Learning about neighborhoods when shopping for a new home helps ensure you live in an area that truly feels like home. This is true of any city, but it is especially relevant for Portland, Oregon. Many neighborhoods have their own distinct flavor, activities, and ways of life.
Which Portland neighborhoods are best for you and your family? We researched elements like the average home pricing, quality of schools, and the walk, bike, and transit scores to bring you our list of the top 10 neighborhoods. We also include a brief history of each area and its parks, attractions, restaurants, and shops, so you have a clear idea of what to expect and enjoy!
1. Laurelhurst
If you are looking for a blend of historic charm and scenic beauty with an easy commute to downtown, Laurelhurst is worth a serious look. The area is one of the oldest neighborhoods in Portland and one of the first planned residential developments on the West Coast. It exudes classic charm.
Laurelhurst is famous for its tranquil, tree-lined streets and properties ranging from grand Craftsman homes to bungalows. Laurelhurst Park is a lush, green crown jewel of the neighborhood.
In addition to classic beauty, you get modern conveniences like trendy cafes and boutique shops. Sandy Boulevard is one of the most diverse and unique boulevards in Portland.
Laurelhurst has a tight-knit community feel, is highly family-friendly, and is considered safe. The schools are also highly rated. Homes tend to be higher priced than in other neighborhoods, but if your budget permits, it is a wonderful place to live.
Laurelhurst History
In addition to being one of Portland’s oldest neighborhoods, Luarelhurst was part of the City Beautiful Movement in the early 1900s, a nationwide response to correct and redirect urban development practices. Portland’s leaders created a City Beautiful Fund and encouraged residents to prioritize aesthetics and the preservation of nature. It grew through public subscription and funded the hiring of Edward H. Bennett, who devised the city’s first plan in 1912.
The neighborhood was developed by the Ladd Investment Company, which platted to include winding streets to a creek bed for a public park. William Sargent Ladd bought the land in 1869 during a time of controversy. Elijah Davidson and Terrance Quinn were some of the first to settle in the region but never made permanent improvements. When the land went to their heirs, they lost it due to questions of legitimacy regarding ownership. Ladd then purchased the land. When Quinn’s daughter, Mary, challenged the acquisition, The US Supreme Court settled the case in favor of Ladd. Then John Wesley Ladd, William Sargent Ladd’s son, received the deed in 1906.
William Sargent Ladd expanded his holdings in 1873 and 1876 and built Hazel Fern, a 486-acre farm of purebred cattle, grain fields, and fruit orchards. When Ladd passed in 1893, residential subdivisions were already sprouting up and growing within two miles of the farm’s boundaries. William Ladd’s sons deemed the land too valuable to remain farmland. They created the Ladd Estate Company and deeded Hazel Fern to one of the sons, William M., who made the Ladd Investment Company. On April 24 of that year, the tract was sold for $2 million, the largest sale of vacant land in Portland’s history at the time.
On May 24, the Laurelhurst Company planned to develop Hazel Fern for residential homes. Paul Murphy, one of the company members, had been involved in Seattle’s Laurelhurst subdivision, so the same name was also given to the new Portland development site.
The Olmstead Brothers, a Massachusetts architectural firm, was hired to plant the development within the parameters set by the City Beautiful Movement. The firm had previously worked in Seattle and Portland developing city-wide park plans and contributed to the site plan for the 1905 Lewis and Clark World’s Fair and Exposition in Portland.
Their plan was to develop a neighborhood with lush natural vistas that unfolded as the viewer traversed curving streets. Laurelhust Company took on the task of the neighborhood’s development and planted trees, established utilities, and paved over 52 miles of sidewalks and 26 miles of streets after platting 2,800 lots. Tracts were set aside for an elementary school, a 32-acre park, and the Mann House, a safe home for women.
Building restrictions were put in place designating only single-family homes be built costing no less than $3,000 (excluding stores and apartment buildings.) Other restrictions included the making or selling of alcohol and selling to Portland’s Chinese, Japanese, and Black residents.
During this same period, the Ladd Investment Company deeded an area on Glisan Street for what would become the Montavilla streetcar line, an important part of Laurelhurst’s development. The automobile wasn’t yet front and center in residents’ daily lives.
Homes sold fast. By 1910, about half of the lots were sold. Two of the biggest selling points were the park and the atmosphere it created, including Laurelhurst Club and its tennis courts. By 1925, nearly all lots had been built on, including an area known as a “bungalow fairyland.” To this day, Laurelhurst maintains its distinct identity with non-residential zoning kept to a minimum.
Laurelhurst Ranking and Stats
Median home price: $865,000
Walk score: 82
Bike score: 94
Transit score: 67
Laurelhurst School: 9/10
Grant High School: 8/10
Laurelhurst Points of Interest
Laurelhurst Park is one of Portland’s most popular and iconic parks, spanning nearly 30 acres at the neighborhood’s southern edge.
The Laurelhurst Club is a newly renovated rental venue originally built in 1912. It features cathedral ceilings with exposed beams, hardwood floors, a mid-century mezzanine bar, and an outdoor garden. It is a popular choice for weddings, fundraisers, and events.
Laurelhurst Restaurants, Bars, and Businesses
Here are some unique food offerings and shopping worth experiencing on Sandy Blvd.
The Shaku Bar—a newly opened bar (May 2022) with a large outdoor patio offering creative cocktails and a Japanese-influenced food menu.
Petite Provence Boulangerie & Patisserie—a French-inspired cafe with multiple locations serving coffee, baked goods and dishes made with produce from its restaurant-owned farm.
Piccone’s Corner—Italian-inspired butchery and osteria serving farm-raised meats from the butcher counter or for dining in.
No Bonz Doggy Daycare—a daycare for dogs offering daytime and overnight boarding with a live webcam for pet owners.
Chopsticks Karaoke Bar—Late-night Portland karaoke institution with a lighted stage, serving drinks and Chinese food.
Pulse PDX—a dance club-themed group fitness and strength classes complete with lights and a disco ball.
Check out our dynamic Portland neighborhood map to see all Laurelhurst homes for sale.
2. Sellwood-Moreland
Sellwood-Moreland is an inviting, small-town neighborhood with a quiet, residential feel. It offers quick access to downtown Portland’s cultural and business districts, yet it has privacy, which means it operates to an extent as its own little hamlet.
It sits in southeast Portland along the Willamette River, offering stunning waterfront views and outdoor activities. Some of Portland’s first Victorians, cottages, and Craftsman bungalows can be found here, and the charm of these older homes along with its eclectic mix of antique shops, cozy coffee houses, thriving food scene, and family-friendly parks give it a welcoming, small town feel. The blend of nature, tranquil residential living, and the area’s strong sense of community make it a valued place for locals to call home.
If you like a neighborhood with quiet, tree-lined streets, perfect for strolls and connecting with neighbors, Sellwood might be the place for you.
Sellwood History
Once a Native American fishing and trading encampment, the area was settled by Henderson Luelling, his brother, Alfred, and William Meek in the late 1840s. The men brought livestock and traveling nurseries to the area and established a horticultural community consisting of nurseries and fruit orchards. They are believed to have introduced many first strains to the region, including Lambert and Bing cherries.
In 1866, East Portland minister Rev. John Sellwood bought a 321-acre tract of land that makes up most of the community today, and 16 years later, the Sellwood Real Estate Company purchased the land. From 1887 to 1893, land holdings in Sellwood were tied up in litigation due to Sellwood Real Estate Company’s financial problems.
The Oaks Amusement Park was created in 1905 to capitalize on the tourist traffic brought to the area by the Lewis and Clark World’s Fair and Exposition.
By 1920, the area employed around 600 people, but then the Great Depression hit, wiping out the community’s advances. It experienced a short-lived rebound thanks to the surge of industry prompted by World War II, but ultimately, property values in the area depressed. In the 1970s, the revitalization of Sellwood’s commercial district brought new businesses, most of which were focused on antiques on 13th Avenue, or Antique Row, as known by locals — many of which still thrive today.
Several of the early buildings still stand, including the Bank of Sellwood, Sellwood Fire Station, the Shannon Residence, and St. Johns Episcopal Church, the oldest building in Sellwood.
Sellwood Rankings and Stats
Median home price: $687,000
Walk score: 81
Bike score: 96
Transit score: 45
Sellwood Middle School score: 7/10
Sellwood Points of Interest
Sellwood Riverfront Park—7.6-acre park on the Willamette River with paths, picnic tables, restrooms, a stage, a boat dock, and an off-leash dog area.
Westmoreland Park Nature Playground—42-acre municipal park.
Johnson Creek City Park—A 4.5-acre city park named after Johnson Creek, which flows through the park.
Oak Bottom Wildlife Refuge—141-acre city park known for attracting a wide variety of birds.
Oaks Amusement Park—a small amusement park, one of the oldest continually operating amusement parks in the country.
Eastmoreland Golf Course—a public course surrounded by parks and gardens offering lessons, a pro shop, and an eatery.
Stars and Splendid Antique Mall—a storied, sprawling business with vendors selling antiques, vintage jewelry, and home decor.
Unique Antique—vintage home items, jewelry, and precious metals acquired via cash, consignment, or trade.
Sellwood Restaurants, Bars, and Businesses
As with the rest of Portland, food carts have popped up in Sellwood (Sellwood Corner Food Carts, Piknik Park Food Cart Pod, The Yellow Cart—formerly Papa Lee’s Kitchen).
Killer Burger—a counter-service joint serving burgers with toppings like peanut butter and sriracha, plus local beer.
Piece of Cake— a long-running cake specialist with vegan and gluten-free options known for its quirky vibe.
Sellwood Inn—a laid-back pub and eatery with a beer garden, poker machines, darts, and pinball.
Calabash Authentic—Fresh Calabash, Authentic West African cuisine, made daily.
Moreland Ale House—a laid-back sports bar with Asian-inspired bites, local craft beers, weekend brunch, and outdoor seating.
PDX Sliders— an easygoing eatery serving imaginative sliders and sandwiches made with local ingredients, as well as craft beers.
Saburo’s Sushi House—Nigiri sushi and rolls are super-sized at this bustling, no-frills Japanese restaurant.
Bastion PDX—Seasonal, sustainable plant-focused American cuisine: always gluten-free, soy-free, refined sugar-free cuisine.
Papa Haydn—European-style desserts meet upscale American sandwiches and salads at this romantic cafe with a patio.
Reverend’s BBQ—Fried chicken, smoked meats, and beer on tap in a contemporary space with both counter and booth seating.
Wei Wei – A Taste of Taiwan—Creative Taiwanese noodle soups, bars, desserts, and teas in an intimate space.
Gino’s—Modern trattoria offering carefully prepared Italian dishes and an extensive wine list in a sleek room.
The Muddy Rudder— a laid-back pub with a kid-friendly garden patio offering pizza, sandwiches, and salads, plus live music.
Fairlane Coffee—a specialty coffee shop that uses ethically sourced coffee beans and also serves tea, savory snacks, and more.
Jade Tea House—a homey Thai and Vietnamese cafe selling French-inspired confections like tarts and macarons.
Backcountry Wine Tours—Customized tours to a variety of top-tier Oregon wineries.
Check out our dynamic Portland neighborhood map to see all Sellwood homes for sale.
3. Goose Hollow
Goose Hollow is an urban area that joins history and contemporary living. It also joins some valuable traits: quick access to Portand’s downtown district and a stable, historic residential neighborhood.
It is within walking distance of Portland’s city center and close to Providence Park, which attracts young professionals and sports lovers. The park has long hosted sporting events and is home to Portland’s soccer team, the Timbers.
The blend of parks, schools, cafes, and pubs creates a lively environment that attracts people wanting an energetic and convenient place to live, yet it still maintains a relaxed feel. It is generally safe and somewhat family-friendly, but the area is best for those who crave a more lively lifestyle while also being rather affordable.
Goose Hollow History
Daniel Lownsdale built the first house in Goose Hollow in 1845 on his land claim, “The Hollow” (the North side of the neighborhood’s lower sections), which is now Washington Park and King’s Hill. Amos King later bought the claim, and Lownsdale bought Francis Pettygrove’s land by the Willamette River. Thomas Carter built a house on his land claim on the south end near SW 18th and Clay, known as Carter’s Hill, what we now know as Vista Ridge.
Much of it was undeveloped and wild when it was founded. The area surrounding Tanner Creek was a flood basin, and many of the local women raised geese there, harvesting their feathers for down. Over time, flocks started to co-mingle, which led to disputes among owners, sometimes resulting in calls to the police. The problem made its way into the courts with threats from Judge J.F. McCoy to jail the next woman to start a fight over the geese. In reporting about the incidents, the Oregonian used the name “Goose Hollow” to describe the neighborhood, referring only to the lower elevations of the area.
Though disagreements over geese no longer exist, reminders of that time still remain, including many images and references to geese. The name was lost over decades of change and development and wasn’t resurrected until 1967 when former mayor Bud Clark opened the Goose Hollow Inn.
Goose Hollow Rankings and Stats
Median home price: $349,000
Walk score: 94
Bike score: 81
Transit score: 83
Ainsworth Elementary School: 9/20
Lincoln High School: 8/10
Goose Hollow Points of Interest
Frank L. Knight City Park—steep, undeveloped hillside city park next to the Vista tunnels, full of trees and bushes.
Jefferson Street City Park—a small, circular city park with evergreen and deciduous trees.
Providence Park—a sports and events venue with a stadium and field hosting Major League Soccer, college football, and more.
Multnomah Athletic Club (MAC)—a private social and athletic club.
Zupan’s Market—a family-owned neighborhood gourmet grocer serving the Portland metro area food and wine from local and global sources.
Goose Hollow Restaurants, Bars, and Coffee Shops
22 Below—a rolled ice cream spot that also serves popping, milk, and shaken teas, along with boba smoothies.
Vtopia All Vegan—warm, unassuming nook specializing in cashew-based cheeses, vegan sandwiches, and salads.
Kinara Thai—neighborhood nook with contemporary decor preparing a menu of traditional Thai specialties.
Mazatlan Mexican—a colorful eatery with a patio offering fresh fare, large margaritas, music, and karaoke on weekends.
The Soop is a Korean restaurant that utilizes an indoor hydroponic and microgreen farm. It brings fresh ingredients closer to your table by breaking down the old barriers set by traditional farming. In Korean, “soop” means “forest.”
Gilda’s Italian Restaurant is a happening, mural-adorned spot that draws crowds with its ample portions of traditional Italian fare.
Gracie’s is a swanky restaurant with a classic Hollywood feel that serves refined American fare in the Hotel deLuxe.
Goose Hollow Inn—venerable, laid-back tavern known for its cluttered decor and hefty Reubens, with an outdoor deck.
The Commodore Lounge—modest neighborhood watering hole with billiards and classic American comfort food in chill surroundings.
Kingston Sports Bar & Grill—a basic sports pub in a triangular building with a pub-grub menu, many TVs, and a popular happy hour.
Leaky Roof Gastro Pub—a cozy pub with an easygoing vibe offering a diverse menu and cocktails in a warm, light-filled space.
The Cheerful Bullpen—a no-frills sports bar with individual TVs in every booth for rooting on teams like the Buffalo Bills.
Super Joy Coffee Lab / Roasters—Asian-owned coffee roaster offering beans with elements of Chinese culture.
Check out our dynamic Portland neighborhood map to see all Goose Hollow homes for sale.
4. Irvington
Irvington is an excellent location for commuters going to work and other nearby Portland neighborhoods. Access to downtown and the Pearl District is easy with a quick jaunt over the Broadway bridge. It is also a strong choice if you prefer a more established and prestigious neighborhood in a centralized location. Its grand old homes and meticulously manicured lawns are some of Portland’s finest. The broad, tree-covered avenues and neighborhood plan have a stately vibe.
Irvington is known for being family-friendly, safe, and having a strong community spirit. It also has a highly ranked elementary school and excellent walk/bike scores, making Irvington a place where many strive to live. The blend of all of these benefits has kept Irvington one of the more in-demand areas in Portland.
Irvington History
Irvington was once part of the City of Albina before Albina was annexed into Portland. Despite early industrialization and times of social unrest, Irvington has maintained its elegant character, but it did experience challenges.
Like virtually all of Portland, the area was first occupied by Confederated Tribes of the Grand Ronde, and the land was broken up and developed by the Donation Land Claim Act in 1852.
The owner of much of Irvington’s donation land claim was Captain William Irving, a sea captain and shipbuilder. After his passing in 1872, his widow and son sold most of the land to Ellis B. Hughes, John W. Brazee, a local businessman, and David B. Thompson, a two-time mayor of Portland. Although the land was platted in 1874, it failed to sell because there was no streetcar service to the area, and there was cheaper land in the Albina and East Portland communities. The owners sold the land in 1887, with development not occurring until 1890.
Land in Irvington started to sell consistently at the end of the century, mostly due to the need for housing for the city’s growing middle and upper classes. The nearby Albina’s industrial base also continued to grow.
Until its annexation with Albina and East Portland, Irvington was one of northeast Portland’s major recreation areas with horse and motor racing bounded by 7th, Freemont, Brazee, and 12th. What we now know as Irvington Park was a site for barns, grandstands, and landscaping.
Economic wealth came to the area in 1905, thanks to the Lewis and Clark World’s Fair and Exposition. Three years later, Prospect Park Company bought the land with the intention of developing it for upper-class homeowners. Eight acres were improved with sewer, water, gas mains, and hitching rings, along with asphalt streets and a luxury not found in other parts of the city: a network of concrete sidewalks. All this came at a cost of a quarter of a million dollars, which wasn’t cheap.
With the highest elevation in the city, the neighborhood was billed as offering downtown and mountain vistas. However, the views were lost due to lots having been graded flat.
By 1910, three streetcar lines ran between downtown Portland and Irvington. This increase in accessibility prompted more development, with photos of newly constructed homes featured weekly in the newspaper’s weekend edition. It was an opulent place to live and maintained that reputation until after World War II, but then the buildup of downtown and nearby Lloyd Center occurred. The development displaced many of the lower-income residents from those areas and forced them into Irvington, which caused current residents to leave and property values to decrease quickly.
In 1964, the Irvington Community Association was formed to stabilize the neighborhood and encourage residents to stay, and it worked. Then, in 1967, the Irvington Home Tour was created to revitalize interest in Irvington and resurrect its past presence as one of Portland’s more desirable neighborhoods. The tours still happen today. The 1970s Model Cities grant also aided with rehabilitation and improvements. Though Irvington has some condos, most residences are elegant single-family homes restored to their original beauty.
Irvington Rankings and Stats
Median home price: $1.15M
Walk score: 84
Bike score: 99
Transit score: 67
Alameda Elementary School: School: 8/10
Irvington Points of Interest
Irving Park—16-acre city park located at Northeast 7th Ave. and Fremont St.
Irvington Tennis Club—a tennis club established in 1898, listed on the National Register of Historic Places.
Irvington Restaurants, Bars, and Coffee Shops
Lucca Restaurant—serving wood-fired pizzas, pastas, and other classic Italian dishes served in a cozy, bustling dining room.
Taste Tickler—a long-standing eatery serving up sandwiches, Japanese bento boxes, and more in a bare-bones setting.
Black Water Restaurant—a happening nightspot with creative cocktails and pub eats with vegan options, plus live bands.
Twisted Croissant—a bakery reimagining the possibilities of croissant dough and providing handcrafted croissants, cruffins, and croissant donuts.
Cadillac Cafe—a neighborhood spot serving classic American breakfasts and lunches, with a vintage Cadillac on display.
New 715 Inn—neighborhood watering hole with a pool table, video poker, and a low-key atmosphere.
Check out our dynamic Portland neighborhood map to see all Irvington homes for sale.
5. St. Johns
St. Johns is known for its iconic bridge, distinctive character, industrial heritage, and small-town charm. It is also an area the locals are extremely proud to call home. Many residents know each building’s history, current owners, and quality of offerings.
The neighborhood sits at the joining of the Willamette and Columbia Rivers. It is, by and large, self-contained and offers beautiful views and ample outdoor activities – especially at Cathedral Park. The neighborhood feels almost like its own city.
Some of the oldest buildings in Portland are located here and in many different styles, including ranches, cape cods, and Victorian. Still, the area’s vibe is more laid-back than Portland’s more central neighborhoods. It collects artists and families who value a slower pace of life. The school rankings are lower than others on this list, but it has a more affordable cost of living compared to other Portland areas. It is community-centric, with many small businesses. No pretentiousness here.
The neighborhood is often described as extremely friendly. The deep pride is due to its unique placement on a peninsula that helps it maintain a feeling of autonomy from the rest of Portland. Some of the pride comes from its famous St. Johns Bridge, the Grand Lady of Portland. You will likely spot people walking dogs dressed up as the bridge.
St. Johns History
St. Johns had its own municipality in 1902, but it became part of Portland in 1915. The old city hall is currently the police station. The comes from St. John, or rather James “Jimmy” John, who owned a home and store in town and operated a local ferry. He bought 320 acres of donation land claim in 1846 and platted it in the 1850’s. The name St. John was recorded incorrectly with an “s” at the end. Other prominent contributors of land were Lewis Love, who donated over 630 acres, and the Gaston Family, who farmed 320 acres of donation land claim since 1852.
Some of the oldest buildings in Portland are found here, and some businesses have rich histories. One example of an institution in the area was “The Man’s Shop,” which opened in the 1940s to offer “everything a man could want.” The shop closed in 2019 — the end of an era.
St. Johns Ranking and Stats
Median home price: $450,000
Walk score: 63
Bike score: 86
Transit score: 42
James John Elementary School: 6/10
George Middle School: 4/10
Roosevelt High School: ranking not available
St. Johns Points of Interest
Cathedral Park—hosts the St. Johns Jazz Festival each year. It sits directly below the St. Johns bridge and has a stage and plaza, a boat ramp, a dog off-leash area, paved paths, and a nature patch.
Forest Park has a trailhead and features local wildlife, such as spot deer and other small animals.
Smith and Bybee Wetlands Natural Area—a protected wetland scenic area that attracts all wildlife, such as beaver, river otter, black-tailed deer, osprey, bald eagles, and one of the largest remaining populations of Western painted turtles in Oregon.
Columbia Slough— has boat ramps for canoeing and paddle boarding. Public art also adorns the restored trail.
Pier Park—a forest-like park with a play area, skateboard park, disc golf course, and outdoor public pool- hosts classical music performances.
Chimney Park—an 18.39-acre area with a dog off-leash area that acquired its name from the city’s incinerator chimney, previously located on the site and removed in 1990.
St. Johns City Park—located in the center of the neighborhood and is home to a play area.
St. Johns Community Center offers before- and after-school activities for kids, classes, and events for all.
The St. Johns Parade—has been held in the neighborhood every year for over 50 years. It is a free celebration open to all, complete with homemade floats.
St. Johns Restaurants, Bars and Businesses
Rockabilly Cafe—Newer restaurant fashioned as an old-school diner serving American comfort food made with local and organic ingredients.
Mikasa Sushi & Ramen—a Sushi bar offering rolls, nigiri, and a selection of ramen bowls.
Paiku—a bakery selling sweet and savory pies with a brunch menu and to-go picnic dinner packages.
Big Kahuna Barbecue & Catering—Restaurant serving Hawaiian-style barbequed meats and side dishes.
Lombard House—Cozy neighborhood bar inside a house welcoming food from the carts outside.
3 Tracks Music—Shop specializing in vintage guitars, amps, and acoustic instruments.
Leisure Public House—Pub with local beers on tap, delicious sandwiches, ping pong, and bocce ball.
Blue Moon Camera and Machine—Photography shop and film-developing studio carrying vintage cameras.
Signal Station Pizza—Pizza eatery inside a historic gas station serving pizza, calzones, and subs.
McMenamin’s St. John’s Theater and Pub—Movie theater showing second-run movies with beer and snacks available for purchase.
Vinyl Resting Place—Record shop buying and selling unique records, including jazz, folk, and blues.
St. Johns Twin Cinema and Pub—Old movie house with two screens selling pizza, beer, coffee, and snacks.
Check out our dynamic Portland neighborhood map to see all St. Johns homes for sale.
6. Pearl District
The Pearl District is a revitalized warehouse district in the heart of the city and is known for being the upscale and trendy section of Portland. Often called “the Pearl,” it is one of the most famous areas of Portland. It is home to fashion, sophistication, and upscale living, including luxury apartments, sleek high-rise condos, and industrial buildings converted into spacious lofts. It is also well-known for its vibrant arts scene and is home to numerous galleries, theaters, and design studios. The streets are lined with high-end boutiques, gourmet restaurants, and coffee shops.
With easy access to so many amenities, the Pearl District is the most walkable neighborhood in Portland, with a walking score of 99. Scores don’t get much higher than that. It is also a cyclist’s dream with no need for a car to run daily errands, earning the neighborhood an equally high bike score of 99.
Tranquil Tanner Springs Park offers a peaceful place to relax. The urban activity means the area isn’t considered the most family-friendly, but it is still considered safe.
Pearl District History
The district used to look quite different. It was once a residential area. Portland grew as an emerging world seaport, and railroad development skyrocketed after the 1905 Lewis and Clark Exposition. Railroad entrepreneurs competed heavily with each other in the area. The district, then known as the Northwest Triangle, turned into railroad tracks, warehouses, and industrial buildings.
In the 1970s, the warehouse area began to be populated by artists who took advantage of affordable housing. In 1971, Powell’s Books opened, and more culture and businesses followed. Redevelopment began in the 1980s. The River District Urban Renewal Plan in the 1990s was instrumental in changing the district to a multi-family housing and commercial area.
Growth has continued to improve. Even today, new restaurants and construction happen regularly. The district is currently home to the Cosmopolitan on the Park, Portland’s tallest residential building.
District Ranking and Stats
Median home price: $600,000
Walk score: 99
Bike score: 99
Transit score: 88
Chapman Elementary School: 6/10
West Sylvan Middle School: 6/10
Lincoln High School: 7/10
Pearl District Points of Interest
Willamette River Greenway Trail winds along the neighborhood’s banks, where cyclists and pedestrians can take in the scenery up close.
Jamison Square—features an expansive water fountain and several sculptures and art installations along the park’s perimeter commemorating the area’s history.
The Fields Park—developed in 2013 and Pearl’s newest park. It has a dog park, an open space for performing arts, an adventure playground, and a paved walking path.
Tanner Springs Park—showcases an artistically designed walking trail along its re-created wetlands.
North Park Blocks— six blocks located between NW Park Ave. and NW 8th Ave. that together form a city park. An accessible play area, basketball and bocce courts, paths and public art can be found on each of its blocks.
Pearl District Restaurants, Bars, and Businesses
Powell’s Books—“the world’s largest independent bookstore”, occupying a full city block and also a famous Portland institution
Armory Building—established in 1891 and home to the theater productions and community programs of Portland Center Stage.
Alchemy—Jewelry store with high-end custom designs made by a team of experienced jewelers.
dfrntpigeon—an apparel brand supporting at-risk youth through mentorship and paid design work.
ECHO Natural Beauty—a spa offering holistic facial and massage services and “eco luxe” skin care products.
Monique’s Boutique— a designer clothing boutique selling eclectic designs at affordable prices.
Old Town Florist—floral shop with a diverse array of tropical and locally grown flower arrangements.
Verdun Fine Chocolates—the first US shop opened by a Lebanese chocolatier with over 40 years of experience crafting gourmet chocolates.
10 Barrel Brewing—a pub location offering popular craft brews from Bend, OR, with 20 beers on tap and a rooftop patio.
Andina: Peruvian restaurant serving dinner and small plates with live Latin music at night.
Fuller’s Coffee Shop—a diner operating since with old-school charm, serving comfort food including breakfast and milkshakes.
Life of Riley—Relaxed neighborhood bar with a patio and a basement with a pool, shuffleboard, and darts.
Oven and Shaker—a pizzeria and cocktail bar with an authentic Italian wood-burning oven serving Neopolitan pies, Italian street food, and cocktails.
Blackfish Gallery—an art gallery owned and operated by a co-op of artists since 1979, representing 30 artists and exhibiting work from invited guests.
Check out our dynamic Portland neighborhood map to see all Pearl District homes for sale.
7. Northwest District (Nob Hill)
The Northwest District (Nob Hill) blends old-world charm and modern city living. It features Victorian homes and classic Portland architecture, and it bustles with activity. You can easily stroll to cafés, chic boutiques, independent bookstores, gourmet grocery stores, and cozy cafés. The historic NW 23rd Avenue features many upscale shops and dining options.
Not to be outdone by city conveniences, the neighborhood also offers a natural, tranquil feel. Forest Park is one of the largest urban forests in the United States. The blend of both city and natural conveniences makes Northwest District a highly sought-after neighborhood.
Northwest District History
The area began with a land claim by John Couch in the 1850s, whose land later became the southern and eastern sections of Northwest Portland. Dandfard Balch then secured land north and west of Couch, after which Danford’s claim was broken up to create the district we know today.
As Portland grew in the 1870s and 1880s, growth extended into the area to include a hospital and high-end homes. As automobiles became more popular in the 1900s, the growth outside of the city reduced the area to a mix of single-family homes, apartments, industry, and commerce. It became one of the poorest areas of Portland by the mid-1940s. World War II led to strong shipbuilding in Portland, causing a housing shortage and further subdividing the apartments. The population declined after the war into the 1960s, despite attempts to revive it.
Social and economic change in the 1970s and 80s brought trendy boutique stores and home restorations back from apartments to single-family dwellings. Row houses also replaced many apartments to make room for upper-middle-class buyers, though many fights ensued to save some of the historical homes. The Alphabet Historic District was designated a National Historic District in the 1990s.
Northwest District Ranking and Stats
Median home price: $487,000
Walk score: 93
Bike score: 90
Transit score: 65
Chapman Elementary School: 6/10
Metropolitan Learning Center (K-12): 7/10
Cathedral School: Not available
St. Mary’s Academy: Not available
Northwest District Points of Interest
Forest Park: the largest urban forest in the US and a true landmark in the area.
The Parish of St. Mark— one of Portland’s most beautiful churches.
Cinema 21: A beloved old movie theatre is still in operation, and some movies allow for beer and wine.
Northwest District Restaurants, Bars, and Businesses
Elephant’s Delicatessen—an innovative and highly regarded local deli and catering chain that offers something for everyone
Besaw’s—a popular breakfast spot in the city
Freakybuttrue Peculirarium—one of the oldest stores where oddities abound!
21st Avenue Kitchen and Bar—An institution in the city offering locally sourced food and regional wines, beers, and speciality cocktails.
Marrakesh Restaurant—A traditional–styled Marrakesh eatery that is as delicious as it is to look at.
G-Love New American Kitchen—a restaurant serving creative non-meat dishes
New Renaissance Bookstore—a long-adored bookshop offering fiction and non-fiction and plenty of spiritual-based literature, as well as crystals, candles, and statues.
Check out our dynamic Portland neighborhood map to see all Northwest District homes for sale.
8. Hollywood District
The Hollywood District is one of the smallest districts in the city, but it is big on character, making it a popular destination for road trippers. Located in Southeast Portland, the neighborhood is a vibrant and bustling urban area that exudes Portland Charm while being family-friendly. You won’t find wild, crazy nightlife here, but it is home to excellent dining, a lively commercial district, the iconic Hollywood Theatre, and one of the finest farmer’s markets in Portland. It is not as upscale as other Portland neighborhoods but offers a strong value for your dollar.
In terms of homes, the Hollywood District mixes historic buildings with contemporary living. You will find homes in styles such as Arts and Crafts, Foursquare, Spanish Revival, and bungalow homes, some of which are listed on the National Register of Historic Places.
The neighborhood features several schools, libraries, and family-oriented activities throughout the year. The area has a strong sense of community and easy access to public transit, making it a practical choice. The area’s blend of affordability, safety, and community-focused living makes it an attractive option for urban living at lower budgets.
Hollywood District History
The name Hollywood originates from the Scottish word “Holyrood,” an area in Edinburgh, Scotland. The area was originally a land claim of Joseph Backenstos and provided to his widow by President Andrew Johnson in 1866.
In the early 20th century, the area consisted only of a dirt road and a few homes but then grew to become a suburban area. Real estate developers Hartman & Thompson used the land to create the Rose City Park subdivision in 1907. Many of the original Craftsman, Foursquare, and bungalow homes still exist. That same year, Hartman & Thompson added the Rose City line, a streetcar system that improved the area’s growth.
The neighborhood changed again after 1920 to become one of Portland’s most popular commercial destinations. Sandy Boulevard became a popular cruising road in the state. Walter Tebbetts built the famous Hollywood Theatre in 1926, solidifying the area’s name change. Other neighborhood buildings adopted the style, giving the area its distinct character. The theatre still exists and plays movies today. The district continues to blend the old and new.
Hollywood District Ranking and Stats
Median home price: $525,000
Walk score: 94
Bike score: 95
Transit score: 73
Odyssey Middle School:8/10
Grant High School: 8/10
Hollywood District Points of Interest
Hollywood Theatre—a Bohemian-designed theatre that gets better the longer you look at it from the outside.
Tony Starlight’s Supperclub & Lounge—home to cocktails and jazz and a place to wear your finest threads
Hollywood District Restaurants, Bars, and Businesses
Shangdong Restaurant—famous for its Dragon in the Garden soup and potstickers
Bluefin Tuna and Sushi—your home for sushi in Hollywood and so popular that you will likely need a reservation
Check out our dynamic Portland neighborhood map to see all Hollywood District homes for sale.
9. Sylvan-Highlands
The residential Sylvan-Highlands neighborhood sits in the Tualatin Mountains and is a forest haven, making it an ideal home for nature lovers. It is also known for its excellent schools.
At 1,100 feet at its highest point, this neighborhood is one of the highest areas of Portland and gets more snow than any other area. Set in a hilly terrain and filled with stately homes with forest views and space for solitude, the neighborhood has an upscale feel with homes ranging from classic bungalows to Cape Cod and NW Contemporary styles.
Multiple parks surround the area, including Forest Park, Washington Park, and Hoyt Museum, a “living museum” of native trees. The Discovery Museum educates visitors on forest ecosystems and the future of forestry. The area also neighbors the Oregon Zoo. Numerous trails allow for ample exploration, though the neighborhood itself is not particularly walk or bike friendly.
Sylvan-Highlands History
Eccentric pioneer Nathan B. Jones settled in Tanner Creek and platted lots in the 1850s for an area he called “Zion Town.” He planned to make the area Oregon’s next capital. The area had a dirt road that connected Portland to the Willamette Valley, allowing for easy transportation of the valley’s crops to Portland for shipping.
Jones was later killed during a robbery in 1894. His name for the town also didn’t last. Two other post offices in Oregon were named Zion, so a local resident recommended a name, “Sylvan,” based on the name “Sylvanus,” the Roman deity of the woods.
Sylvan-Highlands District Ranking and Stats
Median home price: $1.1M
Walk score: 19
Bike score: 36
Transit score: 43
Bridlemile Elementary School: 9/10
West Sylvan Middle School: 9/10
Lincoln High School: 8/10
Sylvan-Highlands District Points of Interest
Forest Park – one of the country’s largest urban forests, drawing hikers, cyclists, and nature enthusiasts with its extensive 70-mile network of trails beneath towering trees.
Washington Park and its Hoyt Arboretum—a “living museum” of Pacific Northwest native trees
World Forestry Center—an organization that promotes sustainable forestry
Discovery Museum— learn first-hand about forest ecosystems and the future of forestry.
Vietnam Veterans of Oregon Memorial, which was dedicated in 1987 to honor fallen Oregon soldiers.
Wildwood Trail— a 30-mile trail connecting Washington Park with Forest Park to the north via the newly constructed Barbara Walker Crossing.
Sylvan-Highlands District Restaurants, Bars, and Businesses
Pizzicato—Now a well-recognized local pizza chain, this is the very first location opened by owners Marc and Tracy Frankel in 1989. Their original restaurant is a great spot for consistently good pizza with creative toppings, including roasted vegetables, handmade sausages, and fresh herbs.
Clift House Ceramics and Claystation Studio—Offering nature-inspired pottery, printed custom nature photographs, and one-on-one instruction.
Effortless Movement Pilates Studio—“Classical Style” Pilates to increase strength and improve mobility.
Check out our dynamic Portland neighborhood map to see all Sylvan-Highlands homes for sale.
10. Boise
Boise is a balance of old and new, and some of the newer traits have turned it into a “destination neighborhood” for both visitors and residents. In addition to Victorian cottages and Craftsman homes, there are newer urban-style lofts for more contemporary living. The area is diverse, trendy, and entrepreneurial, with many locally-owned businesses. The neighborhood is famous for its local bars, restaurants, and retail shops.
Boise is extremely easy to get around by foot and bicycle. It has impressive walking and biking scores of 93 and 99, respectively. All traits combined have made it a coveted neighborhood.
Boise History
The neighborhood’s name was chosen in honor of Reuben P. Boise, and local schoolboard member in the 1850’s who later became a circut judge and then a member of the Oregon Supreme Court. The neighborhood was part of the city of Albina which merged into Portland in 1891. Albina was the Portland’s industrial hob and home to many immigrants looking for work.
The Albina area has a rich history of black residents, though the demographics have changed recently. In the 2000s, with the black population dropping from 48% in the 2000 census to 26.6% in 2010, much of the change came from whites. Historically, blacks were by and large excluded from living in Albina all the way up to 1926, but a small number worked in the area’s rail and service industries. The black population grew in the area due to three main factors:
● Blacks being excluded from other areas during the Great Depression
● A boom in work came during World War II
● The Flood of 1948 wiped out the town of Vanport, displaying 18,000 residents, one-third of whom were black and had few other areas to live.
Today the area is a diverse and trendy neighborhood with a high walk and bike score of 93 and 99 respectively. It also has a superbly ranked high school, with a whopping 9/10 from greatschools.org.
Boise Ranking and Stats
Median home price: $460,000
Walk score: 93
Bike score: 99
Transit score: 53
Elementary School: Boise-Eliot Elementary School
Middle School: Harriet Tubman Middle School
High School: Grant High School – 9/10 on greatschools.org
Boise Points of Interest
Denorval Unthank Park— the neighborhood’s playground with paved paths, a play area, a basketball court, and soccer and baseball fields.
Portland Community College—opened in 1970. The campus offers programs in the arts, job training, and self-improvement courses.
Boise Restaurants, Bars, and Businesses
Prost! Marketplace—some of the finest food cart fare in Portland located next to one of the best German bars in town.
Mississippi Studios and Bar Bar is an intimate music venue that is reported to have the best sound in Portland. It also has its own bar serving drinks and burgers.
Lovely’s Fifty-Fifty—a popular restaurant serving pizza with fresh herbs and homemade ice cream.
Stormbreaker Brewing—local brewer with a wonderful all-weather outdoor seating area.
Gravy—one of Portland’s most popular breakfast restaurants, serving comfort food and their signature biscuits and gravy.
The Fresh Pot is one of the first businesses on Mississippi Avenue and one of the first cafes in North Portland.
Pistils Nursery—plant nursery and landscape design store also offering classes on goat raising, chicken keeping, composting, and more.
Miss Delta—Southern Cajun is on the menu here: hush puppies, fried catfish, and more.
Eat: an Oyster Bar—a hip venue with classic Cajun dishes and cocktails, and Sunday jazz brunch—New Orleans style.
XLB—a casual spot serving Chinese soup dumplings and other comfort dishes, plus beer and wine.
Either/Or—morning coffee and evening cocktails/happy hour with Chinese-American fare in a funky setting.
The Rambler: Cozy, inviting neighborhood tavern in a converted bungalow serving cocktails, craft beer, and sandwiches.
Tartuca—intimate Italian kitchen serving a seasonal menu of homemade pasta, pizza, shared plates, and old-world wines with an outdoor patio.
Stem Wine Bar—wine bar offering tastings, a wine club, live music, and trivia nights.
Check out our dynamic Portland neighborhood map to see all Boise homes for sale.
Want to Learn More About All the 90+ Portland Neighborhoods?
Check out PortlandNeighborhood.com – your local source of neighborhood information. It is our favorite place to browse Portland.
Are You Searching for the Perfect Home in Your Ideal Neighborhood?
If you are considering buying a home in any of these sought-after neighborhoods or anywhere in the greater metro area, our top 1% buyers team is here to help. Our deep knowledge of each neighborhood in and around Portland and local real estate can help you make the best choice. Or if you’re looking to switch neighborhoods, contact our top 1% sellers team. We charge less than most and provide more marketing and services. Call us at 503-773-0000 or chat with the bot on our site.
3D, Drone, Photography, Floorplans, and More
Virtual Home Staging – A New Way to Sell Homes
Each year we write a report on home staging, how much it costs, what kind of ROI to expect when you hire a professional stager, and more. We’re turning our attention to virtual staging now, a newer way to sell a home that’s quickly growing in popularity. Along the way, we’ll show some real life […]
Which 3D Home Tours Sell Homes Faster and For More Money?
It makes sense that in this day and age, 3D home tours on real estate listings positively impact home sales. But just how much they do may surprise you. In this article, we’re looking at national studies to shed some well-supported light on the subject of real estate technology. While professional photography, virtual staging, and […]
Professional Photography and 3D Tours Sell Homes Faster and for More
It might feel like a no-brainer to state that professional photos and 3D home tours help homes on the real estate market sell faster and for more. But that might surprise you is just how much more and just how much faster. I’ve been selling homes, licensed since 2003, and my team has completed over […]
5 Best Portland Suburbs
5 Best Cities to Live in Close to Portland, Oregon
Updated 04/2024 Across the country, many people are moving from city centers to smaller locales in search of more space and privacy and a quieter, more enriching quality of life. Like in New York and the Bay Area, many Portland, Oregon, residents are turning to suburbia. Think the suburban lifestyle might be for you? Read […]
Top 5 Most Affordable Portland, Oregon Suburbs: 2023 Report
For those looking to buy a home in 2023, the prospect may seem daunting when facing high mortgage interest rates and rising prices. But in fact, the housing market of 2023 is much cooler overall than last year and prices have currently stabilized. They are projected to rise only slightly in the spring compared to […]
5 Best Cities to Live in Close to Portland: 2021 Update
While the market for homes in Portland is seeing high demand, the suburbs are even hotter. After a year of pandemic living, the space offered by suburbs and small cities close to Portland only gets more appealing. Flight to the suburbs has been particularly strong in dense (and expensive) areas like New York City and […]
5 Things You Didn't Know
5 Things You Didn’t Know About Beaverton, Oregon
A known city in its own right, Beaverton is nestled between the Tualatin Valley farmlands and the West Hills and one of Portland’s fastest-growing, thriving suburbs. With a population of 97,494 (as of 2023), up from 89,803 in 2010, it’s easy to see why so many people are making Beaverton home. The city’s 16 square […]
5 Things You Didn’t Know About Corbett, Oregon
Located just off the Columbia River Historic Highway between the Sandy River and Crown Point, Corbett, Oregon sits twenty miles east of Portland. Known for its close proximity to stunning waterfalls and famous landmarks, this quiet little burg of 2,300 residents is one of Portland’s many desirable suburbs offering a serene lifestyle next to nature. […]
5 Things You Didn’t Know About Tigard, Oregon
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ADU Homes Sell for More Reports
Portland, Oregon Homes with ADUs Sell for More per Total Sq. Ft.
We update this article every year to let you know how much more Portland, Oregon homes with ADUs are selling for $X more per sq. ft. than those without. We keep doing this annual update so we can track the value of adding an ADU to a home over time. Keep reading to find out […]
Portland Homes with ADUs Sell for 11% More per Sq. Ft. 2023 Report
Have you toyed with the idea of putting an ADU on your property or buying a Portland home with an already-existing ADU? More and more, owning a home with extra living quarters is becoming a desire for many. Having extra space will allow you to house extended family or generate consistent rental income. It will […]
Portland Homes with ADUs Sell for 8% More – 2022 Report
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Average HOA Cost Annual Report
HOA Fees up 30% since 2020 in Portland, Oregon
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HOA Fees Have Inflated 20% in Portland, Oregon since 2020
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Average HOA Fees in Portland 2021. Are your HOA fees too high?
Some HOA fees are too high due to past mismanagement There are some condo complexes in Portland right now that have higher monthly HOA fees than the cost of the monthly mortgage if you were to buy one of their condos for sale. This happens for two main reasons. First, sometimes HOA management collected too […]
Best Time to Buy a Home
Best Time of the Year to Buy a Home in 2023
As the greater Portland real estate market cools off, 2023 looks to be a fantastic time to purchase a home. But even within that year there will be months where it is easier to find a home you want for a good price, and months where it will be a lot harder. Overcome the challenges […]
Best time of the year to buy a home in Portland 2022
Every year we write a best time of the year to sell a home and to buy a home in the greater Portland real estate market. I’ve been licensed to help people buy and sell homes in the area since 2003, and every year (except for 2020) the best time to sell and the best […]
Best Time to Buy a Home in the Portland Market – 2019 Update
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Best Time to Sell a Home
Best Time of the Year to Sell a Home
For many years I’ve been writing a report for the Portland real estate market that explains the best time to sell a home in our area. I update this report annually because the seasonal impact on our real estate market is severe. Seasonal changes have an oversized impact on our housing market that can be […]
Best Time of the Year to Sell a Home, 2023 Report
For many years I’ve been writing a report for the Portland real estate market that explains the best time to sell a home in our area. I do this annually because the seasonal impact on our real estate market is severe. Seasonal changes have an oversized impact on our housing market that seems muted in […]
Best Time of the Year to Sell a Home – 2022 Report
Seasonal real estate market trends in Portland have an enormous impact on a home buying and selling. Tell me what month of the year it is and I can tell you how buyers and sellers are experiencing our local real estate market, within the year’s larger trend. Licensed since 2003, I’ve seen the seasons trends […]
Best Time to Sell or Buy a Home
Best Time of the Year to Sell a Home
For many years I’ve been writing a report for the Portland real estate market that explains the best time to sell a home in our area. I update this report annually because the seasonal impact on our real estate market is severe. Seasonal changes have an oversized impact on our housing market that can be […]
Best Time of the Year to Sell a Home, 2023 Report
For many years I’ve been writing a report for the Portland real estate market that explains the best time to sell a home in our area. I do this annually because the seasonal impact on our real estate market is severe. Seasonal changes have an oversized impact on our housing market that seems muted in […]
Best Time of the Year to Buy a Home in 2023
As the greater Portland real estate market cools off, 2023 looks to be a fantastic time to purchase a home. But even within that year there will be months where it is easier to find a home you want for a good price, and months where it will be a lot harder. Overcome the challenges […]
Buy a Home in Portland
Rent VS. Buy a Home in Portland, Oregon – 2024 Update
According to one survey, 94% of respondents considered owning a home part of the American Dream; however, 51% of people who didn’t already own a home worried that they never would. With a rising cost of housing prices, an increase in federal interest rates, and a lack of housing stock, this fear is somewhat warranted. […]
Buying a Condo in Portland? 10 Things to Know
Homeownership in Portland might initially seem prohibitive with rising real estate prices and the highest mortgage rates we’ve seen in a few years. At the same time, condominiums have taken a different price trajectory, offering a glimmer of hope for buyers searching for a condo in Portland. Our interactive real estate map shows every condo […]
What is Title Insurance and Who Pays for It?
Buying or selling a home means anticipating costs, some of which are closing costs. In Oregon, most of the amount needed at closing is for title insurance. This type of insurance isn’t required by law in Oregon. However, most lenders require it to ensure a smooth transition from seller to buyer and to protect their […]
Buyer Closing Costs
What is Title Insurance and Who Pays for It?
Buying or selling a home means anticipating costs, some of which are closing costs. In Oregon, most of the amount needed at closing is for title insurance. This type of insurance isn’t required by law in Oregon. However, most lenders require it to ensure a smooth transition from seller to buyer and to protect their […]
Who Pays for Title Insurance? Oregon Closing Costs
When’s the last time you heard of someone losing their home because an unsatisfied heir of a previous owner laid claim to it? You probably haven’t because of title insurance, an often-overlooked component of real estate transactions. In Oregon, title insurance represents a lion’s share of the average home seller’s closing costs, but home buyers […]
Home Buyers and Seller Closing Costs – Portland, Oregon Metro Area Report
Updated 8/22/2023. For some people, “closing costs” is a vague term attached to selling or buying a home. Many aren’t clear about who pays what. Educating yourself on this part of the home selling/buying process is essential for a successful and surprise-free transaction. Closing costs vary from state to state. Also, because they’re based on […]
Buyers Agent Commission Rates
Average Buyers Agent Real Estate Commission, 2023 Report
I love writing about real estate commission. Licensed for 20 years now, I have always been surprised when Realty companies and other real estate agents are hush-hush about their commission rates. I have the opposite approach. My commission rates are transparent and upfront and I write annual reports on local and national real estate commission […]
Average Buyers Agent Commission, Portland 2022 Report
Buyers agent commission has been in the news a lot lately. The National Association of Realtors recently approved multiple MLS (multiple listing services) across the country to display publicly what commission the buyer’s agent would earn if they brought a buyer. This comes after the Department of Justice started and investigation into industry commission practices. […]
Portland Real Estate Buyers Agent Commission Rates 2021
Real Estate Commission is not typically split 50/50 between the sellers and buyers agent. Many sellers assume that real estate commission, whether they are paying their real estate agent 6%, 5%, 4%, or something else, is simply split 50/50 with the buyers agent. This would be a false assumption. All real estate commissions and negotiable […]
Buying a Condo in Portland
Buying a Condo in Portland? 10 Things to Know
Homeownership in Portland might initially seem prohibitive with rising real estate prices and the highest mortgage rates we’ve seen in a few years. At the same time, condominiums have taken a different price trajectory, offering a glimmer of hope for buyers searching for a condo in Portland. Our interactive real estate map shows every condo […]
Portland Condos for Sale: 2021 Buyers’ Guide
We’re fully immersed in the summer real estate market in Portland now, and that means excellent opportunities to become a condo owner. Amid the hot seller’s market, condos make for an affordable choice in Portland. And the variety on the market – from style to price – might surprise you. But how to navigate the […]
Portland Condo Market: the Affordable Choice for 2021
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 […]
Choosing a Buyers Agent
What is a Showing Agent in Real Estate?
It is pretty easy to tell the difference between a seller’s agent and a buyer’s agent in real estate, but what about a showing agent? Before I answer that question, I want you to know that in Oregon there is only one license, Broker, with two levels, Broker and Principal Broker. Real estate agent is […]
What is an Exclusive Buyers Agent Agreement and Should I Sign One?
Updated March 2024. Exclusive buyers agent agreements are highly debated among professional Realtors. Some real estate agents would never work with a home buyer unless they sign one, and other buyer’s agents have never used an exclusive buyer’s agent agreement and never want to use one (though the industry may soon force their hand). Buyers […]
5 Questions to Ask When Interviewing a Buyers Agent
Purchasing the wrong home in the wrong neighborhood at the wrong time can cost a home buyer money, peace of mind, and cause undo stress for years on end. So why do many buyers pick their closest friend or the first referral that comes along to be their buyer’s agent? For starters, they might think […]
Choosing a Sellers Agent
Real Estate Agent vs. Sellers Agent Specialist: What’s the difference?
Portland’s real estate landscape is vast! There’s a specialist for nearly every activity — and that’s a good thing. To have a hassle-free real estate transaction, you need someone handling the mortgage, someone looking at the title, someone inspecting the home, etc. That’s why a system has developed over the decades in which, in a […]
Selling a Home for the First Time? 5 Things Your Agent May Not Tell You
Real estate agents want your business and they especially want a new listing. While most agents are trained and licensed to put your interests first, it is also important to learn the essentials and advocate for yourself. We will help you understand the basic costs of selling a home (beyond commissions), the best time of […]
What Interview Questions to Ask a Realtor Before you Sell a Home?
Updated 03/2024 About to interview a Realtor to sell your home? Whether you were recommended to this real estate agent by a friend or you found the Realtor online, the next best step is to interview the agent at your home. Yes, you could interview the Realtor online or on the phone, but we recommend […]
Coming Soon and Pocket Listings
What is a Coming Soon Home in the Real Estate Market?
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 nationwide 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 […]
Pocket Listings Are Banned in Portland, Oregon
Pocket Listings in Portland, Oregon and throughout the U.S. have been a hot topic for many years. While some real estate agents have argued for pocket listings in the Portland real estate market, most argue against them or want sufficient regulations to protect home sellers and buyers. Pocket listings are usually defined as homes for […]
Pocket Listings Vs Coming Soon Homes for Sale
For anyone wanting to buy a home in Portland before 2019, pocket listings were a common practice here and across the country until the National Association of Realtors effectively banned them. In essence, this type of listing consisted of privately owned homes on the market that agents kept “secret” lists of and shared with small […]
Construction Rates, ADUS, and Zoning
Basement ADUs in Portland, 10 Things to Know
How many unfinished basements are there in Portland? As a top local Portland real estate agent, I can say with confidence: thousands! Many of those are perfect candidates for a basement ADU. Accessory Dwelling Units are of interest to Portland home buyers and homeowners alike because of their potential to offset the high costs of […]
RIP2 Portland Residential Infill Project Update
We first wrote about the Portland Residential Infill Project (RIP1). Since then RIP 2 has passed (June, 2022) and has been implemented. Portland’s residential infill project, in addition to new home construction rates and updated ADU (additional dwelling unit) guidelines, helps us understand whether or not Portland’s housing supply will increase enough (or not enough) […]
Portland, Oregon ADU Guide. Everything You Need To Know
Are ADUs a passing craze or a trend that’s here to stay? From the looks of it, at least in Portland, it’s the latter. Thanks to the city’s new ADU rules and regulations, Portland homeowners can now capitalize on this new trend, not only creating consistent monthly rental income but also adding to the value […]
Cost to Stage a Home Annual Report
How Much Does Portland Home Staging Cost?
Whether you’ve sold a home or not, you’re probably aware of the practice of home staging. The process of transforming a home into an interior design showcase has become a common practice in the real estate world. We know staging works, but considering staging costs and the potential return on your investment, is it really […]
How Much Does Portland Home Staging Cost? 2022 Report
Whether you’ve sold a home or not, you’re probably aware of the practice of home staging. The process of transforming a home into an interior design showcase has become common practice in the real estate world. We know staging works, but considering staging costs and the potential return on your investment, is it really worth […]
How Much Does Portland Staging Cost?
Even if you’re a first time Portland home seller, chances are you’ve heard something about the benefits of staging a home. Staging has become a standard feature of many major real estate reality shows, and it is undeniably fun to watch as lived-in homes are transformed into elegantly styled spaces. But one thing these shows […]
Deeds, Title, and Escrow
What is Escrow – And How Much Does it Cost?
The home-buying process can feel like a wild ride. And most of that ride can be pretty fun – you’re looking at houses online, touring them in person, and imagining yourself in your new home. What’s not as fun, though? The closing process, with its twists and turns and complicated terms. Closing on a home, […]
Real Estate Deed Vs. Title, What is the Difference?
In the world of buying and selling real estate, ownership transfer is at the center of it all. All the time-sensitive rules and regulations, along with the terms and jargon can be too much for homeowners and potential buyers to sort out. Two such terms are “deed” and “title,” and we’re often asked to explain […]
What is Escrow – And How Much Does it Cost in 2021?
The home buying process can feel like a wild ride. And most of that ride can be pretty fun – you’re looking at houses online, touring them in person, and imagining yourself in your new home. What’s not as fun, though? The closing process, with its twists and turns and complicated terms. Closing on a […]
Downpayment Grants for Home Buyers
Down Payment Assistance Programs for Home Buyers in 2023
Preparing to buy a home for the first time can be a daunting prospect with all of the factors to consider and steps to complete, not to mention the large financial investment involved in the initial downpayment. Because this is often the part of the home buying process that buyers either find most intimidating or […]
Down Payment Assistance Programs for Oregon Home Buyers 2022
The process of buying a home can seem daunting to first-time buyers with all its jargon and deadlines, not to mention the fast pace at which it oftentimes moves. And how many people have a nest egg sitting around large enough to meet the typical cost of a down payment? If you dream of owning […]
Explained: New Legislation Promises Aid (Downpayment Money) for First Time Homebuyers
It’s here, as promised during President Biden’s campaign. Congress is on the cusp of considering two new pieces of legislation to promote equity in housing and first-time home ownership. Both drafts target lower income households. And with good reason: as we recently covered, home prices are up a jaw-dropping 12%. With home prices skyrocketing, legislators […]
EXP Realty
EXP Realty Size and Sales Numbers
Strong Focus. EXP Realty is an international real estate company focusing on innovation, integrity, community, agility, collaboration, transparency, sustainability, and service. EXP also believes in not taking ourselves too seriously—read: having fun. These tenets have attracted some of the world’s top-selling buying agents to join the EXP ranks. Modern Platform. This cloud-based brokerage also believes […]
Why Every Agent Should Join EXP Realty in 2023
Whether you’re learning how to get your real estate license for the first time, or have been selling homes for many years now, you’ve likely heard of EXP Realty, one of the fastest growing Realty companies in the world (and of all time). There are 319 Realty companies to choose from in Oregon, about 1 […]
What’s the Best Realty Company to Join in Oregon?
Choices, choices. There are over 1.4 million real estate agents in the U.S. according to NAR. And according to NAR, there are over 100,000 different Realty companies to choose from, meaning there is one Realty company in existence per 14 licensed Realtors. In Oregon there are over 17,000 Realtors and using Oregon’s license lookup tool […]
For Sale By Owner Reports
For Sale By Owners Homes Sell for Much Less, Annual Report
The National Association of Realtors, NAR, puts out an annual in-depth research report on what actually causes homes to sell across the U.S., down to a percentage point. This annual report also includes information on for sale by owner homes, how many there were in the last year and how they performed versus Realtor listed […]
For Sale By Owner Homes Sell for 14% Less – 2022 Report
In 2021, 90% of homeowners in the real estate market nationwide sold their home using a real estate agent or broker, according to the National Association of Realtors. That was on par with 2019-2020 and slightly lower than 2018 (91%). Only 7% of home sellers sold their homes For Sale by Owner (FSBO). For sale […]
For Sale By Owner (FSBO) – a good idea? 2018 update
In 2017, 89% of homeowners in the real estate market nationwide sold their home using a real estate agent or broker, according to the National Association of Realtors. 8% of home sellers offered their home For Sale By Owner (FSBO) for the third year in a row. 3% used a different method such as a […]
Home Search Websites
Zillow to Boost Homes for Sale that use Zillow Products (demoting others)
Zillow is in charge of the American home selling experience. Major news from Zillow this week. For those who need a quick update, Zillow is the number one home search site in America by a large margin. There are data crunchers out there suggesting that Zillow has over 50% share of all home buyer searches […]
Top 10 Visited Real Estate Websites, 2023 Report
In the modern world, home sales are an online affair. Nearly every home in the country is sold as a result of online home search traffic, either by a home buyer on a public website like Zillow, or by a real estate agent searching their local online MLS system. I’ve been tracking these trends year […]
Top 5 Websites to Search for Homes For Sale in 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. […]
Home Value Estimates
Homeowners Overestimate Home Value as much as 150%
If you’re considering selling your home, you’re probably wondering how much it has appreciated since you bought it. According to a survey conducted by Rocket Homes, which polled 2,058 homeowners, if you were to guess, the accuracy of that guess probably depends on how long you’ve owned your home. (Learn more about the survey’s methodology.) […]
Homeowners are Becoming More Accurate at Predicting Home Value
We’ve been reporting on the discrepancy between what homeowners believe their home is worth and actual market value for several years. During that time the trend of homeowners overestimating their home’s value held steady, as it had been doing for years. According to a June 2020 article published in the Journal of Housing Economics, “… […]
Top 4 Free Home Value Estimates to Check, Before Selling a Home
Curious about your home’s value in a fluctuating Portland real estate market? I get it. Licensed since 2003, I’ve seen the ups and downs of Portland real estate pricing. In fact, I keep a category of this site dedicated to home value articles of interest and create greater Portland metro real estate reports – monthly. […]
How many Days or Showings to Sell
How Long to Sell a Home in Portland, Oregon? 2023 Report
History of Time on Market in Portland Taking a look at the days on market in Portland, Oregon can tell the story of its real estate market as a whole. It is easy to see the trends, shifts, and market changes over the course of years. Typically days on market exceeding 60 days is a […]
How Many Home Showings to Sell a Home? 2023 Report
My clients want to know, how many showings on average does it take to sell a home? So for a number of years now I’ve been writing a local research report on the topic. Thankfully, we do have access to the necessary data through RMLS. We get daily buyer traffic reports and inventory reports. The […]
How Long Does it Take to Sell a Home in Portland, Oregon?
If this report was from quarter one of 2022, it might feel like one weekend, or just a few days. However, inventory is always the highest in the fall in Portland, and combine that with rising interest rates, and the average number of days it takes to sell a home in Portland, Oregon right now […]
How Many Days to Sell a Home
How Long to Sell a Home in Portland, Oregon? 2023 Report
History of Time on Market in Portland Taking a look at the days on market in Portland, Oregon can tell the story of its real estate market as a whole. It is easy to see the trends, shifts, and market changes over the course of years. Typically days on market exceeding 60 days is a […]
How Long Does it Take to Sell a Home in Portland, Oregon?
If this report was from quarter one of 2022, it might feel like one weekend, or just a few days. However, inventory is always the highest in the fall in Portland, and combine that with rising interest rates, and the average number of days it takes to sell a home in Portland, Oregon right now […]
How Many Days to Sell a Home in 2021?
In case you haven’t already heard, 2021 is a great year to sell a home in the Portland real estate market! But just in case you’ve been living under a real estate rock, here’s a quick catch up. Inventory has been hovering at a notorious low, because homes are selling faster than new listings come […]
How Many Realtors Are There
How Many Realtors Are There?
Updated 11/2023. There are a lot of Realtors in the U.S. and in the greater Portland, Oregon real estate market where my team is headquartered. Over time, the big story in Realtor numbers was a drop that lingered for years after the real estate crash that started in 2008, then a sharp increase in the […]
How Many Realtors Are There? 2023 Update
There are a lot of Realtors in the U.S. and in the greater Portland, Oregon metro where my team is headquartered. Over time, the big story in Realtor numbers was a drop that lingered for years after the real estate crash that started in 2008, then a sharp increase in the number of Realtors every […]
How Many Real Estate Agents Are There? 2022 Update
We will have another record high number of real estate agents in the U.S. in 2022. Not all real estate agents are Realtors, but the vast majority are, as the vast majority of licensed Realty companies in the U.S. require all of their licensed real estate agents to also carry a National Association of Realtors […]
How Many Showings to Sell a Home
How Many Home Showings to Sell a Home? 2023 Report
My clients want to know, how many showings on average does it take to sell a home? So for a number of years now I’ve been writing a local research report on the topic. Thankfully, we do have access to the necessary data through RMLS. We get daily buyer traffic reports and inventory reports. The […]
How Many Showings to Sell a Home? 2022 Report
The United States as a whole, greater Portland metro area included, has been in a seller’s market since the early 2020 when COVID19 threw the industry for a loop. One of the annual reports we started a few years prior was the average number of showings it takes to sell a home. This homeowner concern […]
How Many Showings to Sell a Home? 2021 Update
The Portland real estate market has been quite volatile since the advent of COVID 19 in early 2020. No one predicted the seller’s market we are in now. After COVID 19 hit, home became more important than ever to the entire country, somehow at the same time dramatically decreasing inventory and dramatically increasing buyer demand. […]
How Much Do Realtors Make
How Much Do Real Estate Agents Make?
It is no secret. The National Association of Realtors, NAR, puts out an annual report explaining how much Realtors earn each year, how much money they make. The big story for Realtor’s income is that is hasn’t increased much from 2014 ($47,800) to 2023 ($56,400), certainly decreased overall when compared with inflation over the same […]
How Much Do Real Estate Agents Make? 2023 Report
It is no secret. The National Association of Realtors, NAR, puts out an annual report explaining how much Realtors earn each year, how much money they make. The big story for Realtor’s income is that is hasn’t increased much from 2013 to today, certainly decreased overall when compared with inflation over the same time period. […]
How Much do Real Estate Agents Make? 2022 Report
Each year, the National Association of Realtors (NAR) releases a report detailing how much real estate agents make. Or in Oregon’s case, how much Realtors make. Not sure about the different between a real estate agent, Realtor, or Broker? Read our article, REALTOR, Agent, Broker – What’s the difference? The 2021 reported median gross income […]
How to Pick a Real Estate Agent
Real Estate Agent vs. Sellers Agent Specialist: What’s the difference?
Portland’s real estate landscape is vast! There’s a specialist for nearly every activity — and that’s a good thing. To have a hassle-free real estate transaction, you need someone handling the mortgage, someone looking at the title, someone inspecting the home, etc. That’s why a system has developed over the decades in which, in a […]
What is a Showing Agent in Real Estate?
It is pretty easy to tell the difference between a seller’s agent and a buyer’s agent in real estate, but what about a showing agent? Before I answer that question, I want you to know that in Oregon there is only one license, Broker, with two levels, Broker and Principal Broker. Real estate agent is […]
What is an Exclusive Buyers Agent Agreement and Should I Sign One?
Updated March 2024. Exclusive buyers agent agreements are highly debated among professional Realtors. Some real estate agents would never work with a home buyer unless they sign one, and other buyer’s agents have never used an exclusive buyer’s agent agreement and never want to use one (though the industry may soon force their hand). Buyers […]
How to Sell an Inherited Home
Selling Mom and Dad’s Portland Home
Underneath the plains of Romania lies a cave that has been sealed off from the rest of the world for 5.5 million years. According to the BBC, “While our ape-like ancestors were coming down from the trees and evolving into modern humans, the inhabitants of this cave were cut off from the rest of the […]
When Can you Sell a Home in Probate?
This article will answer “What is a Probate?”, will give an overview of the probate process, and when in that process the sale or transfer of a decedent’s home should take place. Opening a Probate Case in Portland, Oregon Probate is the process of administration and distribution for the estate of a deceased individual. Many […]
What is a Transfer on Death Deed in Real Estate?
A “Transfer on Death” deed (TODD) is a type of legal instrument that will automatically transfer the ownership of real property to a beneficiary designated by name on a deed upon death of the current owner. Because the right of ownership is automatic upon death, a TODD is often viewed as a beneficial way to […]
Landlord Laws and Rules News
Portland, Oregon Rental Law Changes into 2024
Investing in a rental property can be incredibly rewarding, bringing with it the benefits of reliable income and financial freedom. But it requires careful preparation and education to to be successful as a landlord and ensure a return on your investment. There are many factors to consider, and with this article we hope to shed […]
Portland, Oregon Rental Law Changes into 2023
Becoming a landlord means setting yourself up to increase your monthly income and build wealth over time so you and retire with the comfort of financial security. Being a landlord can create a kind of freedom in your life that allows for more time with family and friends and doing what you love. Of course, […]
Portland Rental Law: What Landlords should Know in 2021
The Portland real estate rental market was pretty eventful for rental owners in Portland in 2020. For long-term rental/investment property owners, the contentious FAIR ordinance went into effect city-wide in March, but was soon overshadowed by COVID and the subsequent ban on evictions. Short-term property owners saw a dip in bookings as well, but the […]
Portland ADU Guides and Rules
Basement ADUs in Portland, 10 Things to Know
How many unfinished basements are there in Portland? As a top local Portland real estate agent, I can say with confidence: thousands! Many of those are perfect candidates for a basement ADU. Accessory Dwelling Units are of interest to Portland home buyers and homeowners alike because of their potential to offset the high costs of […]
Portland, Oregon ADU Guide. Everything You Need To Know
Are ADUs a passing craze or a trend that’s here to stay? From the looks of it, at least in Portland, it’s the latter. Thanks to the city’s new ADU rules and regulations, Portland homeowners can now capitalize on this new trend, not only creating consistent monthly rental income but also adding to the value […]
Portland Homes with ADUs Sell for 8% More – 2022 Report
When most people think of adding an ADU to their property, they immediately think of rental income potential. Or maybe they simply want extra living quarters for a family member or for frequent guests. While having the ability to add more space and generate income is a bonus, did you know that having an ADU […]
Portland Condo Market
HOA Fees up 30% since 2020 in Portland, Oregon
This is our fourth year calculating average HOA fees in Portland, Oregon. Last year we were surprised to report that HOA fees had jumped a whopping 20% in the city over a short two year period. It is no longer uncommon to see monthly HOA fees top $1,000 a month. These fees are not trivial […]
Portland Downton Condos VS. Rest of Condos in the Metro, 2023 Report
Condos can be a great lifestyle choice for a home buyer that doesn’t have time or patience for routine home and yard maintenance issues. It can also be a great choice for a home buyer looking to purchase a second home, vacation property, or for someone who travels a lot and needs a low-maintenance homebased […]
Portland Real Estate Condo Market 2023 Forecast
Buying a condo in Portland means prioritizing a special list of considerations. Delving into the condo lifestyle also means more affordability and more freedom to spend your time the way you want—for example, no yard upkeep or high-cost maintenance and repairs. HOA Costs for Portland Condos are Up in a Big Way It is not […]
Portland Earthquakes and Landslides
Portland Seismic Retrofit Guide: Earthquake Readiness
Our awareness of the threat of seismic activity in the Portland area increases every year, and with it, concerns for both sellers and buyers. Recent studies show that at least one local fault is more active than previously thought. And this discovery increases the likelihood that other faults in the area may put Portland at […]
Six Portland, Oregon Earthquake Maps
As with every city, Portland, Oregon doesn’t come without its hazards, one of which is the potential for earthquakes, given that our city rests on a fault line. But there are ways to deal with this particular hazard, including retrofitting your home and being prepared in the event an earthquake does happen. Another step in […]
Portland Earthquake Maps: 2020 Guide
Yes, there is a certain amount of earthquake risk in Portland, but the good news is that geologists are getting better and better at understanding, mapping and even predicting seismic activity. Maps can also help us be better prepared for disasters by showing were resources and hazards are. Take a look at these Portland maps […]
Portland Flood Maps and Updates
Portland Flood Maps: FEMA 2020 Update
Climate change, winter storms, questionable levees — the average home shopper has many good reasons to consider Portland flood risk before they buy. Your buyers’ real estate agent is a great resource, and should have information on hand about what the flood risk is for a home that you’re interested in. For those who prefer […]
Portland Natural Disaster Map 2019 – Floods, Fires, Quakes, and Slides!
We here in the Pacific Northwest enjoy a relatively mild climate year-round — no polar vortexes, and just a few hot days in the summer. In Portland and the surrounding metro areas, most homeowners don’t worry too much about natural disaster, but there are some specific threats to be aware of. Knowing how and where […]
Is your Home a Flood Risk? Portland Housing Market
With floods in the news lately, it’s hard not to think about the risk to your own home, whether it’s in downtown Portland or along one of the many creeks, rivers and wetlands in our metro area. As a real estate agent, my job is to fully inform anyone buying a home in Portland what […]
Portland Home Energy Score
Oregon Home Energy Score News and Updates By City
How Home Energy Scores Got Started In Oregon The city of Portland enacted its Home Energy Score (HES) Program in 2018 to help reduce CO2 emissions by 80% by 2050. Portland is one of the first US cities to do it, second only to Berkley, CA. A year later, the Oregon Department of Energy partnered […]
Portland Home Energy Score – Required for All Rentals? 2023 Update.
The city of Portland’s Home Energy Score (HES) program has been in effect for five years now, and since its inception in January of 2018, almost 35,000 HES assessments have been performed (as of November 2022). A key driver in its creation was the 2015 Climate Action Plan, in which the Portland City Council identified […]
Oregon Home Energy Score Policy 2022 Update
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 […]
Portland Home Hazards
Top 5 Portland, Oregon Earthquake Maps
Yes, there is a certain amount of earthquake risk in Portland. Still, the good news is that geologists are getting better and better at understanding, mapping, and even predicting seismic activity. Maps can also help us be better prepared for disasters by showing resources and hazards. Take a look at these Portland maps before you […]
Portland, Oregon Radon Map – Plus Free Tests (for some)
Portland, Oregon Radon rates change. A perennial hot topic in Portland is the influx of Californians, but it’s the Montana and Idaho migrants that we should be worried about, according to health officials. Actually, they’re not talking about people, but rocks. “In the Portland metropolitan area, a lot of the rocks and soil underneath the […]
New Portland, Oregon Flood Map
Floods don’t just destroy homes and carry away vehicles; they also destroy infrastructure and cut off access to the outside world, sometimes for days at a time. When shopping for a home in Portland, having the right tools at hand to understand flood risk is essential. Sometimes, it can be pretty clear that a home […]
Portland Home Styles
What is an A-Frame Home in Portland?
With the renewed popularity of mid-century modern design – appearing in everything from furniture to architecture – it follows that the A-frame home style has recently made its way into the spotlight. A-frame houses rose to popularity in the 1950s and 60s after World War II during a time of economic growth that afforded the […]
What is a Greek Revival Style Home in Portland?
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 […]
What is an English Cottage Style Home in Portland?
We’ve written before about the many architectural styles you’ll find in Portland, and in this article, we’re adding another one to the list: the English Cottage. Inspired by the original cottages from England, these homes possess a welcoming feel that call up images of cozy comfort and charming whimsey. The grounds of these homes tend […]
Portland Home Value
Best Interior Colors to Paint Your Home to Increase Home Value in 2024
Did you know that painting your home can significantly affect the sale price? According to one Zillow study, choosing the right color to paint your walls can impact your bottom line as much as $5,000. While you should paint your walls whatever colors you like when living in your home when selling your home, the […]
Modern Bathroom Remodeling Ideas to Increase Home Value
If you’re considering selling your home and are wondering how to increase its value without breaking the bank, upgrades and remodels are a good place to start, especially in the bathroom. If that sounds expensive already, know this: there’s plenty you can do in this realm to see a return on your investment regarding sale […]
Homeowners Overestimate Home Value as much as 150%
If you’re considering selling your home, you’re probably wondering how much it has appreciated since you bought it. According to a survey conducted by Rocket Homes, which polled 2,058 homeowners, if you were to guess, the accuracy of that guess probably depends on how long you’ve owned your home. (Learn more about the survey’s methodology.) […]
Portland Housing Affordability
Portland Real Estate Affordability Rate: 2023 Report
Housing affordability in Portland is a concern that has been brought into the spotlight due to factors like rapid population growth (which has begun to drop), inflation combined with income rates failing to meet higher costs of living, and both increasing rent and high mortgage insurance rates. What is Portland’s Affordability Rate in 2023? To […]
Portland Housing Affordability Rate, 2022 Report
We recently wrote about Oregon’s growing population, with many of its migrants being Californians looking for more affordable housing. While this may come as a surprise to Portlanders who have faced increasing rents and home prices, Portland is still more affordable than many west coast cities. But what about those who have lived in the […]
Top 5 Most Affordable Portland, Oregon Suburbs
Continued low inventory and rising real estate prices have complicated the ease of finding a home for many, both here in Portland and across the country. Many have questioned the affordability of living in Portland proper. Many have fled to the suburbs (which at least were cheaper than the city proper). As we wrote about […]
Portland Landlord Information
Portland, Oregon Rental Law Changes into 2024
Investing in a rental property can be incredibly rewarding, bringing with it the benefits of reliable income and financial freedom. But it requires careful preparation and education to to be successful as a landlord and ensure a return on your investment. There are many factors to consider, and with this article we hope to shed […]
What Status Sells a Home for More: Vacant, Seller, or Tenant Occupied? 2023 Report
There are a number of factors that cause homes to sell faster or slower and for more, or much less. Whether you’re picking the best time of the year to sell in (or the worst), whether you’re on the east or west side of Portland, whether your condo is downtown or elsewhere in the metro, […]
Portland, Oregon Rental Law Changes into 2023
Becoming a landlord means setting yourself up to increase your monthly income and build wealth over time so you and retire with the comfort of financial security. Being a landlord can create a kind of freedom in your life that allows for more time with family and friends and doing what you love. Of course, […]
Portland Mold Problems
Test for Portland Mold, Home Inspection Tips
An unmistakably mold-stained wall, ceiling, or shower stall ranks among the least appealing sights in any home, let alone one you’re shopping on the red-hot Portland real estate market. Today, we’re going to take a look at how to identify and test for mold, how to clean it up, and how to hopefully mitigate some […]
Portland Home Mold Inspection, How to Test 2022
Mold is something we all contend with here in Portland, no matter where we live or the ages of our homes. Of course, mold occurs in varying degrees and can be more prevalent in some homes than others, especially if left unchecked and untreated. But the truth is, mold is everywhere. Microscopic mold spores travel […]
How to Test your Home for Mold: 2021 Update
Think your Portland home might have mold? Well, you’d be correct – but don’t panic! Airborne mold exists just about everywhere. And since mold loves moisture, it also loves Portland. The trick is that mold spores float through the air looking for a wet place to land and grow. If you keep those wet spots […]
Portland Neighborhood Reports
Top 10 Portland Neighborhoods 2024 Report
Learning about neighborhoods when shopping for a new home helps ensure you live in an area that truly feels like home. This is true of any city, but it is especially relevant for Portland, Oregon. Many neighborhoods have their own distinct flavor, activities, and ways of life. Which Portland neighborhoods are best for you and […]
What are the Quietest (and Loudest) Neighborhoods in Portland?
Did you notice how quiet life got at the beginning of the 2020? As we all sequestered indoors, traffic decreased—even disappeared in some areas, the din of human voices didn’t mix and mingle with the airwaves, and even mass transit met a lull for a short time. But life goes on, and humans find ways […]
Top 10 Portland Neighborhoods in 2023
The neighborhoods across Portland have so much to offer – whether you’re visiting from out-of-town or want to buy a home in an area that matches your specific wants and needs. What makes Portland neighborhoods unique is that they each have their own distinct “feel”, shaped by their natural surroundings, local businesses and restaurants, and […]
Portland New Home Construction News
Highlighting New Home Construction Developments in Portland, Oregon – 2023 Report
Despite the density-focused zoning changes in Portland over the last few years that allow for more new homes to be built on existing lots, new home construction rates within the city proper are low. The city faces challenges with material and labor shortages, along with a slightly declining population base. While larger (10+ homes) new […]
Portland, Oregon New Home Construction Numbers into 2023
It’s happening. The Portland real estate market is cooling after a two-year hot streak. Home prices have slowed and started to drop in some areas. Likewise, new home construction is down across the country, according to the U.S. Census July, 2022 report. Portland, Oregon has done a lot to try to increase the amount of […]
Portland’s Housing Supply: What Kind, Where? 2022 Report
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 […]
Portland Radon Maps and Updates
Portland, Oregon Radon Map 2023 Update
There are a variety of home hazards Portland homeowners need to be aware of, especially when selling. In addition to earthquakes and landslides, mold, and flooding, radon should be at the top of your list for items to check when you’re preparing to put your home on the market (or when buying a new home). […]
2021 Radon Guide: How and Why to Test a Portland Home
If you’ve bought or sold a home (or intend to) any time recently, chances are you’ve heard something about radon testing. And for good reason. Radon testing is increasingly becoming a standard issue in real estate transactions, alongside other hazards like flood zones or seismic retrofitting. But why is it important, and do you need […]
Portland Radon Map – 2020 Update, Plus Free Tests (for some)
Portland Radon rates change. A perennial hot topic in Portland is the influx of Californians, but it’s really the Montana and Idaho migrants that we should be worried about, according to health officials. Actually, they’re not talking about people, but rocks. “In the Portland metropolitan area, a lot of the rocks and soil underneath the […]
Portland Real Estate
Top 4 Maps for Portland Real Estate Buyers
While shopping online for Portland real estate, it is easy to become inundated with information. The sheer quantity of data available to home buyers can simply be overwhelming, and it can help tremendously to have a visual guide to aid your search. Maps can help clarify and organize information as you explore neighborhoods, research amenities […]
Top 5 Portland, Oregon Earthquake Maps
Yes, there is a certain amount of earthquake risk in Portland. Still, the good news is that geologists are getting better and better at understanding, mapping, and even predicting seismic activity. Maps can also help us be better prepared for disasters by showing resources and hazards. Take a look at these Portland maps before you […]
Portland, Oregon Radon Map – Plus Free Tests (for some)
Portland, Oregon Radon rates change. A perennial hot topic in Portland is the influx of Californians, but it’s the Montana and Idaho migrants that we should be worried about, according to health officials. Actually, they’re not talking about people, but rocks. “In the Portland metropolitan area, a lot of the rocks and soil underneath the […]
Portland Real Estate Agents
EXP Realty Size and Sales Numbers
Strong Focus. EXP Realty is an international real estate company focusing on innovation, integrity, community, agility, collaboration, transparency, sustainability, and service. EXP also believes in not taking ourselves too seriously—read: having fun. These tenets have attracted some of the world’s top-selling buying agents to join the EXP ranks. Modern Platform. This cloud-based brokerage also believes […]
How Much Do Real Estate Agents Make?
It is no secret. The National Association of Realtors, NAR, puts out an annual report explaining how much Realtors earn each year, how much money they make. The big story for Realtor’s income is that is hasn’t increased much from 2014 ($47,800) to 2023 ($56,400), certainly decreased overall when compared with inflation over the same […]
How Many Realtors Are There?
Updated 11/2023. There are a lot of Realtors in the U.S. and in the greater Portland, Oregon real estate market where my team is headquartered. Over time, the big story in Realtor numbers was a drop that lingered for years after the real estate crash that started in 2008, then a sharp increase in the […]
Portland Real Estate Maps
Top 4 Maps for Portland Real Estate Buyers
While shopping online for Portland real estate, it is easy to become inundated with information. The sheer quantity of data available to home buyers can simply be overwhelming, and it can help tremendously to have a visual guide to aid your search. Maps can help clarify and organize information as you explore neighborhoods, research amenities […]
Top 5 Portland, Oregon Earthquake Maps
Yes, there is a certain amount of earthquake risk in Portland. Still, the good news is that geologists are getting better and better at understanding, mapping, and even predicting seismic activity. Maps can also help us be better prepared for disasters by showing resources and hazards. Take a look at these Portland maps before you […]
Portland, Oregon Radon Map – Plus Free Tests (for some)
Portland, Oregon Radon rates change. A perennial hot topic in Portland is the influx of Californians, but it’s the Montana and Idaho migrants that we should be worried about, according to health officials. Actually, they’re not talking about people, but rocks. “In the Portland metropolitan area, a lot of the rocks and soil underneath the […]
Portland Real Estate Market
Portland, Oregon Real Estate Market, April 2024 Report
Portland home buyer traffic is steadily increasing while home inventory has stabilized (yet showing signs of increasing in the near future) and consequently, home prices are climbing higher and setting the market up for an active spring season. Sellers will benefit from increasing buyer competition over the coming months, and home buyers should act fast […]
Portland, Oregon Property Taxes Among Highest in U.S. – Mostly Stable in 2024
In 2023, Portland voters approved two measures that will affect property owners. One that voters chose to renew continues to support education programs and food security for children while also helping foster children and youth to succeed. The second renewed a five-year levy to sustain emergency fire and medical services for Riverdale residents. Home prices […]
Portland, Oregon Real Estate Market, March 2024 Report
The number of active home buyers on the market has increased significantly since our last Feb. report, while home inventory has dropped further and prices have begun to rise more steadily. Conditions are right for sellers to benefit from these factors that will likely only improve as we head into Spring, when the Portland housing […]
Portland Real Estate Market Forecasts
Portland Real Estate Market Forecast 2024
Licensed since 2003, with over 2,000 home sales, I write a Portland real estate market forecast annually. To be more specific, I write one in the late summer and then I update it a couple of times in the winter before the next spring selling season rolls around. Most years I am able to predict […]
Portland, Oregon Real Estate Market Forecast for 2023 – Updated
The Portland, Oregon real estate market has had a tremulous 2022 with soaring prices combined with historically low inventory in quarter one and two, and then soaring inventory with stagnant prices in quarter three (and significantly fewer closed sales, reduced homebuyer activity) and soon to be falling prices in quarter four. Of course, the main […]
Portland Real Estate Market Forecast 2022
We looked for anyone forecasting a decline in home prices in 2022 nationally or locally and couldn’t find a single reputable source. The lowest forecast for the nations real estate market in 2022, is Realtor.com’s 2.9% increase prediction. Summer 2022 Market Forecast Update. Since writing this forecast at the beginning of the year, the aggressive […]
Portland Real Estate Market Monthly Reports
Portland, Oregon Real Estate Market, April 2024 Report
Portland home buyer traffic is steadily increasing while home inventory has stabilized (yet showing signs of increasing in the near future) and consequently, home prices are climbing higher and setting the market up for an active spring season. Sellers will benefit from increasing buyer competition over the coming months, and home buyers should act fast […]
Portland, Oregon Real Estate Market, March 2024 Report
The number of active home buyers on the market has increased significantly since our last Feb. report, while home inventory has dropped further and prices have begun to rise more steadily. Conditions are right for sellers to benefit from these factors that will likely only improve as we head into Spring, when the Portland housing […]
Portland, Oregon Real Estate Market, February 2024 Report
The Portland housing market is currently balanced, with a significant drop in available home inventory and slow buyer traffic combined with a slight increase in prices. These conditions signify that homes are starting to sell again and the market is gaining strength as we draw closer to the Spring seller’s market. Right now opportunities exist […]
Portland Real Estate Suburb Reports
Wilsonville, OR Real Estate Market Report with 2025 Forecast
Every month we feature a Portland, Oregon suburb and share our analysis of its real estate market. To learn about the other suburbs we have covered, visit our Portland Suburb Real Estate Market Reports. And for insight on the Portland metro area housing market as a whole, check out current monthly report and our 2024 […]
Oregon City, OR Real Estate Market Report with 2024 Forecast
Each month we profile the real estate market of one of Portland’s many unique suburbs and share an overview of its current market conditions. Check out our Portland Suburb Real Estate Market Reports to discover the other suburbs we have covered. To learn more about real estate activity throughout the entire Portland metro area, read […]
5 Things You Didn’t Know About Beaverton, Oregon
A known city in its own right, Beaverton is nestled between the Tualatin Valley farmlands and the West Hills and one of Portland’s fastest-growing, thriving suburbs. With a population of 97,494 (as of 2023), up from 89,803 in 2010, it’s easy to see why so many people are making Beaverton home. The city’s 16 square […]
Portland Realtor Awards
Top 5% Agent in the United States – Explained
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 […]
#1 Portland Real Estate Agent to Sell a Home
Okay, so that’s a lot to claim and we’ll need to get more specific. I’ve been a licensed real estate agent since 2003, serving Oregon and SW Washington. For much of that time I’ve run the Stephen FitzMaurice Team, currently with the international phenomenon EXP Realty. My team members are the reason for my success […]
Fivestar Professional Award Winner – 2021 to 2012
Fivestar Professional is a nationally recognized award given out for excellent customer service. The Fivestar real estate agent award is the largest and most widely published real estate award program in North America, covering more than 40 major real estate markets. Fivestar Professional surveys recent home buyers and home sellers each year across the country […]
Portland School Ratings
Portland School District Boundaries Changing
Fall 2023 Update. Location, location, location is the most important thing in real estate. For many Portland home buyers, this statement could be rephrased as “Good schools, great schools, and the best school for my child.” In Portland, the neighborhood you live in determines which schools your child or children will attend, so news that […]
5 Highly Rated Schools in Portland, Oregon
Updated 03/2024. Many people decide to purchase a home based on the quality of the schools in the area. In fact, school rankings strongly impact home values, and buyers have reported compromising on certain “must haves” when picking their next home to ensure their kids can attend the best schools possible. How Can You Find […]
Portland School Ratings Change Home Values
Updated 05/2023. Several considerations factor into buying a home, and local school districts might play a part in your decision-making process. The reason being: school rankings impact home values. New home buyers are sometimes confused about the difference between a home inspection and a home appraisal. An initial inspection is typically done to find any […]
Portland Short Sale and Foreclosure Market
Portland Foreclosure Market and 2023 Forecast
I started selling homes in 2003 when the Portland real estate market was starting to get hot. I sold foreclosures and short sales after the 2008 crash until they statistically disappeared by 2016. The amount of available foreclosure and short sale homes for sale dropped to less than 1% in Portland, Oregon in 2019 and […]
Abandoned Homes in Portland: How to Report or Buy Them
Update 04/2024 One of the best parts of being a Portland real estate agent is seeing solid homes go to new excited home owners. It can be frustrating to drive through town and see so many abandoned homes with no one living in them, maintaining them, and enjoying them. But every city has abandoned homes. […]
Portland Foreclosures For Sale, Current Rates and REO Forecasting – 2021 Update
3 Ways to Find Portland Foreclosures For Sale Public Market Foreclosures If you’re interested in purchasing a foreclosure in the Portland real estate market, there are generally two ways to go about this. The first is the easiest and that is by searching for all foreclosure homes banks have currently listed on the public market […]
Portland Suburb Real Estate Market Reports
Wilsonville, OR Real Estate Market Report with 2025 Forecast
Every month we feature a Portland, Oregon suburb and share our analysis of its real estate market. To learn about the other suburbs we have covered, visit our Portland Suburb Real Estate Market Reports. And for insight on the Portland metro area housing market as a whole, check out current monthly report and our 2024 […]
Oregon City, OR Real Estate Market Report with 2024 Forecast
Each month we profile the real estate market of one of Portland’s many unique suburbs and share an overview of its current market conditions. Check out our Portland Suburb Real Estate Market Reports to discover the other suburbs we have covered. To learn more about real estate activity throughout the entire Portland metro area, read […]
Troutdale, Oregon Real Estate Market Report with 2024 Forecast
Each month we like to shine a spotlight on one of Portland’s many desirable suburbs and share our analysis of its housing market to guide your real estate decisions. To discover the other suburbs we have profiled in the past, visit our Portland Suburb Real Estate Market Reports. And for a helpful overview of the […]
Portland Underground Oil Tanks
How Much Does it Cost to Decommission an Oil Tank?
If you’re planning to sell your Portland home, you’ll want to think about potential home hazards that might need to be addressed before putting it on the market. If you have an older home, chances are, it has (or had) a heating oil tank, whether it’s in use or not. To ultimately make the sale, […]
HOT Homes: Must Know Heating Oil Tanks Facts
Heating oil was once a popular way to heat homes and buildings in Portland, but most are now using electricity or natural gas. However, the legacy of heating oil remains in the form of underground tanks that were used to store the oil on site, especially in homes built prior to 1965. Some of these […]
Portland Oil Tank Decommissioning: 2020 Update Home Hazards
If your Portland home has a heating oil tank, even a decommissioned one, you may need to get a new site assessment and/or certification letter from the DEQ before your home sells. This will come as a surprise to many Portland home owners who paid to have their oil tanks decommissioned in the past. No, […]
Portland Zoning Changes RIP
RIP2 Portland Residential Infill Project Update
In our recent article, Top 5 Portland Real Estate Market News Stories so Far 2022, we touched on the most recent update on the Portland Residential Infill Project (RIP1): the development and implementation of RIP2. Portland’s residential infill project, in addition to new home construction rates, and updated ADU (additional dwelling unit) guidelines, help us […]
Portland’s Housing Supply: What Kind, Where? 2022 Report
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 […]
Portland ADU Guide, 2022. Two Per Lot and Less Restrictions
Now that Accessory Dwelling Units (ADUs) are allowed in every city in Oregon, Portland will likely see an influx of home additions and new ADU construction, especially with the passing of the city’s Residential Infill Project (RIP) that went into effect this August 2021. If you’ve been toying with the idea of adding an ADU […]
Portland, Oregon Population Growth or Decline
Are People Moving out of Portland? Population Growth 2024 Update
It’s that time of the year again when we look at the growing (or shrinking) population of Portland and how it reflects in the Portland real estate market. Ever since the notable upswing in the Oregon population from 2010 to 2020, with a 10.6% increase, Oregon has faced a rocky population climb. However, now that […]
Are People Moving Out of Portland? A Population Update for 2023
What is happening in Portland these days in terms of population growth? After the massive surge in Oregon’s population over the decade from 2010-2020, with growth of 10.6% leading up to the disruption of the pandemic, what factors have affected Portland’s population over the last three years? Let’s take a look at the most recent […]
Are People Moving out of Portland? Population 2022 Update
What has happened to Portland over the past two years in terms of population growth? While it may seem to reason that with all Portland has endured—social unrest and the riots of 2020 overlapping the pandemic—residents would have left in search of serenity or safety. The statistics lead us to telling two different stories within […]
Professional Home Staging and Tips
How Much Does Portland Home Staging Cost?
Whether you’ve sold a home or not, you’re probably aware of the practice of home staging. The process of transforming a home into an interior design showcase has become a common practice in the real estate world. We know staging works, but considering staging costs and the potential return on your investment, is it really […]
Virtual Home Staging – A New Way to Sell Homes
Each year we write a report on home staging, how much it costs, what kind of ROI to expect when you hire a professional stager, and more. We’re turning our attention to virtual staging now, a newer way to sell a home that’s quickly growing in popularity. Along the way, we’ll show some real life […]
Home Staging Sells Homes Faster and For More, 2023 Report
We are all familiar with the integral role the internet plays in real estate transactions today. When the first stop for many potential buyers is to browse online home listings, up-to-date information and current photos are essential to success in selling your home. High-quality online photos, and now professional 3D home tours, have become the […]
Real Estate Commission Rates
The Average U.S. Real Estate Commission Rate
Thinking of selling your home? Then you’re probably interested in real estate commissions. How much are they and what do you get in return? Will you be able to sell your home for more? Do you need a real estate agent’s advice and representation? Real Estate Commission Changes from the 90s to Today There are […]
Average Buyers Agent Real Estate Commission, 2023 Report
I love writing about real estate commission. Licensed for 20 years now, I have always been surprised when Realty companies and other real estate agents are hush-hush about their commission rates. I have the opposite approach. My commission rates are transparent and upfront and I write annual reports on local and national real estate commission […]
Average U.S. Real Estate Commission Rates into 2023
Thinking of selling your home? Then you’re probably interested in real estate commissions. How much are they and what do you get in return? Will you be able to sell your home for more? Do you need the real estate agent’s advice and representation? Real Estate Commission Changes from the 90s to Today There are […]
Real Estate Technology
Top 5 Websites to Search for Homes For Sale
We’ve written about the benefits of Real Estate Technology and how 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 […]
Virtual Home Staging – A New Way to Sell Homes
Each year we write a report on home staging, how much it costs, what kind of ROI to expect when you hire a professional stager, and more. We’re turning our attention to virtual staging now, a newer way to sell a home that’s quickly growing in popularity. Along the way, we’ll show some real life […]
Zillow to Boost Homes for Sale that use Zillow Products (demoting others)
Zillow is in charge of the American home selling experience. Major news from Zillow this week. For those who need a quick update, Zillow is the number one home search site in America by a large margin. There are data crunchers out there suggesting that Zillow has over 50% share of all home buyer searches […]
Reasons Why a Home Sells or Doesn't
Home not selling? 3 Steps to Get it Sold Fast.
Unless you have avoided the news for the last year or so, it is clear that the real estate market is leaning toward buyers around the country. This can only make things feel even more frustrating if you’re one of the few homes that are not selling. How Slow is the Portland Real Estate Market […]
3 Hacks to Help a Home Sell in a Slow(er) Real Estate Market
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 […]
How to Get a Home to Sell in 2023
In order to increase your changes to sell a home in 2023, which is expected to be a tougher real estate market than usual, it is most important to know exactly how homes sell across the country. What causes a home to sell or not? We perform a ton of research locally to answer that […]
Remodeling to Increase Home Value
Best Interior Colors to Paint Your Home to Increase Home Value in 2024
Did you know that painting your home can significantly affect the sale price? According to one Zillow study, choosing the right color to paint your walls can impact your bottom line as much as $5,000. While you should paint your walls whatever colors you like when living in your home when selling your home, the […]
Modern Bathroom Remodeling Ideas to Increase Home Value
If you’re considering selling your home and are wondering how to increase its value without breaking the bank, upgrades and remodels are a good place to start, especially in the bathroom. If that sounds expensive already, know this: there’s plenty you can do in this realm to see a return on your investment regarding sale […]
Portland Attic Remodeling Ideas: All Budgets
As available housing inventory in the Portland real estate market continues to remain low, and the forecast for the real estate market in 2024 doesn’t predict any increase in inventory, homeowners are looking for more creative ways to use space and maybe even generate a little extra rental income. Got an attic? You may be […]
Rent vs Buy Reports
Rent VS. Buy a Home in Portland, Oregon – 2024 Update
According to one survey, 94% of respondents considered owning a home part of the American Dream; however, 51% of people who didn’t already own a home worried that they never would. With a rising cost of housing prices, an increase in federal interest rates, and a lack of housing stock, this fear is somewhat warranted. […]
Rent vs. Buy a Home in Portland, Oregon? A Financial Calculation 2023
In their 2022 Housing Survey, NeighborWorks America found that nearly nine in ten Americans agree that homeownership is important, and many see both increased feelings of security and connection to their community as significant benefits of owning a home. In reality, being a homeowner extends beyond the property itself to a sense of ownership and […]
Portland Rent vs. Buy a Home – 2022 Statistics
Homeownership makes people happy. No really. Study after study shows that homeownership positively effects a person’s life in more ways than financial security. The below is a report from NATIONAL ASSOCIATION OF REALTORS® research division, article, “Social Benefits of Homeownership and Stable Housing.” Rohe and Stegman found that low-income people who recently became homeowners reportedhigher […]
Sell a Home in Portland
Oregon Home Energy Score News and Updates By City
How Home Energy Scores Got Started In Oregon The city of Portland enacted its Home Energy Score (HES) Program in 2018 to help reduce CO2 emissions by 80% by 2050. Portland is one of the first US cities to do it, second only to Berkley, CA. A year later, the Oregon Department of Energy partnered […]
For Sale By Owners Homes Sell for Much Less, Annual Report
The National Association of Realtors, NAR, puts out an annual in-depth research report on what actually causes homes to sell across the U.S., down to a percentage point. This annual report also includes information on for sale by owner homes, how many there were in the last year and how they performed versus Realtor listed […]
iBuyer Warning. Read Before Selling Your Home to Opendoor, Zillow, Etc.
Over the past few years, the iBuyer model surged and faded, with companies like Opendoor and Zillow leading the way. iBuyers acted as intermediaries, providing quick purchases for sellers and reselling to buyers or amassing their real estate portfolio and turning those homes into rentals. However, this seemingly ideal solution has faced some recent challenges. […]
Seller Closing Costs
What is Title Insurance and Who Pays for It?
Buying or selling a home means anticipating costs, some of which are closing costs. In Oregon, most of the amount needed at closing is for title insurance. This type of insurance isn’t required by law in Oregon. However, most lenders require it to ensure a smooth transition from seller to buyer and to protect their […]
Should the Seller Pay the Buyer’s Closing Costs?
Selling or buying a home and getting approved for a mortgage can be a taxing process, even for those who have done it before. Laws and standards change, and for most of us, we only do it a few times throughout our lives. Closing costs are the biggest upfront financial investment, especially for the buyer. […]
Who Pays for Title Insurance? Oregon Closing Costs
When’s the last time you heard of someone losing their home because an unsatisfied heir of a previous owner laid claim to it? You probably haven’t because of title insurance, an often-overlooked component of real estate transactions. In Oregon, title insurance represents a lion’s share of the average home seller’s closing costs, but home buyers […]
Sellers Agent Commission Rates
The Average U.S. Real Estate Commission Rate
Thinking of selling your home? Then you’re probably interested in real estate commissions. How much are they and what do you get in return? Will you be able to sell your home for more? Do you need a real estate agent’s advice and representation? Real Estate Commission Changes from the 90s to Today There are […]
Average U.S. Real Estate Commission Rates into 2023
Thinking of selling your home? Then you’re probably interested in real estate commissions. How much are they and what do you get in return? Will you be able to sell your home for more? Do you need the real estate agent’s advice and representation? Real Estate Commission Changes from the 90s to Today There are […]
Average Real Estate Agent Commissions Drop Under 5% in 2021
Thinking of selling your home? The average real estate commission in the U.S. in 2021 is just under 5%. Most of the time this commission includes both the seller’s and buyer’s agent costs combined and paid by the homeowner. All real estate commissions in the U.S. are fully negotiable. Valid real estate commission information is […]
Selling a Home with a Tenant Inside
What Status Sells a Home for More: Vacant, Seller, or Tenant Occupied? 2023 Report
There are a number of factors that cause homes to sell faster or slower and for more, or much less. Whether you’re picking the best time of the year to sell in (or the worst), whether you’re on the east or west side of Portland, whether your condo is downtown or elsewhere in the metro, […]
What Sells a Home Best? Vacant, Seller, or Tenant Occupied? 2022 Report
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 […]
How to Sell a Home with a Tenant Inside in Portland, Oregon
Updated Feb. 2023 Selling a tenant occupied home has never been trickier. A landlord must be aware of constantly changing local regulations, whether it be state, county, or city and at the same time keep an eye on federal regulations. All of the above governmental agencies can override any existing lease between the homeowner and […]
Selling House Online for Cash
iBuyer Warning. Read Before Selling Your Home to Opendoor, Zillow, Etc.
Over the past few years, the iBuyer model surged and faded, with companies like Opendoor and Zillow leading the way. iBuyers acted as intermediaries, providing quick purchases for sellers and reselling to buyers or amassing their real estate portfolio and turning those homes into rentals. However, this seemingly ideal solution has faced some recent challenges. […]
5 Options to Sell Your Home Online in 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 […]
5 Things to Know BEFORE Selling your House Fast, As-is for Cash
Updated 04/2023. I get it. Sometimes you simply want to have things done and done now. You don’t want the hassle of a long escrow period. You don’t want to interview or deal with real estate agents. You don’t want people walking through your home. Perhaps your place is a mess and you haven’t the […]
Selling Luxury Real Estate
5 Secrets to Selling Luxury Homes
Every home deserves professional photography and 3D home tours (a new standard). Most every home would also benefit from a floor plan PDF. Some homes may also need drone photos if they have a wonderful view or if the home is on a large lot. Some homes may need physical staging or virtual staging. Others […]
10 Tips to Selling a Luxury Home in Portland 2018
Top-of-the-line appliances, thirty foot high ceilings, a mother-in-law apartment, two acres of landscaping — if this sounds like your home, consider these tips before you put it on the Portland real estate market. Price it right. Selling a luxury home is different than selling a typical 3 bedroom, 2 bath home in Portland. Sellers often […]
Portland Luxury Home Market 2016
Here’s a simple fact: Owning a home is a luxury. No rent, no landlord, and the freedom to truly make it your nest. But what are we talking about when we talk about “luxury homes”? What we real estate agents consider the “luxury” category for Portland, Oregon is any home priced in the range upwards of […]
Septic Sells for More than Sewer Reports
Septic System vs. Public Sewer Home Value Impact, 2023 Report
Most homes within city limits are connected to a public sewer system (but not all). Of course, most homes in rural areas are on septic. Occasionally, the local government might force a homeowner to connect to their public sewer system and decommission their septic system (because they are laying new sewer lines in the area, […]
Septic System vs. Public Sewer Home Value Impact, 2022 Report
When we think about buying a home, our immediate thoughts usually lead to curb appeal, square footage, number of rooms, lot size, and a long list of other wants and needs to meet our individual tastes and lifestyles. We even give thought to structural integrity—like the age and quality of the roof and condition of […]
Single Level Homes Sell for More Reports
Single Level Homes Sell for 18% More in Portland, Oregon, 2023 Report
It should be no secret that single level detached homes sell for more per sq. ft. and sell faster on the real estate market. As single level homes become increasingly rare, I imagine the degree to which this is true will only increase (on a macro scale). This is now the fourth year we are […]
Single Level Homes Sell Faster and for 19% More, 2022 Report
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 […]
Single Level Homes Sell Faster and for More in Portland – 2021 Report
Portland is a city famed for its beautiful – and diverse – single family homes. You can find it all here, from gorgeously ornate Victorians to smooth and sleek modern builds. It might surprise you, then, to learn that once again, recent sales data shows that buyers seem to prefer the unassuming single level home. […]
Swimming Pool Homes Sell for Less Reports
Swimming Pools Reduce Home Value in Portland, Oregon, 2023 Report
Swimming pools are a desirable feature in a hotel or resort, but for a owner-occupied home, it isn’t always preferred. There is no doubt that the addition of a swimming pool have a significant impact during the home’s experience on the real estate market. Swimming pools affect home values in different ways, depending on whether […]
Swimming Pools Make Portland Homes Sell for 14% Less, 2022 Report
Who doesn’t get excited at the thought of having a pool nearby? Most people envision the relaxation, cooling off during the summer, and throwing memorable pool parties! But when faced with actually owning one or looking into what it really means to own and maintain a pool, the glamor of the poolside lifestyle is oftentimes […]
Swimming Pools: A Portland Liability in 2020
In warmer parts of the country, a pool is often a feature that buyers are willing to pay more for. Here in the Portland real estate market an outdoor pool will typically decrease your value or at best leave it the same (not increase it). Before installing an outdoor in-ground swimming pool, keep in mind […]
Top 10 Portland Neighborhoods
Top 10 Portland Neighborhoods 2024 Report
Learning about neighborhoods when shopping for a new home helps ensure you live in an area that truly feels like home. This is true of any city, but it is especially relevant for Portland, Oregon. Many neighborhoods have their own distinct flavor, activities, and ways of life. Which Portland neighborhoods are best for you and […]
Top 10 Portland Neighborhoods in 2023
The neighborhoods across Portland have so much to offer – whether you’re visiting from out-of-town or want to buy a home in an area that matches your specific wants and needs. What makes Portland neighborhoods unique is that they each have their own distinct “feel”, shaped by their natural surroundings, local businesses and restaurants, and […]
Top 10 Portland Neighborhoods – 2022 Report
Whether you’re moving to Portland or thinking about it, or whether you’ve lived here for a while, knowing which neighborhoods rank highest is important. Making an investment in a home is one of the biggest any of us makes in our lifetimes, so being informed about what neighborhoods have to offer will go a long […]
What Causes a Home to Sell for More
Homes with a Bedroom Suite Sell Faster and for More per Sq. Ft. than Those Without. Annual Report
Waking up and strolling over to a bathroom without entering an open hallway or main living area in your home is a big deal. A bathroom directly connected to a bedroom, an en suite, French for following or after, is a desired convenience that causes homes to sell for more, a lot more. Perhaps you’re […]
Portland, Oregon Homes with ADUs Sell for More per Total Sq. Ft.
We update this article every year to let you know how much more Portland, Oregon homes with ADUs are selling for $X more per sq. ft. than those without. We keep doing this annual update so we can track the value of adding an ADU to a home over time. Keep reading to find out […]
Septic System vs. Public Sewer Home Value Impact, 2023 Report
Most homes within city limits are connected to a public sewer system (but not all). Of course, most homes in rural areas are on septic. Occasionally, the local government might force a homeowner to connect to their public sewer system and decommission their septic system (because they are laying new sewer lines in the area, […]
You're looking to buy a house and reading reviews because this is a major decision. We entered the market to purchase a home very inexperienced and skeptical. We now own a house thanks to Stephen and his network. Stephen will be our first choice whenever we decide to buy or sell a property in the future.
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