by Nick Krautter | Jul 1, 2016 | Articles, Market Reports
The City of Portland has been making efforts to try to ease the pressure on home buyers and lift the real estate market out of what city officials have called a “housing crisis.” On Wednesday, the City Council passed a 1% construction excise tax that...
by Nick Krautter | May 10, 2016 | Market Reports, Sales Reports
Sales Hold Steady Before Summer 847 homes sold in Portland this April, which is 19 less than March. Think of this as the calm before the storm. Pending sales are pointing to a strong market this Summer. The market is still favoring sellers and promises to keep...
by Nick Krautter | Apr 20, 2016 | Market Reports, Sales Reports
Weeks, Not Months of Inventory The seller’s market got even stronger this month with increased activity taking more homes off the market. In most close-in areas inventory is now 2 weeks which is why homes are selling in many cases in just a couple days. The west side...
by Nick Krautter | Apr 7, 2016 | How to Guides, Market Reports
Huge Jump in Sales 866 homes sold in Portland this March, which is 300 more than February. Home sales are on track to match or exceed the all-time highs set in Summer of 2005. The market is still favoring sellers and promises to keep inventory low even before the...
by Nick Krautter | Mar 16, 2016 | How to Guides, Market Reports
Zero Inventory in Overlook (Again) Zero inventory is usually a theoretical idea but for second time the Overlook neighborhood has zero homes available. This small part of Portland in zip code 97227 highlights the difficulty of trying to buy a home in Portland right...
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