The Most Expensive Homes for Sale in Portland

The average piece of Portland real estate costs an average of under $300,000. If you had ten or more times that to spend on a house these would be some of your option. These homes are currently listed …

Will Southeast Lead Portland’s Comeback?

It doesn’t take long to find two sides that don’t agree (NBA, NFL, US Government) and predicting a real estate comeback is no easier but if there was a front runner I’d be backing Southeast Portland right now. …

More RMLS Market Action 11/09

I had an appointment this morning at a listing just after Market Action was published so only covered inventory in this morning’s post.  Pending sales are up over 2008 but closed sales are down.  That says that more …

RMLS Market Action November 2009

RMLS of Portland just released their Portland real estate market data for November 2009.  Inventory ticked up a little from October’s 6.5 months.  The 9% increase is less than the month on month increase in 2008 but in …

Carbon Monoxide Death in Portland

Portland’s “Arctic Blast” claimed one life yesterday and left a woman in the hospital reports KGW. The cause: carbon monoxide from a natural gas heater that wasn’t vented properly. I wrote this post last year after a family …

Cold Weather Portland Real Estate

I woke up this morning thinking it was colder than normal in our bedroom even though the thermostat is set to run on a program. In a deja vu moment I remember that when it gets below freezing, …

Case Shiller and RMLS Provide Different Views of Portland Real Estate

A couple of weeks ago I took a look at whether RMLS Market Action could help us predict what the trailing Case Shiller report might look like?  The answer was no, at least not as reported.  It was …

Generational Real Estate

The recently released National Association of Realtor’s “Profile of Home Buyers and Sellers” reveals that the median age of a buyer is 39 (30 for first time buyers and 48 for repeat buyers). The median age of a …

Tenant Rights for Foreclosures in Oregon

We often hear of the “Shadow Market” of homes that are not in the Portland real estate market statistics reported; there is a large inventory of home out there waiting to be listed. Other factors of a “shadow …

Thanksgiving Wishes and Safety

It’s been four years since the roofers caused a fire at our house on Thanksgiving. Thankfully the house was still in the remodeling stage, we weren’t living there and nobody was hurt. The sounds of the fire department …