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.

According to a 2022 report by the National Association of Realtors, 47% of homebuyers first consulted online listings when beginning their search for a new home. This is an increase from 43% in 2020, and also important to note is the fact that 96% of all buyers used online tools during their search process. While the internet has played a major role in the housing market for many years now, its importance only continues to grow and its role in real estate transactions continues to evolve. This brings us to the increasing presence of iBuyers: online companies that claim to buy your home as-is for cash in a quick and easy sale with rates that are competitive with local realtors....

The post 5 Options to Sell Your Home Online in 2023 appeared first on Real Estate Agent PDX.

      

5 Options to Sell Your Home Online in 2023

February 3, 2023

According to a 2022 report by the National Association of Realtors, 47% of homebuyers first consulted online listings when beginning their search for a new home. This is an increase from 43% in 2020, and also important to note is the fact that 96% of all buyers used online tools during their search process. While the internet has played a major role in the housing market for many years now, its importance only continues to grow and its role in real estate transactions continues to evolve. This brings us to the increasing presence of iBuyers: online companies that claim to buy your home as-is for cash in a quick and easy sale with rates that are competitive with local realtors....

The post 5 Options to Sell Your Home Online in 2023 appeared first on Real Estate Agent PDX.

      

portland real estate price per sq ft

After selling homes in Portland, Oregon for twenty years, I’ve picked up on a lot of consistent patterns that helps me to price homes correctly and give my clients the best possible real estate advice. Whether it is the best time to sell or buy a home, knowing the factors that causes a home to sell for more or less, or the reasons why a home sells or doesn’t, I’ve enjoyed the process of learning and researching over the years. I can tell my clients exactly how much value is added to a home if they add an ADU, solar panels, or a swimming pool (all based on local statistics). Through my local research I can let them know how...

The post The Bigger the Home, the Less it Sells for Per Square Foot. appeared first on Real Estate Agent PDX.

      

The Bigger the Home, the Less it Sells for Per Square Foot.

January 30, 2023
portland real estate price per sq ft

After selling homes in Portland, Oregon for twenty years, I’ve picked up on a lot of consistent patterns that helps me to price homes correctly and give my clients the best possible real estate advice. Whether it is the best time to sell or buy a home, knowing the factors that causes a home to sell for more or less, or the reasons why a home sells or doesn’t, I’ve enjoyed the process of learning and researching over the years. I can tell my clients exactly how much value is added to a home if they add an ADU, solar panels, or a swimming pool (all based on local statistics). Through my local research I can let them know how...

The post The Bigger the Home, the Less it Sells for Per Square Foot. appeared first on Real Estate Agent PDX.

      

top 10 real estate news stories

As we move further from the unforeseen ways the world was reshaped in 2020, notably the real estate market, there have been lasting impacts, such as in the way we list and sell homes, and other ripple effects as the market adjusts. 2022 was yet another historic year in the real estate market, with record breaking highs and record breaking drops. We will recap the top 10 news stories. 1. Mortgage Rates are at a (Recent) All-Time High The biggest story affecting the real estate market in Portland last year was the sharp increase in interest rates due to federal hikes, which likely won’t be lowering anytime soon. As inflation continued to impact the cost of groceries, gas, airfare and...

The post Year in Review. Top 10 Real Estate News Stories in 2022 appeared first on Real Estate Agent PDX.

      

Year in Review. Top 10 Real Estate News Stories in 2022

January 27, 2023
top 10 real estate news stories

As we move further from the unforeseen ways the world was reshaped in 2020, notably the real estate market, there have been lasting impacts, such as in the way we list and sell homes, and other ripple effects as the market adjusts. 2022 was yet another historic year in the real estate market, with record breaking highs and record breaking drops. We will recap the top 10 news stories. 1. Mortgage Rates are at a (Recent) All-Time High The biggest story affecting the real estate market in Portland last year was the sharp increase in interest rates due to federal hikes, which likely won’t be lowering anytime soon. As inflation continued to impact the cost of groceries, gas, airfare and...

The post Year in Review. Top 10 Real Estate News Stories in 2022 appeared first on Real Estate Agent PDX.

      


bethany lake portland real estate

Bethany is a highly desirable NW Portland suburb-like (it is not its own city, it is a unincorporated community) located in Washington County where among other benefits, residents enjoy lower housing and income taxes than Multnomah County while retaining a Portland address. As an additional perk, it is served by the highly rated schools of the Beaverton school district, with two of its high schools ranked among the top ten public high schools in Oregon. The sprawling 260-acre Rock Creek Campus of Portland Community College is also located here, featuring woodlands, wetlands, and grasslands with walking trails and a farm that is open to the public. (Image is Sunset Over Bethany Lake by Jared White, lic. Creative Commons Attribution-Share Alike 2.0...

The post Bethany, NW Portland Real Estate Market 2023 Report appeared first on Real Estate Agent PDX.

      

Bethany, NW Portland Real Estate Market 2023 Report

January 23, 2023
bethany lake portland real estate

Bethany is a highly desirable NW Portland suburb-like (it is not its own city, it is a unincorporated community) located in Washington County where among other benefits, residents enjoy lower housing and income taxes than Multnomah County while retaining a Portland address. As an additional perk, it is served by the highly rated schools of the Beaverton school district, with two of its high schools ranked among the top ten public high schools in Oregon. The sprawling 260-acre Rock Creek Campus of Portland Community College is also located here, featuring woodlands, wetlands, and grasslands with walking trails and a farm that is open to the public. (Image is Sunset Over Bethany Lake by Jared White, lic. Creative Commons Attribution-Share Alike 2.0...

The post Bethany, NW Portland Real Estate Market 2023 Report appeared first on Real Estate Agent PDX.

      


Pittock Mansion portland real estate

As we head into February 2023, we’re seeing the stabilization of a falling real estate market in Portland, Oregon. Fall 2022 was brutal for home sellers as inventory far exceeded the number of available buyers (due to so many dropping out with the higher rates). As we moved to the end of 2022, there were less sellers than normal listing their home on the market, and while some homes sold others cancelled entirely. The holidays have a wonderful effect on the Portland real estate market every year. The season wipes out excess inventory and sets up the market for a good spring. The reason why spring is typically always the best time of the year to sell a home is...

The post Portland Real Estate Market, February 2023 appeared first on Real Estate Agent PDX.

      

Portland Real Estate Market, February 2023

January 21, 2023
Pittock Mansion portland real estate

As we head into February 2023, we’re seeing the stabilization of a falling real estate market in Portland, Oregon. Fall 2022 was brutal for home sellers as inventory far exceeded the number of available buyers (due to so many dropping out with the higher rates). As we moved to the end of 2022, there were less sellers than normal listing their home on the market, and while some homes sold others cancelled entirely. The holidays have a wonderful effect on the Portland real estate market every year. The season wipes out excess inventory and sets up the market for a good spring. The reason why spring is typically always the best time of the year to sell a home is...

The post Portland Real Estate Market, February 2023 appeared first on Real Estate Agent PDX.

      


solar panel impact on home value portland

There have been a number of national studies on the impact installing solar panels has on home value. But, as one might imagine, there is likely a strong regional effect. Installing solar panels in Arizona might be a lot more desirable and have a greater impact on their home values, than adding solar panels to a home in the cloudy Pacific Northwest. So it is important to have some local research done, so a homeowner knows what the home value impact will be where they live, in this case Portland, Oregon, which is also likely to reflect the impact of solar panels on home values within its greater region – the Pacific Northwest. (We conduct many other regular research reports...

The post Do Solar Panels Increase the Value of a Home in Portland, Oregon? 2023 Report appeared first on Real Estate Agent PDX.

      

Do Solar Panels Increase the Value of a Home in Portland, Oregon? 2023 Report

January 16, 2023
solar panel impact on home value portland

There have been a number of national studies on the impact installing solar panels has on home value. But, as one might imagine, there is likely a strong regional effect. Installing solar panels in Arizona might be a lot more desirable and have a greater impact on their home values, than adding solar panels to a home in the cloudy Pacific Northwest. So it is important to have some local research done, so a homeowner knows what the home value impact will be where they live, in this case Portland, Oregon, which is also likely to reflect the impact of solar panels on home values within its greater region – the Pacific Northwest. (We conduct many other regular research reports...

The post Do Solar Panels Increase the Value of a Home in Portland, Oregon? 2023 Report appeared first on Real Estate Agent PDX.

      


real estate hacks sell a home

The Portland real estate market slowed down significantly in late 2022 and is still much slower than normal as we enter 2023. There will be a spring bump, as that is always the best time to sell a home in our metro area, but we expect prices to drop again in 2023 by July or August (most likely July). See our full forecast for the local 2023 real estate market here. The 4 Main Reasons a Home Sells (or Not) The are three foundational elements to a home sale. The market. The house. The price. The marketing. This is important to contemplate when a home is not selling. Is it just the market, and you need to wait for the...

The post 3 Hacks to Help a Home Sell in a Slow(er) Real Estate Market appeared first on Real Estate Agent PDX.

      

3 Hacks to Help a Home Sell in a Slow(er) Real Estate Market

January 13, 2023
real estate hacks sell a home

The Portland real estate market slowed down significantly in late 2022 and is still much slower than normal as we enter 2023. There will be a spring bump, as that is always the best time to sell a home in our metro area, but we expect prices to drop again in 2023 by July or August (most likely July). See our full forecast for the local 2023 real estate market here. The 4 Main Reasons a Home Sells (or Not) The are three foundational elements to a home sale. The market. The house. The price. The marketing. This is important to contemplate when a home is not selling. Is it just the market, and you need to wait for the...

The post 3 Hacks to Help a Home Sell in a Slow(er) Real Estate Market appeared first on Real Estate Agent PDX.

      


We’ve written about the benefits of Real Estate Technology and all the ways it shows up in the world of real estate today. From virtual staging to photography and 3D tours and more, improved home search technology is here to stay. Of course, another facet of this growing and ever-evolving industry is home search websites. With over 95% of people using online search tools for their home search journeys (and 41% making this their first step), according to the National Association of REALTORS®, it’s clear to see integral home search websites have become in the real estate industry. With this in mind, it’s important to know where to turn when your considering making one of the biggest financial decisions of...

The post Top 5 Websites to Search for Homes For Sale in 2023 appeared first on Real Estate Agent PDX.

      

Top 5 Websites to Search for Homes For Sale in 2023

January 9, 2023

We’ve written about the benefits of Real Estate Technology and all the ways it shows up in the world of real estate today. From virtual staging to photography and 3D tours and more, improved home search technology is here to stay. Of course, another facet of this growing and ever-evolving industry is home search websites. With over 95% of people using online search tools for their home search journeys (and 41% making this their first step), according to the National Association of REALTORS®, it’s clear to see integral home search websites have become in the real estate industry. With this in mind, it’s important to know where to turn when your considering making one of the biggest financial decisions of...

The post Top 5 Websites to Search for Homes For Sale in 2023 appeared first on Real Estate Agent PDX.

      


greek revival portland home

Portland, Oregon is home to an eclectic variety of home styles, which adds to our city’s charm and provides options to suit any taste. One of the less common styles found here is the Greek Revival, rich in history both as a tribute to Neoclassical Greek architecture and as a glimpse into the founding ideals of our country. Let’s explore the fascinating history and defining characteristics of this classic style. How Greek Architecture Became Popular in the U.S. In 1758, a British architect named James Stuart traveled to Greece and became enamored with classical Greek architecture. He returned to England and published a book, bringing widespread awareness to this style outside of Greece for the first time. Although it did...

The post What is a Greek Revival Style Home in Portland? appeared first on Real Estate Agent PDX.

      

What is a Greek Revival Style Home in Portland?

January 6, 2023
greek revival portland home

Portland, Oregon is home to an eclectic variety of home styles, which adds to our city’s charm and provides options to suit any taste. One of the less common styles found here is the Greek Revival, rich in history both as a tribute to Neoclassical Greek architecture and as a glimpse into the founding ideals of our country. Let’s explore the fascinating history and defining characteristics of this classic style. How Greek Architecture Became Popular in the U.S. In 1758, a British architect named James Stuart traveled to Greece and became enamored with classical Greek architecture. He returned to England and published a book, bringing widespread awareness to this style outside of Greece for the first time. Although it did...

The post What is a Greek Revival Style Home in Portland? appeared first on Real Estate Agent PDX.

      


top real estate agent portland

I am in the Top 5% of all Real Estate Agents in the United States, according to residential sales volume nationwide. Licensed since 2003, my team has sold over 900 million in real estate. We have sold over 2,000 homes (counting buyer side transactions as well) in Oregon and SW Washington. We sell homes faster and for more. Our team has sold over 1,000 homes in less than 30 days on market and over 500 homes in their first weekend on market. I’ve been in the top 1% of all Portland metro real estate agents for a number of years. I am your Portland real estate agent, residential home sales expert. I hope to be able to put our experience...

The post Top 5% Agent in the United States – Explained appeared first on Real Estate Agent PDX.

      

Top 5% Agent in the United States – Explained

January 5, 2023
top real estate agent portland

I am in the Top 5% of all Real Estate Agents in the United States, according to residential sales volume nationwide. Licensed since 2003, my team has sold over 900 million in real estate. We have sold over 2,000 homes (counting buyer side transactions as well) in Oregon and SW Washington. We sell homes faster and for more. Our team has sold over 1,000 homes in less than 30 days on market and over 500 homes in their first weekend on market. I’ve been in the top 1% of all Portland metro real estate agents for a number of years. I am your Portland real estate agent, residential home sales expert. I hope to be able to put our experience...

The post Top 5% Agent in the United States – Explained appeared first on Real Estate Agent PDX.