Posts Tagged ‘housing market’

McDonald Group Real Estate Trends: It’s Still a Buyer’s Market in Portland

Wednesday, September 15th, 2010

The latest market report for the Portland Real Estate market shows a steady level of continued price reductions on homes for sale around the Portland Metro area. Back in August we talked here on the McDonald Group Real Estate blog about the Portland Business Journal article stating that thirty-two percent of Portland homes for sale in early summer experienced at least one price reduction, ranking  Portland No. 16 on Trulia’s list of price reductions in America’s 50 largest cities. Those numbers are sticking around.

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Portland Realtor Guide: NEW Buckman Neighborhood Profile at Your Road Map to Home

Friday, August 20th, 2010

Check out the new neighborhood profile detailing the neighborhood of Buckman in Southeast Portland, filled with quirky culture, classic Old Portland homes, and some of the best dining and shopping in town. The Buckman neighborhood is progressive and proud, and provides easy commuting access downtown via the Burnside, Hawthorne, and Morrison bridges. Buckman includes parts of two of the most popular retail districts in town, Hawthorn and Belmont Streets, complete with vintage stores, great brunch spots, and open parks.  Combining the best of urban accessibility and comfortable, small-neighborhood atmosphere, Buckman is quintessential Portland.

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Portland Real Estate Trends: Homeowners Slashing Prices

Thursday, August 12th, 2010

In a report published in the Portland Business Journal yesterday, we learned that thirty-two percent of Portland homes for sale, listed since the beginning of this month, experienced at least one price reduction. That ranked Portland No. 16 on the website Trulia’s list of price reductions in America’s 50 largest cities.

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Pending Home Sales up for 3 Months in a Row. Also a little Real Estate Advice.

Wednesday, June 17th, 2009

happy-dance(No, that is not me in the picture). Below is a link to a recent article referencing the commonly heard of  Lawrence Yun , NAR Chief Economist, stating that the housing market is improving. I can’t speak for other states or cities but I can tell you what we’re seeing in Portland. Homes under $250,000 that are in good condition and located in good areas (especially those in inner NE/SE) are moving. Homes priced under $185,000 are selling even better. In fact it’s become very competitive. Homes above the $300,000 aren’t moving nearly as fast and of course the higher the home price from there the longer to sell. My advice?

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What we’re seeing: Market activity picking up, homes priced right are moving

Friday, May 29th, 2009

We’re seeing lots of new activity in the market and RMLS’ posting of Oregon and Washington lockbox activity numbers shows the increased activity:

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Still waiting to buy a home? Your ship is sailing…

Thursday, May 28th, 2009

Here’s a cartoon that says it all:

falling1

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December 2008 RMLS Market Action Report – My Take

Friday, January 16th, 2009

RMLS released the latest RMLS market action report for December 2008 yesterday and I just posted my take/summation (call it what you will) on our website. Take a peak at it as of course the report is overall negative, sales down, appreciation down etc but there are some positive notes as well primarily in that inventory actually fell last month. Also with the coming inaguration of Obama I think there’s a decent chance to see a market uptick in the numbers for the February report; take a few moments to read my take on it to see why.

Top 10 Best Performing Housing Markets

Monday, September 22nd, 2008

“He who parties the most suffers the worst hangover”.. or something like that.  Regardless, we’ve weathered the foreclosure storm very well!  Portland, According to Forbes.com places Portland, Oregon as #10 in a list (more…)