Portland Oregon Real Estate Market

With rates staying low and propping up purchasing power and affordability, we are seeing a lot of first time homebuyers entering the marketplace. As real estate agents, we’ve made a concerted effort to walk first time buyers through the purchasing process, but it’s also important for those new homeowners to be prepared for the actual […]

As of Tuesday 10/1, Multnomah County’s seasonal wood smoke restrictions have taken effect. These restrictions forbid homes and businesses from burning wood on days with already-poor air quality, and these limitations will last for the next six months. The ordinance was passed in February 2018 and is meant to counteract the deleterious effects wood-burning particles […]

Every month the RMLS publishes its Market Action, which highlight’s the previous month’s real estate trends and compares them with year-over-year trends. The full report can be found HERE. For March 2019, the trends display a cooler market than in March 2018, but a warmer market when compared to the previous months. While months inventory has risen since […]

Matthew Gardner, Windermere’s Chief Economist, has published his report reviewing market conditions and trends from the fourth quarter of 2018. The full report can be found HERE; in it, Matt mentions that job growth has continued, if at a slightly slower rate. Similarly, home prices have also continued to appreciate, albeit at a slower rate […]