The Portland residential infill project is now live. The high density Portland plan went into effect August 1st, 2021. Initial public comments on the revolutionary, highly contested plan exceeded 15,000. The details of the plan are so extensive, the City of Portland has assigned a dedicated phone number and email for it, and the RIP PDF manual is nearly 300 pages long. Portland Residential Infill Project Map Most of Portland city proper is affected by the RIP plan and most areas will allow a 6,000 sq. ft. Six-plex to be built next to your Portland home. These huge buildings won’t be restricted to busy streets or street corners. One can expect to see them pop up next to any home...
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A 6,000 Square Foot, 35 Foot High, Six-Plex can be built next to Your Portland Home.
September 13, 2021
The Portland residential infill project is now live. The high density Portland plan went into effect August 1st, 2021. Initial public comments on the revolutionary, highly contested plan exceeded 15,000. The details of the plan are so extensive, the City of Portland has assigned a dedicated phone number and email for it, and the RIP PDF manual is nearly 300 pages long. Portland Residential Infill Project Map Most of Portland city proper is affected by the RIP plan and most areas will allow a 6,000 sq. ft. Six-plex to be built next to your Portland home. These huge buildings won’t be restricted to busy streets or street corners. One can expect to see them pop up next to any home...
The post A 6,000 Square Foot, 35 Foot High, Six-Plex can be built next to Your Portland Home. appeared first on Real Estate Agent PDX.
It might feel like a no-brainer to state that professional photos and 3D home tours help homes on the real estate market sell faster and for more. But that might surprise you is just how much more and just how much faster. I’ve been selling homes, licensed since 2003, and my team has completed over 2,000 home sales. Not only will I bring national studies to the table in this article, but I can speak from significant personal experience on the subject. Not all professional photography and not all 3D home tours are the same. I also hope to help bring some useful distinction to both. You might be surprised to learn there are 4 different categories of professional real...
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Professional Photography and 3D Tours Sell Homes Faster and for More
September 10, 2021
It might feel like a no-brainer to state that professional photos and 3D home tours help homes on the real estate market sell faster and for more. But that might surprise you is just how much more and just how much faster. I’ve been selling homes, licensed since 2003, and my team has completed over 2,000 home sales. Not only will I bring national studies to the table in this article, but I can speak from significant personal experience on the subject. Not all professional photography and not all 3D home tours are the same. I also hope to help bring some useful distinction to both. You might be surprised to learn there are 4 different categories of professional real...
The post Professional Photography and 3D Tours Sell Homes Faster and for More appeared first on Real Estate Agent PDX.
The Beaverton Real Estate Market is Cooling Off You can see the fall cooling effect on the Beaverton, Oregon real estate market above in slowly increasing inventory numbers, increasing average days on market, and increasing price drops. The Portland metro real estate market is seasonal and this cooling is expected each fall. The seasonal aspect of the real estate market here is so strong we write an annual report, a month-by-month break down of the best times to buy or sell. Cooling off here is a relative term as the market still favors sellers overall at the moment, but it will continue to soften as we approach the holidays. The Beaverton Real Estate Market September 2021 The Beaverton real estate...
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Beaverton Real Estate Market and Forecast for 2022
September 6, 2021
The Beaverton Real Estate Market is Cooling Off You can see the fall cooling effect on the Beaverton, Oregon real estate market above in slowly increasing inventory numbers, increasing average days on market, and increasing price drops. The Portland metro real estate market is seasonal and this cooling is expected each fall. The seasonal aspect of the real estate market here is so strong we write an annual report, a month-by-month break down of the best times to buy or sell. Cooling off here is a relative term as the market still favors sellers overall at the moment, but it will continue to soften as we approach the holidays. The Beaverton Real Estate Market September 2021 The Beaverton real estate...
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We will have another record high number of real estate agents in the U.S. in 2022. Not all real estate agents are Realtors, but the vast majority are, as the vast majority of licensed Realty companies in the U.S. require all of their licensed real estate agents to also carry a National Association of Realtors membership, both a national and state (and sometimes additionally a Metro or County) Realtor membership. The National Association of Realtors requires its members to abide by a strict code of ethics to better serve and protect the public. Realtor is a membership title while the term real estate agent is for a state-issued license. Different states have different license terms for their licensed real estate...
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How Many Real Estate Agents Are There? 2022 Update
September 3, 2021
We will have another record high number of real estate agents in the U.S. in 2022. Not all real estate agents are Realtors, but the vast majority are, as the vast majority of licensed Realty companies in the U.S. require all of their licensed real estate agents to also carry a National Association of Realtors membership, both a national and state (and sometimes additionally a Metro or County) Realtor membership. The National Association of Realtors requires its members to abide by a strict code of ethics to better serve and protect the public. Realtor is a membership title while the term real estate agent is for a state-issued license. Different states have different license terms for their licensed real estate...
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Portland, Oregon’s crime is rising and that is causing some home buyers to look outside the city for a new place to call home. Portland had 15,288 violent crimes reported in the last 5 years according to the FBI. Before making any decisions about purchasing a new home, it is smart to look at some of the crime statistics for that area. While no one wants to think about crime happening in their neighborhood, it is always a good idea to check which Portland suburbs may be safer than others. If you’re looking to buy a house in Oregon, nationally available FBI collected violent crime data will help you evaluate the neighborhood you’re looking into. This article provides a review...
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Top 5 Safest Portland Suburbs According to the FBI
August 30, 2021
Portland, Oregon’s crime is rising and that is causing some home buyers to look outside the city for a new place to call home. Portland had 15,288 violent crimes reported in the last 5 years according to the FBI. Before making any decisions about purchasing a new home, it is smart to look at some of the crime statistics for that area. While no one wants to think about crime happening in their neighborhood, it is always a good idea to check which Portland suburbs may be safer than others. If you’re looking to buy a house in Oregon, nationally available FBI collected violent crime data will help you evaluate the neighborhood you’re looking into. This article provides a review...
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The Portland real estate market has been on a tear, following a national estate trend for 2021. Portland proper and all metro suburbs are up in price this year from 10% to 20%. See how each Portland suburb market has fared so far in 2021 here. This is after the Portland real estate market was cooling (from 2017 to early 2020) and looked like it would end up cold by 2022. Instead, due of course to the national COVID19 impact, we are predicting a positive increase in Portland housing prices in 2022, and currently, there are no national real estate industry partners forecasting a drop in the 2022 national real estate market. The Portland Real Estate Market Cools in the...
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Portland Real Estate Market Fall 2021 Update
August 27, 2021
The Portland real estate market has been on a tear, following a national estate trend for 2021. Portland proper and all metro suburbs are up in price this year from 10% to 20%. See how each Portland suburb market has fared so far in 2021 here. This is after the Portland real estate market was cooling (from 2017 to early 2020) and looked like it would end up cold by 2022. Instead, due of course to the national COVID19 impact, we are predicting a positive increase in Portland housing prices in 2022, and currently, there are no national real estate industry partners forecasting a drop in the 2022 national real estate market. The Portland Real Estate Market Cools in the...
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Portland, Oregon is a sprawling metro sometimes referred to as the tri-county area. Clackamas, Multnomah, and Washington counties are Oregon’s three most populous, and together they hold nearly 2 million people (1.9). Portland proper in contrast has a population of over half a million, and so most of the population in Portland’s metro area is contained within the expansive tri-county area. Let’s meet our contenders to find out which Oregon county is the best in Portland. Multnomah County This county holds the entirety of Portland proper within its borders, but also extends far to the east, nearly all the way to Mt. Hood. Multnomah has the distinction of hosting Portland downtown, the international PDX airport, and has within its borders...
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The Best County in Portland, Oregon is?
August 23, 2021
Portland, Oregon is a sprawling metro sometimes referred to as the tri-county area. Clackamas, Multnomah, and Washington counties are Oregon’s three most populous, and together they hold nearly 2 million people (1.9). Portland proper in contrast has a population of over half a million, and so most of the population in Portland’s metro area is contained within the expansive tri-county area. Let’s meet our contenders to find out which Oregon county is the best in Portland. Multnomah County This county holds the entirety of Portland proper within its borders, but also extends far to the east, nearly all the way to Mt. Hood. Multnomah has the distinction of hosting Portland downtown, the international PDX airport, and has within its borders...
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Hillsboro has a significant real estate market as it is the second largest suburb of Portland, Oregon following Gresham. The sprawling suburb pops north of Highway 26 and drops south past Highway 8. Hillsboro hosts its own airport, the second busiest in Oregon. Intel has a significant presence here, the Ronler Acres Campus, and there are two massive shopping districts to choose from, Tanasborne and Orenco Station. Want to know more about Hillsboro, Oregon? Check out our recent top 5 things you didn’t know about Hillsboro post. Hillsboro is the Most Diverse City in the State of Oregon No doubt due in part to the growing international Intel corporation and the accessibility of its own significant airport, Hillsboro has the...
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Hillsboro Real Estate Market 2021
August 20, 2021
Hillsboro has a significant real estate market as it is the second largest suburb of Portland, Oregon following Gresham. The sprawling suburb pops north of Highway 26 and drops south past Highway 8. Hillsboro hosts its own airport, the second busiest in Oregon. Intel has a significant presence here, the Ronler Acres Campus, and there are two massive shopping districts to choose from, Tanasborne and Orenco Station. Want to know more about Hillsboro, Oregon? Check out our recent top 5 things you didn’t know about Hillsboro post. Hillsboro is the Most Diverse City in the State of Oregon No doubt due in part to the growing international Intel corporation and the accessibility of its own significant airport, Hillsboro has the...
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Closing costs constitute some of the most opaque parts of the home buying process. As you’re looking to sell, you might find yourself wondering exactly what it is that you owe to the buyer. What do closing costs entail, and who pays for them? We’re here to demystify this process. What Constitutes Closing Costs? When you’re closing on a home from the buyer’s side, you’re likely looking at some serious up front charges, and not just the down payment. Buyers also pay for the inspection and appraisal, and put down earnest money (typically 1% of the sales price in our area). That’s some serious cash! On the seller’s side, expect to pay half of the escrow and owner’s title insurance....
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Should the Seller Pay for Closing Costs? 2021 Update
August 17, 2021
Closing costs constitute some of the most opaque parts of the home buying process. As you’re looking to sell, you might find yourself wondering exactly what it is that you owe to the buyer. What do closing costs entail, and who pays for them? We’re here to demystify this process. What Constitutes Closing Costs? When you’re closing on a home from the buyer’s side, you’re likely looking at some serious up front charges, and not just the down payment. Buyers also pay for the inspection and appraisal, and put down earnest money (typically 1% of the sales price in our area). That’s some serious cash! On the seller’s side, expect to pay half of the escrow and owner’s title insurance....
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The Portland real estate market has been on a wild ride since early 2020. The real estate market here was actually slowing and becoming more affordable back in 2017, and that trend continued until the pandemic hit. Year zero, or 2020, was the most unusual in my real estate career (licensed for 18+ years now in town). 2021 returned to seasonal selling norms (slow in winter, fast in spring, slower in the late summer months), and those market trends look like they will continue in 2022. Every year since 2003 (when I started keeping track) the Portland real estate market has followed the same seasonal trends, even in the previous hottest (2006, 2016) or slowest years (2008-2011). So if you’re...
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2022 Portland Real Estate Market Forecast (Prelim.)
August 13, 2021
The Portland real estate market has been on a wild ride since early 2020. The real estate market here was actually slowing and becoming more affordable back in 2017, and that trend continued until the pandemic hit. Year zero, or 2020, was the most unusual in my real estate career (licensed for 18+ years now in town). 2021 returned to seasonal selling norms (slow in winter, fast in spring, slower in the late summer months), and those market trends look like they will continue in 2022. Every year since 2003 (when I started keeping track) the Portland real estate market has followed the same seasonal trends, even in the previous hottest (2006, 2016) or slowest years (2008-2011). So if you’re...
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