Portland Real Estate Paper

Your source for updated Portland real estate market news and insights. We prepare annual Portland housing market forecasts twice a year, write an annual best month of the year to sell articles, give regular updates on market conditions for buyers and sellers. We write about Portland neighborhoods, Portland residential housing development, tips for Portand home sellers and buyers, and much more.

gallery condominiums

If you’ve been looking for a new home and are on a budget, you might be laughing at our headline right now. Affordable? Does affordability even exist in Portland these days? Trust us, then, that not only do plenty of affordable homes exist in Portland but that many are condos. Stay with me. The word condo can conjure up images of high-end penthouses in glass-lined skyscrapers. But the truth is, Portland’s condo market is actually a haven for housing affordability. Right now the demand for single family homes keep holding at record highs. And that means more competition and higher prices. So with those prices still soaring, anyone budget-conscious should consider checking out Portland’s condo market. You might be surprised...

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Portland Condo Market: the Affordable Choice for 2021

June 21, 2021
gallery condominiums

If you’ve been looking for a new home and are on a budget, you might be laughing at our headline right now. Affordable? Does affordability even exist in Portland these days? Trust us, then, that not only do plenty of affordable homes exist in Portland but that many are condos. Stay with me. The word condo can conjure up images of high-end penthouses in glass-lined skyscrapers. But the truth is, Portland’s condo market is actually a haven for housing affordability. Right now the demand for single family homes keep holding at record highs. And that means more competition and higher prices. So with those prices still soaring, anyone budget-conscious should consider checking out Portland’s condo market. You might be surprised...

The post Portland Condo Market: the Affordable Choice for 2021 appeared first on Real Estate Agent PDX.

      

By Steve Morgan - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=47051973

Ever checked out the lists of top Portland suburbs and felt like you didn’t quite understand the vibe them? That’s what we’re here for. We’ll not only give you an idea of a Portland suburb’s school system or job prospects. Beyond the numbers, we also like to inform folks about the details and quirks that make a community a community. The small things, you might say, aren’t always so small. If you check Niche.com right now, for example, you’ll find Cedar Mill listed as the #2 best suburb to live in Oregon. And it’s not hard to connect the dots as to why. For one, its schools manage to be some of the most highly rated in the area. For...

The post 5 Things You Didn’t Know About Cedar Mill, Oregon appeared first on Real Estate Agent PDX.

      

5 Things You Didn’t Know About Cedar Mill, Oregon

June 18, 2021
By Steve Morgan - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=47051973

Ever checked out the lists of top Portland suburbs and felt like you didn’t quite understand the vibe them? That’s what we’re here for. We’ll not only give you an idea of a Portland suburb’s school system or job prospects. Beyond the numbers, we also like to inform folks about the details and quirks that make a community a community. The small things, you might say, aren’t always so small. If you check Niche.com right now, for example, you’ll find Cedar Mill listed as the #2 best suburb to live in Oregon. And it’s not hard to connect the dots as to why. For one, its schools manage to be some of the most highly rated in the area. For...

The post 5 Things You Didn’t Know About Cedar Mill, Oregon appeared first on Real Estate Agent PDX.

      

coming soon homes for sale

Coming Soon Homes are the New (but different) Pocket Listings Pocket listings are virtually extinct. The National Association of Realtors, NAR, has effectively banned the million-plus Realtors across the country from using the tactic. NAR instituted a new policy called the “MLS clear cooperation policy” which requires any Realtor to enter their “Pocket Listing” into the MLS within 1 business day of publicly advertising it (unless the seller signs a refusal of service). Entering a listing into the MLS means it is syndicated to all the other MLS members (mostly Realtors) and typically broadcast out to thousands of public websites like Zillow, Realtor.com, etc. Pocket listings used to be “secret or private listings” that a Realtor held onto and tried...

The post What is a Coming Soon Home in the Real Estate Market? appeared first on Real Estate Agent PDX.

      

What is a Coming Soon Home in the Real Estate Market?

June 16, 2021
coming soon homes for sale

Coming Soon Homes are the New (but different) Pocket Listings Pocket listings are virtually extinct. The National Association of Realtors, NAR, has effectively banned the million-plus Realtors across the country from using the tactic. NAR instituted a new policy called the “MLS clear cooperation policy” which requires any Realtor to enter their “Pocket Listing” into the MLS within 1 business day of publicly advertising it (unless the seller signs a refusal of service). Entering a listing into the MLS means it is syndicated to all the other MLS members (mostly Realtors) and typically broadcast out to thousands of public websites like Zillow, Realtor.com, etc. Pocket listings used to be “secret or private listings” that a Realtor held onto and tried...

The post What is a Coming Soon Home in the Real Estate Market? appeared first on Real Estate Agent PDX.

      


Iconic Portland sign with pink skyscraper rising next to it

For both the history and architecture buffs out there, the National Register of Historic Places constitutes a gold mine of fascinating stories and imagery. Begun in 1966, the Register seeks to preserve and memorialize significant buildings and places across the nation. If your mind goes straight to colonial settlements as you’re reading, you wouldn’t be totally wrong. But the Register includes much more than that. Yes, most sites must meet a minimum age requirement for consideration. But that requirement is only 50 years – meaning, as of right now the 1970’s have entered the building! Therefore, sites from a wide range of eras can attain “historic” status. And beyond age, context matters. The general guiding principle of the Register is...

The post 10 New Oregon Homes and Places added to the National Historic Registry appeared first on Real Estate Agent PDX.

      

10 New Oregon Homes and Places added to the National Historic Registry

June 14, 2021
Iconic Portland sign with pink skyscraper rising next to it

For both the history and architecture buffs out there, the National Register of Historic Places constitutes a gold mine of fascinating stories and imagery. Begun in 1966, the Register seeks to preserve and memorialize significant buildings and places across the nation. If your mind goes straight to colonial settlements as you’re reading, you wouldn’t be totally wrong. But the Register includes much more than that. Yes, most sites must meet a minimum age requirement for consideration. But that requirement is only 50 years – meaning, as of right now the 1970’s have entered the building! Therefore, sites from a wide range of eras can attain “historic” status. And beyond age, context matters. The general guiding principle of the Register is...

The post 10 New Oregon Homes and Places added to the National Historic Registry appeared first on Real Estate Agent PDX.

      


Area of Portland (Oregon) on a map

Rising home prices: possibly the real estate story of the year across the U.S. Naturally, then, we’ve been covering Portland’s historically low inventory, which is driving home prices up, for months now. And it’s unlikely prices will fall anytime soon, if at all. But if you just watch the local news, what you’re likely to hear about is the most outrageous instances of bidding wars. Those sensational, mind-blowing stories certainly drum up interest. However, while they may be indicative of the low inventory problem, these instances aren’t necessarily typical. In order to update you most accurately on the state of the Portland real estate market, then, we wanted to dive as deeply as possible into the local numbers on housing...

The post Where in Portland are Home Prices Rising the Fastest? appeared first on Real Estate Agent PDX.

      

Where in Portland are Home Prices Rising the Fastest?

June 11, 2021
Area of Portland (Oregon) on a map

Rising home prices: possibly the real estate story of the year across the U.S. Naturally, then, we’ve been covering Portland’s historically low inventory, which is driving home prices up, for months now. And it’s unlikely prices will fall anytime soon, if at all. But if you just watch the local news, what you’re likely to hear about is the most outrageous instances of bidding wars. Those sensational, mind-blowing stories certainly drum up interest. However, while they may be indicative of the low inventory problem, these instances aren’t necessarily typical. In order to update you most accurately on the state of the Portland real estate market, then, we wanted to dive as deeply as possible into the local numbers on housing...

The post Where in Portland are Home Prices Rising the Fastest? appeared first on Real Estate Agent PDX.

      


zillow home description missing

My real estate team in Oregon and Washington sells a lot of homes, a few hundred each year. We do everything we can to give our client’s homes an edge online. For us that means two things, first, we pay extra to top real estate portals (like Zillow, Realtor.com, Homes.com, etc.) for higher positioning. Second, we check all the boxes and do whatever is necessary to fill out the listing so it looks fantastic and carries with it all of the important home details. That’s why we were shocked when the Zillow editable description section, “What I Love About This Home,” suddenly disappeared on all our client’s listings. MLS descriptions are limited. Zillow’s “What I Love About This Home” was...

The post What I Love About This Home – Zillow Section Removed appeared first on Real Estate Agent PDX.

      

What I Love About This Home – Zillow Section Removed

June 9, 2021
zillow home description missing

My real estate team in Oregon and Washington sells a lot of homes, a few hundred each year. We do everything we can to give our client’s homes an edge online. For us that means two things, first, we pay extra to top real estate portals (like Zillow, Realtor.com, Homes.com, etc.) for higher positioning. Second, we check all the boxes and do whatever is necessary to fill out the listing so it looks fantastic and carries with it all of the important home details. That’s why we were shocked when the Zillow editable description section, “What I Love About This Home,” suddenly disappeared on all our client’s listings. MLS descriptions are limited. Zillow’s “What I Love About This Home” was...

The post What I Love About This Home – Zillow Section Removed appeared first on Real Estate Agent PDX.

      


dairy factory

In what could be good news for Portland’s housing shortage, the former Alpenrose Dairy property in Southwest Portland might soon be the site of a new, 193 house subdivision. In August of 2019, Alpenrose sold to Smith Brothers Farms of Washington State. Since then, the fate of the 56 acre property on Shattuck Road has been uncertain. In late May, however, the Florida-based Lennar Corporation submitted documents to Portland’s Bureau of Development Services, proposing the new development. Both the 2019 sale and the prospect of new housing elicited a mixed reception from the community. Most notably, many feel saddened by the loss of this Southwest Portland fixture. While the future of this huge property lies in doubt still, its past...

The post SW Portland Alpenrose Dairy could turn into 193 Home Subdivision appeared first on Real Estate Agent PDX.

      

SW Portland Alpenrose Dairy could turn into 193 Home Subdivision

June 7, 2021
dairy factory

In what could be good news for Portland’s housing shortage, the former Alpenrose Dairy property in Southwest Portland might soon be the site of a new, 193 house subdivision. In August of 2019, Alpenrose sold to Smith Brothers Farms of Washington State. Since then, the fate of the 56 acre property on Shattuck Road has been uncertain. In late May, however, the Florida-based Lennar Corporation submitted documents to Portland’s Bureau of Development Services, proposing the new development. Both the 2019 sale and the prospect of new housing elicited a mixed reception from the community. Most notably, many feel saddened by the loss of this Southwest Portland fixture. While the future of this huge property lies in doubt still, its past...

The post SW Portland Alpenrose Dairy could turn into 193 Home Subdivision appeared first on Real Estate Agent PDX.

      


Asbestos sign warning people of the dangers ahead.

When you hear the word asbestos, what comes to mind? Many people think of asbestos hazards as being a thing of the past, or something relegated to big, old buildings like schools. In fact, asbestos was widely used in all types of building, including residential, prior to 1970. And even now, the United States has not fully banned its use. So while your home may be newer, then, there’s still a chance asbestos lurks in the walls, roof, etc. Before anyone panics, though, know that because it is so common, the state of Oregon has plenty of information and resources on how to manage it. If you’re going to be doing work on your home, you’ll want to know what...

The post How to Test Your Oregon Home for Asbestos appeared first on Real Estate Agent PDX.

      

How to Test Your Oregon Home for Asbestos

June 4, 2021
Asbestos sign warning people of the dangers ahead.

When you hear the word asbestos, what comes to mind? Many people think of asbestos hazards as being a thing of the past, or something relegated to big, old buildings like schools. In fact, asbestos was widely used in all types of building, including residential, prior to 1970. And even now, the United States has not fully banned its use. So while your home may be newer, then, there’s still a chance asbestos lurks in the walls, roof, etc. Before anyone panics, though, know that because it is so common, the state of Oregon has plenty of information and resources on how to manage it. If you’re going to be doing work on your home, you’ll want to know what...

The post How to Test Your Oregon Home for Asbestos appeared first on Real Estate Agent PDX.

      


A traditional Cape Cod house in Provincetown, Massachusetts

When you close your eyes and imagine the quintessential archetype of an American single family house, what do you see? If you find yourself envisioning a rectangular home with symmetrical windows and a chimney sprouting from the top, you may have encountered the Cape Code style. And you wouldn’t be alone in that. Across the country you’ll find Cape Cod style architecture, for good reason. Once a product of the harsh New England climate, this style became a staple of middle class American home construction. Sound too cookie cutter for you? Hold out for the twists this story has in store. The West Coast is home to some of the coziest and quaintest aberrations of the traditional Cape Cod. On...

The post What is a Portland Cape Cod Home Style? appeared first on Real Estate Agent PDX.

      

What is a Portland Cape Cod Home Style?

June 2, 2021
A traditional Cape Cod house in Provincetown, Massachusetts

When you close your eyes and imagine the quintessential archetype of an American single family house, what do you see? If you find yourself envisioning a rectangular home with symmetrical windows and a chimney sprouting from the top, you may have encountered the Cape Code style. And you wouldn’t be alone in that. Across the country you’ll find Cape Cod style architecture, for good reason. Once a product of the harsh New England climate, this style became a staple of middle class American home construction. Sound too cookie cutter for you? Hold out for the twists this story has in store. The West Coast is home to some of the coziest and quaintest aberrations of the traditional Cape Cod. On...

The post What is a Portland Cape Cod Home Style? appeared first on Real Estate Agent PDX.

      


Alarm key on the keyboard, 3d rendering,conceptual image.

If you’ve ever checked out your home on major websites like Redfin or Zillow, chances are you’ve seen a tantalizing number. These sites give you a ballpark of what your home may be worth. And they aren’t alone. For the past few years, iBuyers – online portals that offer cash up front for your home – have been on the rise. And based on their marketing, they want you to get those dollar signs flashing in your eyes. In order to get a snapshot of what iBuyers are advertising, all you need is to perform a basic search. Our first three results – all paid ads – came up as follows: Sell Your House Fast for Cash We Buy Houses...

The post 4 Reasons Not to Sell a Home Online to an iBuyer appeared first on Real Estate Agent PDX.

      

4 Reasons Not to Sell a Home Online to an iBuyer

May 31, 2021
Alarm key on the keyboard, 3d rendering,conceptual image.

If you’ve ever checked out your home on major websites like Redfin or Zillow, chances are you’ve seen a tantalizing number. These sites give you a ballpark of what your home may be worth. And they aren’t alone. For the past few years, iBuyers – online portals that offer cash up front for your home – have been on the rise. And based on their marketing, they want you to get those dollar signs flashing in your eyes. In order to get a snapshot of what iBuyers are advertising, all you need is to perform a basic search. Our first three results – all paid ads – came up as follows: Sell Your House Fast for Cash We Buy Houses...

The post 4 Reasons Not to Sell a Home Online to an iBuyer appeared first on Real Estate Agent PDX.