Archive for the ‘home value’ Category

Portland Home Sales up in 2011!

The Portland Home Sales numbers are in and there were 19,682 Portland-area homes sold in 2011. That is a 4 percent increase compared with 2010, according to the Regional Multiple Listing Service. But the median price for the year fell 7.9 percent, to $221,000. The weight from distressed home sales continue to impact our Portland […]

Portland Housing Stats from November 2011

Next week the numbers for December will be released but before we look at those I wanted to take a minute and look back at what was happening with the Portland area Housing Market in November. This also comes after many articles coming out these first few weeks in January saying that the Housing Market […]

Home Prices Continue to fall in Portland!

Yikes. According to the most recent Market Action Report, the average sale price in October 2011 fell 6.5% when compared to the same time last year. Although activity is rising! Closed sales went up 14.1% in October 2011 compared to October 2010 and pending sales saw a rise of 15.1%. With low prices that continue […]

The End is Near?

According to The Wall Street Journal, the study “forecasts U.S. home prices will finally start to turn around by early next year. It forecasts home prices in 384 U.S. metro areas will rise by an average of 2.7% between the first quarter of 2012 and the first quarter of 2013, with 95% of those metro […]

Portland Home Stats

I love a good graph on home values or a pie chart on home types. This particular page is pretty cool. If you click on Portland Home values it takes you to another page where you can choose between all the different neighborhoods in Portland and how they compare to one another. Check it out!

Portland Property Taxes

It’s property tax time! Yay! November is Property Tax month and payments are due November 15th. ┬áPortland homeowners will begin seeing taxes arriving in their mailboxes soon! And get ready because they probably have not declined like you hoped or assumed since property values have declined. This is a popular question/concern among new homeowners and […]