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Chasing the Real Estate Market

I pulled up a listing history in RMLS and found that the listing was first listed at $215,000 in November of 2009 and is now priced at $199,500.  The price has crossed the $200,000 threshold so should see …

Who is the Market?

Who is the market? We all come from different situations and there is no way to know every combination but does this describe you? Every real estate transaction requires a willing and able buyer and seller. You might …

Our Real Estate Market is so ’90s

More bad data for real estate. Property sales are the lowest since 1999. The Bussiness Journal reports, in part: Existing home sales — including condominiums and town homes — dropped in all four regions of the nation, according …

Buy Now?!?

Let’s look and some numbers and see if there is any truth to the statement, “now is a great time to buy if you own a house in this market and want to move up into a more …

Portland’s Rental Market Heats Up

It should come as no surprise that as the real estate market has cooled, the rental market is becoming cut-throat, as reported in the Oregonian. The rental market is sounding more like last year’s real estate market. Come …

Real Estate Market Brought Us Great Food

The New York Times discusses Portland’s food scene. Some of our local top chefs were interviewed and an underlying theme of the story is that real estate prices helped bring top talent to Portland.

Readers Rate Portland Real Estate Market

I just removed last week’s poll and put up a new one. Last week’s results surprised me in that I expected readership to take a gloomier view than they did. Yesterday, the Oregonian ran a story titled “What …

Starbucks & Portland Real Estate

Your guide to investing in Portland real estate… Who has the best real estate investment advice? Starbucks? That may be a stretch but let’s take a look at the logic before discounting it. Major corporations do massive amounts …

Portland Monthly Tidbit

Portland monthly runs a footer called “PDX Index” across the bottom of the “mudroom” department each month. This month has a couple real estate related figures (pg 30).

Buyers Returning to Market

From our Realty Times Newsletter: Home sales appear to be bottoming out with lower home prices attracting buyers in many areas of the country, according to the National Association of Realtors. David Lereah, NAR’s chief economist, said the …