Portland Real Estate Blog

This is a top 100 real estate blog in the world according to Feedspot.com. In particular, this is a local real estate blog written by a top 1% real estate agent in the U.S., Stephen FitzMaurice, Realtor. Stephen regularly reports on the greater Portland metro area’s real estate market including annual housing forecasts and best time to sell or buy a home reports. He gives home selling and home buying professional advice. He also writes informative articles on Portland neighborhoods and suburbs as they relate to the real estate market. Finally, he writes to inform the general public about real estate agents, such as annual average real estate agent commission reports and more.

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moving out of portland oregon

Are People Moving out of Portland? Population 2022 Update

January 17, 2022

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 the Portland metro. The growth of Portland suburbs (the whole metro) and the growth within the official City of Portland boundaries (the city proper). The research here was done by the fantastic PSU population center and results go through summer 21 and were just recently certified. The Portland metro is often called the tri-county area and is made of up three counties: Multnomah, Clackamas, and...

Abandoned Homes in Portland: How to Report or Buy Them

January 14, 2022

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. Owners move on or refuse responsibility, and the city places liens against the property, which makes it even more difficult for the owner to recover the property. While foreclosure rates have soared (from previous almost zero levels to low levels) nationwide, Oregon has faired relatively well this year in that regard, coming in 49th in overall foreclosures, thanks to the moratorium Governor Brown put into effect. This...

columbia riverfront real estate

Columbia Riverfront Real Estate, Willamette Valley Guide

January 10, 2022

Always dreamed of owning riverfront property? Imagine waking up every morning with the beautiful Columbia River flowing by right outside your door. It’s a dream for a lot of people, but the reality is, knowing where to look can be a challenge. To make your job easier, we did an extensive search to find Columbia River riverfront property in Oregon and Washington along the Willamette Valley. From single-family homes to condos to floating homes, there are a multitude of possibilities for all price ranges. You’ll be amazed by what’s out there! Columbia Riverfront Single-Family Homes When you own a single-family home right on the water, it’s like having your own personal oasis. The water’s calming effect, along with the wildlife...

portland condos for sale

Buying a Condo in Portland? 10 Things to Know in 2022.

January 7, 2022

The general consensus these days is that Portland is becoming too expensive for many people. It’s true that home prices have continued to increase at a noticeable rate over the past couple of years. It’s also true that condos have not followed the same price trajectory. That’s good news for condo buyers in Portland! Our interactive real estate map shows all the great condos for sale in Portland. You’ll be surprised by how many there are even though we’re in the middle of the typical cool market we see every year at this time. If you’ve been considering buying a condo in Portland, we want to remove some of the guess work for you. Here’s our list of ten things...

Portland Home Energy Score: 2022 Update (How is it Going?)

January 3, 2022

Committed to reducing carbon emissions in Portland 80% by the year 2050, the City of Portland instituted the Home Energy Score (HES) program in January, 2018. Since then, Portland home sellers had completed 20,000 HES assessments at the time of the last Portland City Council Report. The report also disclosed that, residential buildings are responsible for 18% of carbon emissions within Multnomah County. Considering that about 160,000 of these are single-family homes in Portland with more than three-quarters of them are owner-occupied, it’s easy to see what a positive impact implementing these assessments can make. Portland Setting the Trend for Home Energy Scores Portland was the first city in Oregon to require Home energy score assessments for all homes on...

2022 portland real estate market forecast

Portland Real Estate Market Forecast 2022

December 31, 2021

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. When looking ahead to 2022, you may be interested in knowing the best month to buy or sell a home (we rank each one). Seasonal norms came back in 2021, with spring (March – May) performing the best for home sellers and fall (August – October) performing the best for home owners. We predict the 2022 real estate market will follow similar seasonal norms. Buying or selling at seasonal peaks give you a 10% boost in your sales price or in your...

quietest portland neighborhoods

What are the Quietest (and Loudest) Neighborhoods in Portland?

December 27, 2021

Did you notice how quiet life got at the beginning of pandemic? As we all sequestered indoors, traffic decreased—even disappeared in some areas, the din of human voices didn’t mix and mingle with the air waves, and even mass transit met a lull for a short time. But life goes on, and humans find ways to maintain and continue. With the world slowly opening up and/or figuring out how to function in this new normal, noise levels are increasing, as well. Whether you’ve stayed put since the pandemic began, whether you made a move, or whether you’re thinking about making a move now, knowing where to find peace and quiet is important for quality of life. We took a recent...

How to Make an Winning Offer on a House

December 24, 2021

Making an offer on a home isn’t something any of us does on a regular basis, so there are bound to be questions and maybe even a little anxiety. After all, buying a home is one of the biggest financial investments you’ll ever make! With real estate still being a seller’s market in Portland, you may feel like the cards are stacked against you as a buyer. There are steps you can take, though, to give yourself as much control as possible when presenting an offer on a home. In this article, we’re sharing our best tips to help you navigate the process of making a winning home offer and increasing the chances of getting the home you want. Offer...

portland real estate market bubble crash

Portland Real Estate Bubble – Housing Crash 2022

December 22, 2021

Ever since COVID hit the U.S. economy and real estate market has been acting strange. Confusion and concern often lead the way. But despite the ups and downs over the last couple of years, the real estate market has continued to maintain strong demand as inventory has remained low (even historically so) and prices have skyrocketed. But what will happen to the Portland real estate market in 2022, will the bubble finally burst or will prices continue to rise to unseen heights? In order to understand the likelihood of a real estate market boom or bust we need to survey the structure of the local real estate market. There are two foundations with multiple pillars: ability to buy a home...

how homes are sold

How Homes are Sold Across the Country – 2022 Report

December 20, 2021

Selling a home can seem like a daunting task, whether you’ve done it many times or are doing it for the first time. There also seems to be more ways to sell a home than every before, so some research is in order. One must know how home buyers are finding, selecting, and purchasing homes for sale in order to know the best way to sell a home. What is the best way to market a home for sale in 2022 to get the biggest audience and best possible price? The National Association of Realtors (NAR) compiles an annual report that shares this and more, all based on careful, comprehensive nationwide research. Having this valuable information removes guesswork and will...