 +0000

Year to date median $216,200 compared to $215,000 last year and $254,600 this year versus $257,000 last year for average YTD sales price. Both less than 1% difference but I should have clarified.

The headline could be, “Portland Prices Rocket up 2.3%!”

Comment on Home Inventory Drops More: RMLS Market Action May 2012 by John

John — Wed, 16 May 2012 00:11:06 +0000

Why is it when the median price of a home goes from $219,900 in April 2011 to $225,000 it is called “about even” rather than appreciating 2.3%? When it was dropping 2.3% no one reported it as “about equal”.

Also, it is worth noting that the affordability ratio is at an all time high of 183. Portland area families can afford 183% the median home value.

Comment on Oregon Home Buyer Advisory: Pest and Dry Rot by Linda Burns

Linda Burns — Wed, 09 May 2012 00:13:38 +0000

I am a real estate broker shopping around for a pest and dry rot inspection for my client. We have already completed the home inspection but the lender is asking for a p & d.

Thank you

Comment on Portland Real Estate Market Better Than Some by Pat Pflager

Pat Pflager — Tue, 08 May 2012 18:38:58 +0000

Great data and article! It seems Portland and Seattle’s markets are not far off from eachother. The Texas line is definitely interesting.

Comment on Virtual Staging a Home by Juliet Staging

Juliet Staging — Tue, 01 May 2012 12:33:10 +0000

Fantastic article. After reading the comments we realized that most readers might have a misconception of true virtual staging. The people at Virtually Staging Properties only use photos/images of real furniture not digital which can be out of correct sizing parameters.

Comment on Competing in tight markets by Bjorn Button

Bjorn Button — Thu, 26 Apr 2012 15:56:02 +0000

I agree that the real estate market is in favor of the buyer right now. Sellers are competing with foreclosures that are currently flooding the market. Analyst are saying this year or even 2013 will be the bottom out year for real estate.

Comment on Portland Real Estate Market Better Than Some by Matt Fellman

Matt Fellman — Thu, 26 Apr 2012 05:49:03 +0000

The Texas line on the graph is very interesting. A national home inspection message board I frequent has a lot of Texas inspectors and they were all wondering what the fuss was long after we had crashed here (as in, they were staying plenty busy). They’ve been singing a different tune lately, though. For the last year or so things seem to have dried up down there…. at least volume-wise I’d imagine.

As you say, all real estate is local. As a local home inspector my company has seen a HUGE uptick in business starting last fall. But, we’re still pretty far below the “hayday” of 06/07.

Comment on Portland Real Estate Market Better Than Some by John

John — Wed, 25 Apr 2012 17:58:11 +0000

I know…it is just that the paired sales I see don’t match their data. I know they are suppose to match for condition but MANY homes selling these days are in far worse condition than they were a few years ago, especially short sales and foreclosures. I doubt they are able to see those issues.

Comment on Portland Real Estate Market Better Than Some by Mark Davis

Mark Davis — Tue, 24 Apr 2012 22:23:49 +0000

Thanks for shareing the information. I’m really interested in the Real Estate’s Portland market.