About Me
I am a top ranked agent serving the Portland area for over 23 years specializing in residential real estate sales and investments. I created this site as a real estate resource for buyers and sellers who want to be well informed about current inventory and pricing. If you are interested in actively tracking the market, please sign up to receive my daily listing email. We map every new listing each day then update the neighborhood maps. The map is emailed to you...simply click a neighborhood to see the listed properties for sale, complete with pictures, price and address. -
July’s Market Action Report
[SinglePic not found]The July Market Action Report is here. Lake Oswego and West Linn are still holding on to having the highest sale prices, with the average amounting to $469,600. This is paired up with 97 closed sales, a low number when compared with Southeast Portland’s 284 closings.
Overall, Portland’s closed sales surpassed June’s by 8.6%, marking the first time same-month closed sales have increased since April of 2007. Pending sales were up slightly but new listings fell by 8.2%.
To view the whole Market Action Report, click here
Home of the Month
[SinglePic not found]This home is a phenomenal value! The custom built, 3,230 square foot home has a master bedroom on the main floor with a fireplace, granite counter tops, a game room, and a park-like backyard.
There is also an insulated RV garage with a 1/2 bath and a separate apartment with a kitchen, which is perfect for out of town guests. It’s not often you find a home with over 1/2 acre in Lake Oswego for this price! Click here to see the virtual tour and more pictures.
Home Prices in Selected Cities
[SinglePic not found]Check out this link from the New York Times to see how some of the nation’s largest city’s home prices have grown and then plunged since January 1, 2001. As of May 31, 2009, Portland’s home prices are down at -16.3%. We are one point lower than Seattle (-17%) which is a good thing!!! Portland was at an astounding +22.8% during the housing boom in March, 2006…
Still taking a big hit is Phoenix, Las Vegas, and San Francisco, ranking #1, #2, and #3, respectively.
