Portland Real Estate Market
The Portland real estate market is always changing. It takes a very busy real estate agent, top 1% in Portland, to keep a finger on its pulse.
Bookmark this page for monthly Portland real estate market updates, annual forecasts, Portland condo market updates, HOA reports, Portland population rates, local short sale and foreclosure updates, and more.
If you’re thinking of selling your home in the next twelve months, Stephen would love to tour your home. Call today to set an appointment.
Stephen FitzMaurice, Realtor
1.7% to Sell a Home
Cancel Anytime Policy
Licensed Since 2003
503-714-1111
If you’re considering buying a home in the next twelve months, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.
Kami Price, Realtor
Represented Hundreds of Buyers
Licensed since 2004
503-773-0000
How Portland is Changing Gentrification
Most people define “gentrification” in two parts: First, the influx of middle-class or affluent people to a city triggers renewal, rebuilding and a gain in home prices and cost of living. Then, gentrification forces the previous residents out of the area altogether. Portland is starting to changing that definition (we hope). As a city that […]
Best Time to Sell a House in the Portland Market, 2016 Edition
The Portland real estate market has been improving across the board since 2012. And since being licensed in 2003 I have witnessed consistent – predictable – seasonal changes to the market. The weather, holidays, yard appeal, and the school calendar all have a powerful impact on home selling expectations. In 2015 I sold 57 homes […]
Portland is a Top Ten Real Estate Market in 2016
Zillow released a report last week that squeezed Portland into the #10 spot on the list of what it predicts will be the top-ten hottest housing markets in the coming year. The report takes into account unemployment, income growth and home values, so it’s a little different than the RMLS report we usually look at, […]
Portland Home Prices Rose 10% in 2015
As 2015 draws to a close, no one will be surprised to learn that we had a great year for the real estate market here in Portland. Here’s a look at the latest data: What’s up? In this month’s RMLS report, which gives figures for November 2015 as well as year-to-date stats and comparisons with […]
Portland Real Estate Market – 2015 Fun Facts Mashup
Last month, the Portland Business Journal did an analysis of the RMLS data and came up with the 25 hottest neighborhoods in Portland — by the number of days on the market and the total number of sales per zip code. All numbers are for the third quarter of 2015, aka the summer peak-sales months […]
Portland Housing Market Forecast for 2016
National Real Estate Housing Forecast for 2016: Zillow Research – 2.4% increase Kiplinger – 3% Corelogic – 4.7% Freddie Mac – 5.1% Portland, Oregon Housing Market Forecast for 2016: Zillow Research – 5.8% Four reasons why home prices will increase nationally in 2016: 1. Consumer confidence rates continue to increase without signs of slowing […]
Portland Streetcars Boost Real Estate Development
“What’s old is new again,” could be the unofficial motto of the Portland Streetcar. While nostalgia plays a big role in its appeal, the bottom line for busy Portlanders is that the streetcar will get you where you need to go. The proof is in the pudding: The Real estate development along those Portland routes […]
Most Popular Home Types In Portland
Ranch, bungalow, modern; townhomes rowhouses and lofts — Portland has all the options. Ever wondered how we stack up to other metros? The Washington Post breaks it down in a city-by-city housing comparison showing the most popular home types for major US cities. A city’s housing mix says a lot about its culture, although the […]
Portland Real Estate Nearly Stronger than Pre-Recession
Federal Reserve policy makers met last month to decide whether to raise the federal interest rate, and their decision to keep it at the near-zero level reverberated through the real estate industry. The rate fell six years ago in response to the crash in the housing market, and the extended period of low interest has […]
Portland Home Demolitions Reveal Asbestos
Like a zombie on Halloween night, a terror has been unleashed on Portland this fall, one that homeowners thought was safely sealed away.While not quite as threatening as the undead, asbestos is a public health threat that hasn’t been well controlled by government regulators. Asbestos, a material that was commonly used in buildings until the […]
Milwaukie: Portland Real Estate’s Next “Hot Spot”?
Portland’s real estate market is definitely hot, and that’s a categorization that supersedes seasonal fluctuations. For the past several years, home values have gone up and demand keeps growing, with homes lasting just a few weeks on market before being snapped up. Now, that heat seems to be spreading to nearby areas. Home buyers are […]
Portland Versus California: What’s driving migration?
The Oregon real estate news sites have been abuzz with renewed angst from Portlanders about the migration of Californians to Oregon’s biggest metro area. From writing angry comments below news articles to actually slapping “no Californians” stickers on real estate agents’ for-sale signs, some people are really having a hard time accepting that someone from […]
July Real Estate Market is HOT in Portland
The Portland housing market was as hot as the weather last month, according to the latest report from the RMLS. What qualifies a housing market as “hot”? If you ask a real estate agent, the first thing he or she will probably say is “low inventory”. It’s supply and demand — when there are fewer […]
Portland Home Buyers are Ready to Retire
Is Portland’s housing market ready to accommodate the coming flood of retirees? According to the U.S. Census Bureau, the number of people 65 and older in Washington County (West Portland and suburbs) grew 24% from 2010-2014. That’s just the leading edge of the baby boom, the majority of whom are going to turn 65 in […]
Is the Urban Growth Boundary Good for Portland Home Values?
What’s the best thing about living in Portland? Some say it’s getting out of Portland! Not only do we have incredible wilderness areas and parks within a day’s drive, out-of-towners are always amazed at how quickly the city vanishes in your rearview mirror. Where’s the sprawl? Thanks to Oregon’s unique land use system, it pretty […]
Portland Foreclosures are Down, But Not Out
“Underwater” sounds like a nice place to be during this Portland heat wave, but if you’re a mortgage holder, that word is enough to give you the shivers on even the hottest day. Fortunately, the latest data from RealtyTrac shows that foreclosures are down. In May 2105, the number of properties that received a foreclosure […]
Stephen was just simply a fantastic realtor to work with in selling our home. If we had another 50 properties to sell, Stephen would be in charge of all of them. He was so professional in handling every detail of our sale, and he was so responsive to every question that came up in the course of our transaction. My wife and I are very thankful that we found Stephen.
Alan
