Case Shiller December 2010 for Portland Real Estate

The Case Shiller index lags real time by sixty days so we won’t be able to see if their results match RMLS for Portland real estate January.  The Case Shiller Index dropped from 139.92 to 138.23.  That’s a… Read More

RMLS Market Action January 2011

January 2011 RMLS Market Action for Portland real estate came out today.  There was a sharp spike in inventory to 11.3 months which makes December’s 7.9 months an anomaly in light of the previous month’s inventory levels. Most… Read More

New HAFA Rules Effective Today to Speed Short Sales

Last week on our Facebook Page we ran a contest asking, “what percentage of listings in Portland are short sales?”  The answer is 17.% (and was worth a $15 Starbucks card).  New rules go into effect today that… Read More

Should I Buy or Sell Real Estate Now?

Is now the best time to buy a home? I’m seeing more “buy now” before the market and interest rates climb.  From the looks of current interest rates, at around five percent, we may have seen the bottom… Read More

Happy New Years and Happy Birthday

Today is the first business day of 2011 but we have already been busy with showings, offers and open houses.  We’re looking forward to building on 2010 which was our most successful year to date.  We’re now the… Read More

Oregon Homeownership Stabilization Initiative

Some relief may be coming to Oregon residents that are having a hard time paying their mortgage because of a reduction of income through unemployment or a reduction in employment.  The Oregon Homeownership Stabilization Initiative (OHSI) application window… Read More

Portland Real Estate Case Shiller Report August 2010

Portland, along with 16 of the other 20 areas tracked by the S&P’s Case Shiller report, slid in August to 147.2.  The drop of about a point still leaves Portland at roughly June 2005 pricing and almost at… Read More

Case Shiller April 2010 for Portland Real Estate

Case Shiller for April 2010 came out this morning and Portland saw a bump up from March.  The current report puts Portland real estate prices at 146.25.  That’s up 46.25 points from when the index was reset to… Read More

Goldman Sachs Does Not Love Portland Real Estate

Goldman Sachs Global ECS Research published their “US Economic Analyst” on June 4th and they do not like Portland’s real estate outlook: Our model projects the biggest price declines in Las Vegas, Seattle and Portland, due to high… Read More

Mobile Searching for Portland Real Estate

Want to find out more about the home your just drove by? There’s a website for that. Rather than an app, it will work with all mobile web browsers.  There are lawsuits over patents using the GPS feature… Read More