Portland Housing Affordability
Housing affordability is more than the price of homes for sale or rent. Affordability for a given area is determined by average wage for that city vs. the cost of housing. We write annual reports on Portland's overall affordability rate here and point out the most affordable suburbs around Portland.
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
Will New Transportation Funding Make Portland Real Estate More Affordable?
Like it or not, your taxes are going up (sigh) and there will be a lot of upcoming road construction (sigh). Hopefully this will improve the city of Portland longer term. Last week, the Oregon legislature passed a massive transportation bill that will fund investments in transportation infrastructure across the state. The bill will increase […]
Affordability – 2015 Portland Housing Market
Is Portland an affordable place to buy a home? It’s a complicated question and how you answer it depends on what’s important to you. Luckily, we can count on the RMLS to break it down for us in simple numbers. It’s called the Affordability Index, calculated by our friends at the National Association of REALTORS®. […]
How affordable is the Portland Real Estate Market?
Nationally, you’d have to go back more than 50 years to find a more affordable time to buy a home in America. Locally, in Portland’s real estate market, you’d have to go back even farther. Affordability is an easy measurement. Basically, affordability is simply the percentage of a family’s income that goes towards a home […]
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When my wife and I decided to sell our home we started to search for agents who work for less than the 6% standard commission. Slightly skeptical, I decided to call Stephen for a consultation. Stephen came very prepared with comp sales, marketing techniques, and several other items pertaining to the sale I never would have considered. We sold in six days.
Denny
