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Filed Under:Real Estate / Local Market
Posts on Regator:343
Posts / Week:0.9
Archived Since:March 4, 2008

Blog Post Archive

Friday Fun – “If Public Art Could Talk”

Another Portland-y vid from Mike Vogel, this one titled “If Public Art Could Talk“. It’s mostly safe for work. © Ron Ares - visit the author for more great content. [...]

Portland Real Estate Market Activity – July 2011

The Portland metro area real estate review for July is a little more ’same ol’ song and dance’. In other words, like many months, it’s been slow but steady. After hitting its peak in June at 1,958 units, July’s home sales tailed off to 1,709. Another 1,928 homes went sale pending and nearly 3,000 homes entered [...]

Friday Fun: ‘Tiny Portland’

I just love this 1-minute-long, a-day-in-the-life video montage of Portland. Produced by local film maker Mike Vogel. Music by Trevor Bennett. © Ron Ares - visit the author for more great content. [...]

Portland Real Estate Market Report – June 2011

Portland’s real estate is hitting a modest peak in June and July, with results featuring low inventories and steady sales volume. Just under 2,000 homes changed hands in June–34% of those were short sales or bank-owned foreclosures. Another 2,000 or so went sale pending during the month, so expect July closed sales figures to be similar [...]

Portland Real Estate Market Report – May 2011

Reluctant home sellers and picky home buyers make up the new normal in Portland’s real estate market. May’s results show a shrinking inventory (down to 11,825 units or 6.8 months), not so much because they’re being snapped up at a high pace, but because new listing volume is low. Prices are fluttering — the average is down [...]

Portland Real Estate Market Report – April 2011

The spring seasonal lift in real estate activity is underway….. Oh, wait. No it isn’t. For the first couple months of 2011, the Portland real estate market mirrored the performance of 2010. Tax credits fueled a mini-bubble last spring that peaked at 2,050 units sold in May, but this year closed sales have leveled off around [...]

Midcentury modern fans get a Rummer fix

Modern home enthusiasts, take heart. While the popular Street of Eames home tour ended its 5-year run last spring, Atomic Ranch fans can still get their fill of California modernist design with the Rummer/Oak Hills House Tour, scheduled for Saturday, May 21 between 10am and 4pm. Sponsored by the Historic Preservation League of Oregon, the tour features [...]

Distress Properties Comprise 30% of Portland Real Estate Sales

Portland’s multiple listing service RMLS has published a small study on the magnitude of distress sales in the metro area–distress sales meaning short sales or bank foreclosures. This measure is also something that I’ve started tracking...Show More Summary

Find Your Badass Portland Neighborhood

As a Realtor, it’s not uncommon to field questions about which neighborhoods have low crime, good schools, ‘like-minded’ neighbors (either politically or demographically), and other personal preferences. Unfortunately, Fair Housing laws...Show More Summary

Portland Real Estate Market Activity – March 2011

Early spring brought a little mixed news to interested home buyers and sellers reviewing March real estate statistics. Sales volume is up over 1,600 units for the first time since June 2010. The average and median sale prices of a Portland metropolitan home perked up from their February low, gaining 6.8% and 0.6% respectively. The [...]

Portland Real Estate Market Activity – February 2011

(Since it’s already April, I should get caught up on February statistics, you think?) February 2011’s real estate performance featured low(er) median and average sale prices, low inventory absorption, and low inventory to boot. You would have to go back to Q1 2005 to compare median sale prices. Of the February sales, 45% were in the [...]

2011 Portland Tour of Remodeled Homes

Perhaps you’ve reconsidered selling your home due to the recent market dynamics. Perhaps you’ve just decided that staying put is preferable to the anguish and stress of selling, buying and moving. But perhaps the ol’ homestead is getting a little threadbare, or the kidlets are abandoning the nest. Maybe you’ve found a little bank-owned fixer. Now [...]

Portland Real Estate Market Statistics – January 2011

The 2011 Portland real estate year starts with a dive off a short cliff. Just over a thousand homes closed escrow — a fairly typical result for the last few years. But the average sale price ($248,900) plummeted to its lowest levels since May 2004 and median prices ($215,000) were comparable to those in February [...]

NPR Highlights Portland’s In-Migration Puzzle

NPR shared an interesting story outlining the dichotomy of why people are continuing to migrate to Portland despite a lack of employment opportunities and racial diversity. In short, it noted the typical stereotypical responses — outdoor...Show More Summary

Portland Real Estate Market Activity – December 2010

On a somewhat surprising end to 2010, December home sales in Portland perked up, registering the highest number of closed sales since the tax-credit-fueled binge in May/June. For the year, unit home sales were virtually unchanged versus 2009, although the total dollar volume of sales dipped 3.7%. Average home prices slipped 2.7% when compared to 2009; [...]

Portland Real Estate Market Activity – November 2010

The winter slog has hit Portland, and I’m not talking just about the weather. As anticipated, November sales volume for the metro real estate market was light, but steady…sort of like drizzle. The 1,279 closed sales were nearly identical to October’s total. The time-on-market figure climbed to 140 days on average for closed transactions. Available inventory [...]

Portland: A City Where Young People Go to Retire

Fred Armisen pokes fun at Portland and its hipster scene in his new show, Portlandia. (Media link here if video doesn’t appear below.) You’ve got to admit, some of it’s true More clips. © %FIRST Ares - visit the author for more great content. [...]

Searching for Bank-Owned Properties in Portland

In our slow-moving economy, recent home buyers have been particularly price-conscious, guarding against overpaying in what continues to be an unsettled housing market. The past couple years haven’t made the value/price equation any easier...Show More Summary

Portland Real Estate Market Activity – October 2010

Portland’s real estate market begins its off-season with slumping sales and drifting prices. October results show just under 1,300 homes went to new owners throughout the Portland metro area. The 10-year average for October home sales is approximately 2,250 units, so closed sales are well below ‘normal’. Pending sales (homes under contract) sit at 1,632 which [...]

An Ode to Portland

Over the years, I’ve posted links to many reviews of the Portland lifestyle…most penned by a fawning NY Times writer wandering about town for a long weekend or so. This gem, Twice Charmed by Portland Oregon, however, was written by local author Katherine Dunn (Geek Love) for the Smithsonian Magazine. Dunn moved here as a teen [...]

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