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From The Blog
More Buyers Ready to Get Off the Sidelines?
When you compare the cost of owning a home to renting, you’ll find that buying may soon make more sense, Paul Diggle, a housing economist at Capital Economics, told MSNBC.com. Diggle’s analysis of the housing market showed a 33 percent drop in home prices, record-low mortgage rates (with 30-year fixed-rate mortgages available under 4 percent [...]
December Existing-Home Sales Show Uptrend
Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above where they were a year ago, according to the National Association of REALTORS®. The latest monthly data shows total existing-home salesrose 5.0 percent to a seasonally adjusted annual rate of 4.61 million in December from a downwardly revised 4.39 [...]
Search for listing in the Avenue Lofts
Built in 1923, an old Meier & Frank Warehouse is a classic example of industrial warehouse design. Now listed on the National Register of Historic Places. A legendary Portland warehouse visited by generations of families, The Avenue Lofts offer an historic tax benefit allowing for greater freedom and flexibility of living. The Avenue Lofts building [...]
RMLS Market Action | December 2011
Click here to view the December 2011 RMLS Market Action Report December Residential Highlights Sales activity in the Portland metro area continued to show improvement in closed and pending sales when comparing this December to the same month a year ago. Closed sales experienced a 10.3% increase, while pending sales saw growth of 19.3%. [...]
Optimism Builds in Housing Market
Several recent indicators for the real estate industry are pointing to a market that is on the mend and entering recovery mode. Housing experts’ predictions for the new year tend to center around a market stabilizing before entering a gradual, albeit very slow, recovery. However, the tone is more upbeat than it has been in [...]
9755 SW Barnes Rd Portland , OR 97225
Direct: 503.453.2886 Office: 503.546.9955