Portland is known for its charming early and revival Craftsman, Bungalow, Foursquare, and Tudor style homes that mark the city’s early settlement days. Portland also has sections that are home to a fair amount of Ranch styles with their own historic place in Portland’s history, all of which give the Rose City its diverse personality. Did you know that Ranch style homes sell faster and for more than other home styles? Check out our research here. We thought we’d focus on this classic style and see what the real estate market has to offer. If you’re a fan of the Ranch, you’ll want to take a look at what’s available. We have the full map of all Portland ranch style...
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What is an American Ranch Style Home in Portland?
July 4, 2022
Portland is known for its charming early and revival Craftsman, Bungalow, Foursquare, and Tudor style homes that mark the city’s early settlement days. Portland also has sections that are home to a fair amount of Ranch styles with their own historic place in Portland’s history, all of which give the Rose City its diverse personality. Did you know that Ranch style homes sell faster and for more than other home styles? Check out our research here. We thought we’d focus on this classic style and see what the real estate market has to offer. If you’re a fan of the Ranch, you’ll want to take a look at what’s available. We have the full map of all Portland ranch style...
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Brought to the forefront of American living shortly after World War II, ranch-style homes grew in popularity for their laid-back, easy-living vibe with flowing, open floor plans and easy access to the outdoors. Then came the 1980s. Ranch homes temporarily lost their appeal with homeowners during the building boom of this decade after the country had enjoyed economic growth. People had more money, and they wanted more. What came of this period were bigger homes with less-than-imaginative facades, fake chimneys, cathedral ceilings, and sometimes garish interiors. As with any trend or fashion that runs its course and fades from popularity, it usually comes back around into favor with the masses. As the adage goes, “everything old is new again,” and...
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Single Level Homes Sell Faster and for 19% More, 2022 Report
July 1, 2022
Brought to the forefront of American living shortly after World War II, ranch-style homes grew in popularity for their laid-back, easy-living vibe with flowing, open floor plans and easy access to the outdoors. Then came the 1980s. Ranch homes temporarily lost their appeal with homeowners during the building boom of this decade after the country had enjoyed economic growth. People had more money, and they wanted more. What came of this period were bigger homes with less-than-imaginative facades, fake chimneys, cathedral ceilings, and sometimes garish interiors. As with any trend or fashion that runs its course and fades from popularity, it usually comes back around into favor with the masses. As the adage goes, “everything old is new again,” and...
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The City of Portland enacted the Home Energy Score (HES) Program in January, 2018 and saw 20,000 HES assessments completed by 2020, the most recent numbers to date. Portland was the first in the state and the second in the country (after Berkley, CA) to unveil a home energy program of this type. The program came about from an earnest City of Portland goal to significantly lower carbon emissions (by 80%) by 2050. In 2019, the Oregon Department of Energy (ODE) partnered with Earth Advantage, a green home certification program, to assist with the implementation of Oregon HES programs and share U.S. DOE best practices. Now, both Milwaukie (as of October, 2020) and Hillsboro (as of September 2021) have followed suit,...
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Oregon Home Energy Score Policy 2022 Update
June 29, 2022
The City of Portland enacted the Home Energy Score (HES) Program in January, 2018 and saw 20,000 HES assessments completed by 2020, the most recent numbers to date. Portland was the first in the state and the second in the country (after Berkley, CA) to unveil a home energy program of this type. The program came about from an earnest City of Portland goal to significantly lower carbon emissions (by 80%) by 2050. In 2019, the Oregon Department of Energy (ODE) partnered with Earth Advantage, a green home certification program, to assist with the implementation of Oregon HES programs and share U.S. DOE best practices. Now, both Milwaukie (as of October, 2020) and Hillsboro (as of September 2021) have followed suit,...
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It’s no secret that the climate in Portland, Oregon and the entire Pacific Northwest is changing. Natural disasters happen everywhere, and certain areas are more prone to certain types than others. So, what about Portland? Here, we’re generally spared the tornadoes and cyclones of the Midwest and the tsunami that threatens the west coast, but Portland does have its fair share of past and potential natural disasters to keep in mind. While we don’t want to alarm anyone and scare you away from buying a home here, we do want to make visible some of the natural disasters all Portland residents need to know about. In fact, we’re sharing this information because we DO want you to invest in Portland....
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Portland, Oregon Natural Disaster List. Is your Home Safe?
June 27, 2022
It’s no secret that the climate in Portland, Oregon and the entire Pacific Northwest is changing. Natural disasters happen everywhere, and certain areas are more prone to certain types than others. So, what about Portland? Here, we’re generally spared the tornadoes and cyclones of the Midwest and the tsunami that threatens the west coast, but Portland does have its fair share of past and potential natural disasters to keep in mind. While we don’t want to alarm anyone and scare you away from buying a home here, we do want to make visible some of the natural disasters all Portland residents need to know about. In fact, we’re sharing this information because we DO want you to invest in Portland....
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About seventeen miles south of Portland you’ll find Wilsonville, known for its low crime rate, excellent schools, and ample opportunities for outdoor activities, with the Willamette River flowing through its southern portion. The city is easily accessible with I-5 running north to south, dissecting it down the middle, and is situated on the southernmost edge of the Portland metro area, mostly in Clackamas County, with part of its northern area in Washington County. Wilsonville has much to offer those who want to be near the culture of Portland but want the peace and quiet of small-town living, and especially those who value being next to nature. With its prime location right on the Willamette River, canoers, kayakers, and boaters can...
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Wilsonville, Oregon Real Estate Market 2022 and Forecast
June 24, 2022
About seventeen miles south of Portland you’ll find Wilsonville, known for its low crime rate, excellent schools, and ample opportunities for outdoor activities, with the Willamette River flowing through its southern portion. The city is easily accessible with I-5 running north to south, dissecting it down the middle, and is situated on the southernmost edge of the Portland metro area, mostly in Clackamas County, with part of its northern area in Washington County. Wilsonville has much to offer those who want to be near the culture of Portland but want the peace and quiet of small-town living, and especially those who value being next to nature. With its prime location right on the Willamette River, canoers, kayakers, and boaters can...
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The continuing real estate topic at the forefront of everyone’s focus is the shortage of single-family homes. And not just in Portland, but across the entire country. Demand will likely remain high (at least for single family detached homes) while the real estate market slows down. New construction has slowed significantly for both single-family and multi-family housing, due to supply chain issues and a shortage of laborers (and more recently due to increased borrowing costs). Curious about what Portland’s housing supply will look like in the future? How single-family homes and multiple unit dwellings will shake out? And what about homeowners versus renters? We reviewed the numbers from the past decade, the current numbers, and new legislation to see what...
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Portland’s Housing Supply: What Kind, Where? 2022 Report
June 22, 2022
The continuing real estate topic at the forefront of everyone’s focus is the shortage of single-family homes. And not just in Portland, but across the entire country. Demand will likely remain high (at least for single family detached homes) while the real estate market slows down. New construction has slowed significantly for both single-family and multi-family housing, due to supply chain issues and a shortage of laborers (and more recently due to increased borrowing costs). Curious about what Portland’s housing supply will look like in the future? How single-family homes and multiple unit dwellings will shake out? And what about homeowners versus renters? We reviewed the numbers from the past decade, the current numbers, and new legislation to see what...
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As we move into summer, we’re looking at how the real estate market is shaping up in Portland. Rising interest rates have cooled off a red hot sellers market, and comparing May 21 with May 22, 16% less homes went pending and closed sales dropped 8.4%. However, inventory remains low along with average market time, and despite a higher number of active price drops, home prices continue to climb (for now). We looked at the entire Portland metro area and Portland proper, then focused in on each quadrant. Here’s what we found. Overall Home Prices Continue to Climb For the entire Portland Metro area, the market this past month saw 3,853 new listings, 2,916 closed sales with an average sale...
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Portland Real Estate Market Update, July 2022
June 20, 2022
As we move into summer, we’re looking at how the real estate market is shaping up in Portland. Rising interest rates have cooled off a red hot sellers market, and comparing May 21 with May 22, 16% less homes went pending and closed sales dropped 8.4%. However, inventory remains low along with average market time, and despite a higher number of active price drops, home prices continue to climb (for now). We looked at the entire Portland metro area and Portland proper, then focused in on each quadrant. Here’s what we found. Overall Home Prices Continue to Climb For the entire Portland Metro area, the market this past month saw 3,853 new listings, 2,916 closed sales with an average sale...
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Since 2017 we’ve been creating this annual report to help our clients know what occupancy status is better for a potential home sale. Is it easier to sell a home if it is vacant, seller, or tenant occupied? While most of our clients can guess it is more difficult to sell tenant occupied, this annual report helps them know just how much harder it is to sell with a tenant inside. Also for homeowners deciding to move out first and vacate or sell while still living in the home, these reports can be helpful. The numbers used. This report is based on data from RMLS, our local multiple listing service. We are looking exclusively at city of Portland proper, detached...
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What Sells a Home Best? Vacant, Seller, or Tenant Occupied? 2022 Report
June 17, 2022
Since 2017 we’ve been creating this annual report to help our clients know what occupancy status is better for a potential home sale. Is it easier to sell a home if it is vacant, seller, or tenant occupied? While most of our clients can guess it is more difficult to sell tenant occupied, this annual report helps them know just how much harder it is to sell with a tenant inside. Also for homeowners deciding to move out first and vacate or sell while still living in the home, these reports can be helpful. The numbers used. This report is based on data from RMLS, our local multiple listing service. We are looking exclusively at city of Portland proper, detached...
The post What Sells a Home Best? Vacant, Seller, or Tenant Occupied? 2022 Report appeared first on Real Estate Agent PDX.
Each year the National Register of Historic Places adds to their list of buildings, sites, structures, objects, and districts across the country to mark them for preservation in the interest of honoring the past and maintaining historical integrity. The Registry’s cut-off for eligibility is 50 years, so this means anything built or created from 1972 on is a prime candidate. Of course, there are other requirements than simply age that make a site, area, or building eligible. Properties submitted for consideration through a public nomination process must also be well-preserved, show architectural distinction, and have an important association with events, people, and trends in history. Portland is brimming with Registry listings, and over the past year, five more were added...
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Portland Real Estate Added to the Historic Registry in 2022
June 15, 2022
Each year the National Register of Historic Places adds to their list of buildings, sites, structures, objects, and districts across the country to mark them for preservation in the interest of honoring the past and maintaining historical integrity. The Registry’s cut-off for eligibility is 50 years, so this means anything built or created from 1972 on is a prime candidate. Of course, there are other requirements than simply age that make a site, area, or building eligible. Properties submitted for consideration through a public nomination process must also be well-preserved, show architectural distinction, and have an important association with events, people, and trends in history. Portland is brimming with Registry listings, and over the past year, five more were added...
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We’ve written about Portland’s real estate inventory crisis over and over for the past two years. And like everyone else, we’re watching to see how the city and developers are dealing with a growing population alongside this shortage of homes—in both real estate and rental housing. One step has been the Residential Infill Project. Another proposed effort that could be a step the direction to alleviate some of the inventory pressure is the potential Alpenrose Project started in 2021. The 56-acre Alpenrose Dairy/Shattuck Road property could become the location for a new 193-home subdivision. After the contentious sale of the property, which put the business in the hands of Seattle-based Smith Brothers Farm, with the land on Shattuck Road still...
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Alpenrose Dairy Real Estate Project 2022 Update
June 13, 2022
We’ve written about Portland’s real estate inventory crisis over and over for the past two years. And like everyone else, we’re watching to see how the city and developers are dealing with a growing population alongside this shortage of homes—in both real estate and rental housing. One step has been the Residential Infill Project. Another proposed effort that could be a step the direction to alleviate some of the inventory pressure is the potential Alpenrose Project started in 2021. The 56-acre Alpenrose Dairy/Shattuck Road property could become the location for a new 193-home subdivision. After the contentious sale of the property, which put the business in the hands of Seattle-based Smith Brothers Farm, with the land on Shattuck Road still...
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