Portland Real Estate Blog

This is a top 100 real estate blog in the world according to Feedspot.com. In particular this is a Portland real estate blog written by a top 1% Portland real estate agent, Stephen FitzMaurice, Realtor. Stephen regularly reports on the Portland real estate market, including short sale and foreclosure news. He gives home selling and home buying tips. He also writes informative articles on Portland neighborhoods. Finally, he writes to inform the general public about real estate agents and the industry.

You can subscribe to this Portland real estate blog via email (or by RSS button below), look for the sign up form on this page. Relevant articles will appear next to every post. I truly hope you will enjoy this world-class Portland real estate blog!

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sell your home fast in portland

Sell your Portland Home Fast in 2015

January 8, 2015

In 2014 I sold 54 Portland area homes as their listing agent in less than 30 days. In about 3 weeks from now, I’ll be releasing a little e-book titled, “5 Secrets to Selling your Home in Less than 30 Days.” It will be available on Amazon.com and other sources. I thought I would write an important tip here that I did not include in the e-book as it is more locally specific to the Portland real estate market and may not apply to other markets across the country. In order to sell your Portland home fast in 2015 you have to time the Portland market right, or at least know the market you are getting into. Spring comes early...

Homeowners Debt Relief Act

Mortgage Debt Forgiveness Act Has an Uncertain Future

January 7, 2015

A few good things came out of the bursting of the housing bubble in 2007/08. It drew attention to irresponsible banking practices, launched the tiny house movement in Portland and across the nation, and prompted congress to step up for those who were about to lose their homes. The Mortgage Debt Forgiveness Act was part of congress’ attempt to help homeowners in distress. What did this piece of legislation do? In a nutshell, it eliminated extra taxes placed on homeowners who sold their home through a short sale. It was intended to help the housing market get back on its feet by making it easier for people to sell their homes even if they were underwater on their mortgage. And...

portland real estate market

November Real Estate Market: Low inventory, more pending

January 2, 2015

The numbers are out for the Portland real estate market this November. How did we do? The RMLS report shows the expected seasonal slowdown, with fewer new listings than in October, as well as a decline in pending and closed sales. The good news is that these numbers are, for the most part, better than they were a year ago in November 2013. Particularly, closed sales were up 6.4% over last year, and pending sales were 14.4% higher! Inventory remains low, as it has all year, and there was no boost in new listings this November to help — in fact, new listings of Portland homes actually decreased 2.7% from last November. Usually, we say low inventory in a real...

portland real estate agents

The Best Websites for Real Estate Agent Reviews

December 22, 2014

One of the best things about the Internet is the way that it allows consumers to provide feedback on the products and services they buy. Had a good experience? Your review will be glowing and drive business to that product or professional. Dissatisfied? Your review will not only prevent the next person from making the same mistake, it’ll give the company responsible a chance to make improvements. At least, that’s how it should work. Unfortunately, at least when it comes to real estate agent reviews, that’s not always the case – as a recent article in Inman News points out. Many websites host reviews, but they’re not always sorted in a way that’s useful or relevant. The reviewers themselves probably...

perfect portland home

Find the Perfect Home in Portland

December 17, 2014

Portland, Oregon, is one of the fastest growing cities in the U.S. as of 2014. The city is also one of the largest in the Pacific Northwest area. With over 2 million people living in the Portland Metropolitan Area (which includes Portland itself and the surrounding suburbs) and more moving to the area on a regular basis, there’s a lot of Portland real estate being bought and sold. Finding that perfect home isn’t necessarily going to be easy, but it can be done. Here are a few tips that can help you find your dream house. Make a List of Must-Haves and Wants. No house is going to be perfect. Portland has some gorgeous homes, but even the ones that...

portland zestimates

What is my Portland Home Value?

December 11, 2014

Admit it. You, like many people — whether or not they’re actually interested in buying or selling a home — have typed your address into Zillow to see what homes in your neighborhood are worth. You might have even seen a “Zestimate” on your own home. How accurate is that number? Actually, according to the company itself, Zillow’s Zestimates are accurate to within 5% of the actual value of the home no more than half of the time. If you’d rather not flip a coin when it comes to this life-altering decision, there’s a better way to find out what your Portland home is really worth. And it’s easy — just talk to your Portland real estate agent. Real estate...

crowdfunding portland real estate

Wedding Crowdfunding for Portland Real Estate Downpayments!

November 28, 2014

Yes, wedding crowdfunding for a home down payment amount is a real thing. Times can be tough. How is a young couple to save for the down payment on their first home or piece of real estate? Well, if a wedding is in the works, crowdfunding could be an option. What is crowdfunding? You’ve heard of sites like Kickstarter and Indiegogo, where people with ideas run funding campaigns to get the cash they need to make them happen — whether it’s a documentary, engineering project, humanitarian effort, or other worthwhile cause. They pitch their ideas and set fundraising goals, sometimes even making it an all-or-nothing proposition (if they don’t meet the funding goal, all the money goes back to donors)....

portland urban growth

Can Portland Real Estate Market keep up with Population Growth?

November 20, 2014

It’s hard to say whether Portland’s population is growing because of jobs, the “hip” factor or because this city is really one of the best in the country for people of all generations and backgrounds. In any case, in June of this year Metro planners were estimating that Portland, Oregon will add 750,000 people to its metro area in the next 20 years. And a recent report in Portland Business Journal showed that Portland’s population growth is on track, adding more than 9,000 residents to the city in 2014 alone. Nearly three-quarters of this growth came from new residents surging to the area, with the rest coming from “natural” population growth — the number of births minus the number of...

questions for buyers agent

Five Questions to Ask a Portland Buyers’ Agent

November 12, 2014

Are you in the market to buy a home or property in the Portland, Oregon metro area? Before you start making the list of homes you want to check out, make sure you check out the real estate agent who will be helping you make this life-altering decision. A buyers’ agent acts on your behalf through the entire home sale process, from the initial search to the handing over of your new keys. I’ve compiled five questions you should ask your Portland real estate agent before you start working with them. Let your expectations be known! 1. What kind of experience does the Portland real estate agent have? How long have they been licensed, and how many sales have they...

real estate pending offers

Record-setting September for Pending Sales in Portland 2014

October 29, 2014

September brought cooler weather to the Portland area but it didn’t cool down the real estate market! Yes, this is a time of seasonal quieting for home buyers and sellers, but the year overall is proving to be a bright one for Portland real estate agents and their clients. A look at the latest RMLS Market Action Report shows why. Pending sales were the highlight of the report this month, rising a whopping 15% over last year’s. A pending sale is just that – pending. So what percentage of those sales make it to closing? When you compare the number of pending sales in September 2014, 2,551, to the number of closed sales that month, 2,378, you find that 93%...