Portland Real Estate Market

The Portland real estate market is always changing. It takes a very busy real estate agent, top 1% in Portland, to keep a finger on its pulse.

Bookmark this page for monthly Portland real estate market updates, annual forecasts, Portland condo market updates, HOA reports, Portland population rates, local short sale and foreclosure updates, and more.

If you’re thinking of selling your home in the next twelve months, Stephen would love to tour your home. Call today to set an appointment.

Stephen FitzMaurice, Realtor
4% Max. to Sell a Home
Cancel Anytime Policy
Licensed Since 2003
503-714-1111

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

Portland Zip Code Map 2020 Update

“What’s the zip?” Zip codes are so much a part of everyday life that we hardly even notice them. Whether shopping for real estate, verifying a credit card or sending a piece of mail, Portland zip codes are a convenient shorthand for location. Also, if you’re new to a city and don’t yet know the […]

Home Showings Down 60% in March, 2020: Portland Real Estate Market

Okay I know this should come as no surprise, but a lot of home buyers are staying home. This means a number of things and one thing it doesn’t necessarily mean is a Portland Real Estate Market Crash. First, and most importantly, we also need to know how many fewer homes have hit the market. […]

Keep 100% Social Distancing & Buy or Sell a Home Today

The modern real estate industry has access to all the online, video, and 3D virtual tools needed to make sure every home buyer and seller can maintain complete social distancing when buying or selling a home. My top 1% real estate team in Oregon and Washington is fully equipped and ready to go! We can […]

Coronavirus vs. Portland Real Estate Market

First, as a Portland local, I wish to express my deepest sympathies for everyone hurt by the virus, whether it be physically, financially, or mentally. Second for your safety and others, please follow the guidelines as outlined by the CDC and encourage everyone you know to do so. The market is changing weekly right now. […]

10 Reasons to Buy a Home in Portland in 2020

Buying a home is a goal that’s easy to put off until “next year”. Here are ten reasons why this year, 2020, is the year to become a homeowner in Portland!  Real estate values have cooled, but not for long. Five years ago, we were seeing rapid, 7-8% annual gains in Portland home values as […]

Is California Taking Over Portland? 2020 Update

Anyone who spends much time talking to newcomers in Portland (and as real estate agents, we do a lot of that), will notice one thing over and over: There are a lot of Californians coming here! Note the following recent trends:  Nearly 40,000 Californians move to Oregon every year (source: Oregon Employment Department) Every year, […]

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 […]

Escrow and Earnest Money FAQ – Fact or Fiction

Updated 02/27/2023. “Escrow” is a multifaceted and hard-working term in the realm of real estate. It’s a process (or is it a period of time? We’ll answer that question in a minute.) that holds a number of pitfalls for first-time home buyers and sellers. But on the other hand, even experienced real estate agents and […]

2020 Portland Real Estate Forecast (final)

This is our final Portland housing forecast for 2020, updated from our first prediction written in August. In this article we are going to address the financial market indicators that bolster a relatively stable real estate market prediction. We are going to address interest rates, housing affordability, foreclosure rates, construction rates, and crime statistics. See […]

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 […]

Best Time to Sell a House in Portland – 2020 Update

In 2020, the Portland real estate market is split. Some parts of the Portland real estate market are cooling and are firmly considered a buyer’s market, while other segments of the Portland real estate market are still hot and considered a seller’s market. See our full 2020 Portland real estate market forecast here. In general, […]

Top 5 Portland Real Estate Market News Stories – 2019 Recap

Like previous years, 2019 was one in which technology dramatically shifted the age-old practice of buying and selling real estate. On one hand, the increased access to real estate market data that we now enjoy allows both buyers and sellers to make better decisions. On the other hand, technology has also clouded the real estate […]

Portland Real Estate Bubble – Housing Market Crash 2020

You have probably started hearing already that the Portland real estate market is cooling, and many now want to know if the real estate market here will crash, are we in a market bubble now and will it pop in 2020? Looking for information on how we expect the Coronavirus to impact the Portland Real […]

Portland Housing Affordability Rate – 2020 Update

Most people can afford to pay 30% of their income on housing costs; more than that, and housing becomes unaffordable. The Portland affordability rate is different depending on whether you’re renting or buying. According to the most recent census data, the median household income in Portland is $73,000 per year. For those households, the monthly […]

Portland Property Taxes to Rise in 2020

Portland property tax payments are due November 15. For most homeowners, the bill will be more than it was last year. But if you were one of the many Portland homeowners whose property values stayed the same or even went down in 2019, wouldn’t it make sense that your property taxes would also go stay […]

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 […]

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You're looking to buy a house and reading reviews because this is a major decision. We entered the market to purchase a home very inexperienced and skeptical. We now own a house thanks to Stephen and his network. Stephen will be our first choice whenever we decide to buy or sell a property in the future.

George