Case Shiller September 2008

Case Shiller for September 2008 continued its downward trend.  The Portland index is down to 169.67 compared to August’s 171.93 and a high of 186.51 in July 2007.  September’s mark is at about the same level we had… Read More

“First Time Buyer Tax Credit” Revisited

It’s old news now. The IRS is offering a $7500 tax credit to first time home buyers. Keep reading. If you don’t own and have not owned a home in the last three years, you can take a… Read More

Is Portland Real Estate Selling?

I’m using Prudential Northwest Properties Transaction Platform which gets it data feed from RMLS to search for properties listed in Portland excluding any suburbs.  Between October 1st and October 31st, 2008, 637 properties listed in RMLS sold (864 sold… Read More

RMLS Market Action October 2008

RMLS Market Action for October was just released. Nothing really surprising in the broad numbers. Inventory is up to almost 12 months. Accepted, closed and pending sales are down from this time a year ago. Average and Median… Read More Our New Website.

I’m pleased to announce the launch of of our latest website, It is a targeted Portland Relocation website for those moving to or new to the Portland area but the content is relevant to even the most… Read More

Ready. Set. Rain. Winter Real Estate.

Weather reports this time of year are pretty straight forward in Portland; rain with the chance of more rain and the possibility of more rain, maybe even snow after that. We set our clocks back (we might have… Read More

WSJ Reports on Negative Real Estate Equity

The Wall Street Journal has a semi-interactive map showing state’s homeowner’s negative equity positions across the country. Nevada heads the list at 47.8%. New York is at the other end of the spectrum at 4.4%. Oregon is at… Read More