Posts Tagged ‘portland 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.

(more…)

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.

(more…)

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.

(more…)

November 2008 RMLS Market Action Report

Monday, December 15th, 2008

RMLS has released the November issue of the Market Action report. The news of course and as expected is not good, we’re continuing to decline with a current inventory of 15 months and closed sales of only 1,041 which is the lowest we’ve seen since 1993! Listings are down as well which is good however the closed and pending sales are down by a higher percentage and we need to see that trend reverse for a Portland real estate market recovery to happen. Take a look at my comments on the market action report here and you can also download the full report to review on your own from that same page.

October 2008 RMLS Market Action – My Summation

Friday, November 14th, 2008

Right around the middle of each month RMLS sends out their “Market Action Report” for the previous month; Octobers market action report just came out today. Each month I do a write up on it, sort of summarizing it and post it on our website. The report and my summation of the report are both now posted.

(more…)

Portland 97202 Ranks #5 For Fastest Selling Housing Market

Saturday, September 13th, 2008

Ranked #5 by BusinessWeek as one of the Fastest Selling Housing Markets….  Zip Code 97202! Of course there are parts of Portland that are a hotter sell than others… anything in the inner NE or SE Portland area is still pretty hot to sell, of course other areas, particularly those that have too much new construction inventory are a slow sell, we can also average in homes over $600,000 in the “slow to sell” category.  Catch a quick read of the article here!