Buy a Home in Portland

Kami Price, Principal Broker is our lead buyer’s agent and a top 1% buyer’s agent in the Portland metro area. Kami has been licensed since 2004 and has helped hundreds of local home buyers find their next property. She has a long list of awards and additional education certificates.

If you’re considering buying a home in the next twelve months, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.

Kami Price, Realtor
Represented Hundreds of Buyers
Licensed since 2004
503-773-0000

PortlandHomesForSale.com
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real estate market portland

Rent Vs. Buy in Portland Real Estate Market Prediction 2014

December 6, 2013

Which is a better investment? Should you avoid risk and keep renting, or bite the bullet and purchase a home? Here are some key factors to consider: Portland area rents have incrased an average of 5% in 2013. That is an annual “depreciation” of -5%. In contrast home prices have risen in Portland 10% from 2012 to 2013. According to the Portland Metropolitan Association of Realtors: The average annual monthly home payment in Portland was 14,467 in 2013, while the average rent paid was 13,212. However, the homeowner had an average interest deduction of $2,853, property tax deduction of $896 and gained appreciation (equity) of $4,702. This is based on median home prices in Portland and a 30 year fixed...

condos in portland

Buying a Portland Condo: Six questions to ask

December 1, 2013

Condo sales in the Portland real estate market are steadily rising. Portland condos took the hardest hit during the housing bubble and crash, but are rebounding fast. Many think a Portland condo is one of your best (and last) chances to still get a deal from the Portland housing market crash. From first-time homebuyers to empty-nesters looking to downsize, a condo is a great, affordable housing option for many Portland residents. With inventory in the Portland housing market low and the economy picking up again, condos are becoming an even more popular option. But owning a condo is different from owning a house for several reasons. Before you buy, read the fine print and ask plenty of questions. Here are...

cohabitation in portland

Buying a Portland Home – with a little help from your friends

October 15, 2013

In the early 1970’s, Portland activists organized to collectively buy a home in Northeast Portland. They called it “Terrasquirma”. The idea was that by sharing the mortgage and other costs of running the household, the owners could have more time and resources to devote to their various causes. It worked – among other things, Terrasquirma’s residents created a recycling network that laid the groundwork for the city’s first municipal recycling system. Terrasquirma dissolved in 1979, but cooperative housing hung on in Portland. More recently, people who have no activist inclinations whatsoever have also begun to see the benefits of sharing a home title. The advantages of home ownership are well understood – tax breaks, a sense of freedom and security,...

real estate disclosures

Portland Real Estate Disclosures for Buyers and Sellers 2013

October 7, 2013

In the Portland real estate market, it is vital to provide the buyers and sellers with proper disclosures. These real estate disclosures change depending on whether the property is a regular sale, short sale, estate sale, or foreclosure sale. The disclosures will also change depending on the type of property, townhome, condo, detached, and year built. I’ve attached a few PDFs to this post that contain important Portland real estate disclosures for 2013. The real estate disclosures do not always change year to year, but they tend to change over time. What follows below is not even close to a comprehensive list for Portland real estate disclosures, but it does include some very important highlights. Oregon Real Estate Agency Disclosure...

advice on home buying

How to Make a Good Offer on a Portland Home.

March 6, 2013

You just found the perfect home and it is priced at $300,000. Now what? Do you offer 275, 300, or even 310,000? The number one factor for making a great offer on a Portland home is knowing the DOM (days on market). If the sellers are asking fair market value and there are no other offers on the table you can follow this rule of thumb. 1-3 DOM (Days on Market) You will need to offer full price or extremely close to it. Make sure your Portland buyers agent calls the listing agent to check if there are already multiple offers submitted. 4-14 DOM (Days on Market) You will need to offer within 1% to 3% of asking price. At...

home buyers agent

Portland Buyers Agent 2013

February 22, 2013

Why should you use a Portland buyer’s agent? Let’s compare lawyers with real estate agents. It’s safe to say that the majority of us are not lawyers. But we probably know or have heard of someone who is. If you had some sort of legal trouble, it would be in your best interest to get in touch with one, and a good one at that. Their expertise at looking out for your interests and having your legal back is worth a lot when you need representation. They can really protect your rights, time, negotiate on your behalf, save you trouble down the road, and sometimes they can even save you a lot of money. So it is with a Portland...

oregon relocation

Top Portland Oregon Relocation Websites 2013

January 23, 2013

Need to relocate to Portland, Oregon? Good news! Portland city hall is very progressive. Before you rent or buy a home in Portland various websites can help you easily discover vital information about Portland neighborhoods: the best schools, lowest crime areas, and lots of helpful demographic information. Here are the top five Portland relocation websites: PortlandMaps.com – This website is updated by the government and contains the latest information on crime, zoning, utilities and more, great information specific to any inputted address. Oregon School Ratings – The department of education in Oregon has a very progressive and in depth rating system for every single public school in the state! The entire list is searchable alphabetically on this site. Portland School District Website...

real estate inventory

Taking Inventory of the Portland Real Estate Market

December 3, 2012

The real estate industry keeps track of how it’s doing in funny ways. Mortgages are always going above or below water, but they never seem to get soggy. The real estate blogs are constantly searching for the mysterious “bottom of the market” (it must be down here somewhere!) Then there are the economic factors we like to pay attention to, the bulls and bears and consumer confidence indexes. Inventory is one of those head-scratchers in the real estate biz. To give an estimate of how the market is doing, it measures something that would never actually happen: Every homeowner decides they never want to move again and no new homes come on the market. In that case, how long would...

exploring portland

New to Portland? Four websites to help you explore the city.

October 15, 2012

Congratulations! You’ve closed the deal on your Portland home and unpacked the boxes. Now what? Whether you’ve just moved to a different Portland neighborhood or you’re a new transplant to the City of Roses, it will take some time to feel like a local. Go for a walk, meet your neighbors, then check out these websites to get the full scoop on your new surroundings. 1. Portland Online – http://www.portlandonline.com/ Most government websites are about as fun as a pile of tax forms, but the City of Portland’s is different. This site makes it easy to become a Portlander, with a guide to composting and recycling, parks locator, bicycling maps, and a neighborhood events calendar so you can start going to those...

real estate mobile apps

Mobile Apps for the Portland Home Buyer

September 17, 2012

When it comes to buying a new home, nothing beats having an experienced real estate agent on your side. But your REALTOR® doesn’t fit in your pocket, which is why the mobile applications are very popular among home buyers. These apps are a good starting point, with location-based information on homes for sale plus photos, prices and other data pulled from the home’s MLS listing. The big real estate apps don’t do everything, though, which is why we’ve compiled the following list of handy mobile applications to simplify the entire home buying process, from setting up the first home showing to settling into your new place. We’ve also included a couple of apps that Portland residents find useful for navigating the...