Each month we highlight a suburb of Portland, Oregon and profile its housing market as a resource for your real estate planning needs. To learn more, check out our Portland Suburb Real Estate Market Reports to find all the suburbs we have covered. For an overview of the Portland metro real estate market, you can read our current monthly report and our 2024 Portland real estate forecast.
This month we’ll focus on the suburb of Happy Valley, located roughly 12 miles east of downtown Portland within Clackamas County. Happy Valley’s location provides residents with easy access to beautiful natural areas surrounding Portland, including the Clackamas River Scenic Waterway. At the same time, this suburb offers plenty to do and explore within its boundaries. Happy Valley is the home of the iconic Pickathon music festival that attracts thousands of concertgoers yearly with its unique experiential approach. The city is a planned-growth community and the result of years of planning to incorporate its commercial centers, trails, and 11 city parks for residents to enjoy.
Like most Oregon cities, Happy Valley has a number of favorite local haunts, including Stickmen Brewing Company and a Willamette Valley Vineyards tasting room and restaurant. Another highlight is Happy Valley Station. This food cart haven features over 18 food trucks, a 45-tap dedicated beer, wine and cider cart and a large covered eating area where you can enjoy your meal.
Now let’s take a look at the numbers that are shaping the housing market in Happy Valley.
Happy Valley Housing Inventory is Starting to Increase
Available home inventory in Happy Valley reached its highest peak in the last few years in November and has been declining ever since. Levels began to even out in March and are just beginning to increase again in April. Due to the seasonal cycles of our local real estate market, we expect to see a yearly increase in inventory toward the end of Spring and over the summer months. As you can see on the chart below, inventory in Happy Valley has followed this trend each year (with the exception of 2021). As the number of active home buyers on the market begins to wane while a growing number of new homes are continually added, home inventory in Happy Valley should continue to increase throughout the Summer.
Happy Valley Real Estate Prices are Increasing Slightly
Home prices in Happy Valley, most accurately calculated by price per square foot, have remained virtually unchanged since August of 2023. Home sale prices typically increase over the spring months in our local real estate market as they did in 2023, as shown on the Fidelity chart below. But in 2024 prices in Happy Valley did not undergo the usual increase we expect to see during the Spring season, and instead remained relatively static. As we near the end of Spring and more homes continue to be added to the market while the number of buyers dwindles, less competition for available homes should lead to an overall decrease in home prices.
Home prices in the Portland metro area experienced an overall decrease in home prices in 2023 (with a few exceptions). Clackamas County, which includes the suburb of Happy Valley, experienced a -1.9% price decrease compared to the previous 12 months. With the tendency for prices to continue to increase through the Spring in our local housing market, prices in Happy Valley may continue to increase slightly over the next several weeks before beginning to drop again as Summer approaches.
Happy Valley Average Days on the Market
As you can see on the chart below, the number of days for homes in Happy Valley to stay on the market follows a seasonal pattern. Listed homes tend to increase in market time over the Fall and Winter and typically reach a peak in the early months of the year. Market time for Happy Valley homes began to decrease in the Spring, and listed homes are now remaining on the market for an average of 118 days – longer than at this same time over the past three years. Based on the predictable cycles in Happy Valley and the Portland metro housing market as a whole, we can expect to see market time continue to drop through the end of Spring and into Summer.
Happy Valley, Oregon Homes for Sale
Browse all Happy Valley homes for sale using the interactive map on Portlandhomesforsale.com.
Happy Valley, Oregon 2025 Real Estate Forecast
Increasing home inventory in Happy Valley signals that the active selling season is beginning to cool down as the number of new listings rises higher than the number of homes that are selling. Meanwhile a slight increase in prices combined with decreasing market time reveals that buyers are still active. We anticipate that the inventory of listed homes in Happy Valley will continue to grow until the end of Fall and possibly into the Winter, and that prices will either remain high or increase slightly before beginning to drop again toward the end of Spring.
The Happy Valley housing market was impacted by the same factors that suppressed market performance in the entire Portland Metro area in 2023, with its home prices dropping by an average of -2.4% from mid-2022 to mid-2023. Considering the slightly lower mortgage rates available in 2024, we should see the market begin to stabilize throughout the year until gaining strength with a fresh wave of home buyers and rising prices in the Spring of 2025.
We keep looking forward to future federal interest rate drops that have not yet realized themselves. No one is sure that they will occur in 2024, but it seems there is a decent change for that to occur at least in 2025. If that does happen, there is a lot of pent-up demand that will serve the entire metro well, and give Happy Valley a boost. Assuming that is on the way, we forecast Happy Valley, Oregon home prices to increase in 2025 by 3% and recover some of their recent losses.
Ready to Buy or Sell a Home in Happy Valley, Oregon?
Whether you are interested in buying or selling in Happy Valley or anywhere in the Portland metro, you can use our experience to your advantage. We have spent over two decades studying and navigating the greater Portland housing market so you don’t have to. We provide our clients with exceptional service yet charge a lower commission rate than the industry standard. Get started today by calling our top 1% buyer’s and seller’s agents at 503-714-1111 or chatting with the bot on this site. We’d love to put our experience to work for you!
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
Tigard is a flourishing city that embraces recreation, local history, and arts and culture. We thought we’d take a look at this thriving Portland suburb and share some of its features you may not be aware of. Before we get to the details, here’s an overview. Located only ten miles south of Portland in Washington […]
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
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 […]
Average HOA Cost Annual Report
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 […]
HOA Fees Have Inflated 20% in Portland, Oregon since 2020
Many condo complexes and high rises in Portland, Oregon have high monthly HOA fees can cost as much as half the monthly mortgage payment (or more). Many condos and townhomes now have HOA fees well over $1,000 a month. Needless to say, it is important to pay attention to HOA fees when buying or selling […]
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
Every year we post a best time of the year to sell a home update, and now we are starting a best time of the year to buy a home in the Portland real estate market. As you would imagine, these market times are in nearly opposite every year. Exception: if you need to sell […]
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?
Updated 04/2024 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 […]
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, May 2024 Report
The high level of home buyer traffic we saw early in Spring is beginning to wane a little due to the recent increase in mortgage rates (yet numbers still remain high) while home inventory is starting to climb. These market shifts have stabilized prices, which may begin to decrease in the coming weeks if these […]
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 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, May 2024 Report
The high level of home buyer traffic we saw early in Spring is beginning to wane a little due to the recent increase in mortgage rates (yet numbers still remain high) while home inventory is starting to climb. These market shifts have stabilized prices, which may begin to decrease in the coming weeks if these […]
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 Real Estate Suburb Reports
Happy Valley, OR Real Estate Market Report with 2025 Forecast
Each month we highlight a suburb of Portland, Oregon and profile its housing market as a resource for your real estate planning needs. To learn more, check out our Portland Suburb Real Estate Market Reports to find all the suburbs we have covered. For an overview of the Portland metro real estate market, you can […]
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 […]
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
Happy Valley, OR Real Estate Market Report with 2025 Forecast
Each month we highlight a suburb of Portland, Oregon and profile its housing market as a resource for your real estate planning needs. To learn more, check out our Portland Suburb Real Estate Market Reports to find all the suburbs we have covered. For an overview of the Portland metro real estate market, you can […]
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 […]
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, […]
I am so grateful for my choice in Stephen. Being able to have total confidence in him made the experience of selling my house stress free. He is friendly, focused, professional, and to the point. Best Realtor I have ever used, period.
Amy