News Headlines for Portland, Oregon : 2013 Quarter 2
6/23/2013
A New Real Estate Website is Launched in Portland
Designed to make the house hunting process simple and seamless, was the motivator for this new real estate website called househapp.org. The site is driven by pictures and has been compared as a kind of Facebook for real estate.
6/18/2013
A-Rod and Real Estate?
What is the latest with injured Yankees third basemen, Alex Rodriguez? Besides raking in $30 million a year for playing baseball, he has a pretty good real estate deal going on too. He has reportedly sold his 20,000 square foot Miami home for $30 million, netting himself a profit of a whopping $15 million!
6/11/2013
What Are Some of Portland's Hottest Neighborhoods?
With Portland's real estate market looking pretty lively lately and with the average price rising 18.4% compared to a year ago what are some of the hottest areas to live in? Using statistics of the most closed homes in an area, NW Portland ranked number one. This includes parts of the Pearl District, Alphabet District, Willamette Heights, Kings Heights and Goose Hollow. SW Portland areas such as Multnomah Village, South Waterfront, Burlingame, Johns Landing, Fulton Park and Taylor's Ferry came in second.
6/4/2013
Good Neighbor Bill – A Bill that Targets Vacant Foreclosures
Often times, vacant foreclosed homes can be a haven for criminals and eyesore for neighbors. A recent analysis found that more than half of about 2300 Oregon homes in foreclosures are sitting empty. This proposal is aimed at the worst of those vacant properties.
5/28/2013
Where Does Portland Rank in Terms of Biking?
At number 1! Portland took the top spot with a bike score of 70.3, beating out other larger cities such as San Francisco, Denver and Philadelphia.
5/19/2013
Portland's Home Front – Good and Bad
In the April report, published by RMLS, the average home price peeked over the $300,000 mark for the first time in about four years to $302,600. That is 15.3% more than a year ago. The inventory of unsold homes in April dropped to 3.1 months, which is the lowest it’s been since March 2010. The bad news? Lower inventory brings on frustration for buyers.
5/8/2013
Does Portland Rank Among the Top 10 Neighborhoods Tourists Haven't Found Yet?
According to a recent guide published by USA Today, there are 10 neighborhoods across the country that tourists haven't yet found. And guess what? Portland's Central Eastside is one of them! From paddlers to foodies to beer and wine connoisseurs people are hooked. San Francisco's Valencia Street and Seattle's Ballard all rank in the top 10 as well.
5/1/2013
Fannie Mae Reveals and Increasing Amount of Optimism Regarding Home Prices
Through Fannie Mae's National Housing Survey conducted in April, there is an increased optimism and attitude towards both the housing industry and overall economy. Furthermore, it's the first time in the survey's three year history that the majority of Americans surveyed now expect home prices to increase.
4/26/2013
First Quarter Looks Good…Portland Home Prices are Up!
According to data firm Clear Capital, Portland area home prices increase 1.5% in the first quarter of the year.
4/19/2013
Homebuyers: How to be more attractive to sellers
Spring has sprung and that means that buyers are starting to flood the markets, but with low inventory levels the competition is stiff. How do you become the most attractive buyer to a seller? Here are a few tips.
1. Plan Ahead
2. Set Your Home Price
3. Know that Cash is King
4. Get Preapproved before Your Search
5. Limit your Contingencies
6. Add a Personal Touch
7. Be flexible with Closing Dates
4/12/2013
Real Estate's Top Websites
These days, real estate websites generate a lot of traffic, but who generates the most? In a ranking published for February, Yahoo Real Estate claimed the top spot, followed by Realtor.com, Zillow was third, then FrontDoor Real Estate. Trulia and Rent.com rounded out the five and six spots.
4/4/2013
Is Portland Really that Nerdy?
According to the real estate blog, Movoto, yes, Portland is nerdy! In fact in a recent study that surveyed the entire US and a list that is 10 deep, Portland comes in at number two as the most nerdiest! Criteria such as people per comic book store, people per video store and people per computer store were used to finaliz the findings.
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