MARKET NEWS & LATEST BLOG POSTS

Case-Shiller Home Price Index Update for Portland Oregon - April 2017
The widely watched Case-Shiller home price index published monthly by Standard & Poor’s was released today for the month ending February 2017. There is always a two-month lag time for the data in this report. The index for the Portland Oregon metro area was measured to be 210.9 at the end of February, which means that the average price for a home in this area is up 110.9% from the […] Read More »
SE Portland Real Estate Market Update - April 2017
The SE Portland real estate market finished March with 314 closed sales, which is up from the 239 & 186 closed sales recorded in the prior months of January and February respectively. Of the 314 closed sales in March, 14 were distressed properties (foreclosures/short sales) representing 5% of the closed sales for the month. As of the end of March, distressed properties accounted for 9% of the active listing inventory. […] Read More »
NE Portland Real Estate Market Update - April 2017
The NE Portland real estate market finished March with 207 closed sales, which is up from the 189 & 154 closed sales recorded during the prior months of January and February respectively. Of the 207 closed sales in March, 3 were distressed properties (foreclosures/short sales) representing 1% of the closed sales for the month.  As of the end of March, distressed properties accounted for 6% of the active listing inventory. […] Read More »
Featured Property-550 Smith Dr, Woodburn, OR 97071 | MLS # 17331972 - SOLD!
. Property Overview: Large 5 bedroom/4 bath family home in desirable Smiths Addition neighborhood on huge .25 ac lot backing to city owned greenspace! Updated kitchen w/ custom cabinets, tile countertops & backsplash, stainless steel appliances & large island. Living room on main has a big fireplace & leads to a covered deck overlooking the backyard. Dual master bedroom suites on each level. Master bath on main level has tile […] Read More »
North Portland Real Estate Market Update - April 2017
The North Portland real estate market (which is comprised of the zip codes 97203, 97217 & 97227) finished March with 101 closed sales, which is up from the 66 & 76 closed sales recorded during the prior months of January and February respectively. Of the 101 closed sales in March, 2 were distressed properties (foreclosures/short sales) representing just 2% of the closed sales for the month. As of the end […] Read More »
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