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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real estate maeket

Strong August Real Estate Numbers for Portland, U.S.

September 25, 2012

August’s home sales in the Portland area were the strongest in five years, according the Market Action report published by the RMLS last week. Home prices are also on the rise in Portland and across the US, a piece of good news that prompted coverage by the Associated Press and the Oregonian and gave hope to underwater mortgage holders. Does this month indicate that the housing market will soon recover to pre-recession levels? Nobody knows, but a closer look at the numbers will help Portland home buyers and sellers decide what their next steps will be. Last month, 2,311 homes were sold in the Portland metro area, which is a new record since 2007, before the housing market fell. High...


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...


zip code map

Portland Zip Code Map and Portland Neighborhood Map

September 12, 2012

A while back we posted an article on the best Portland Neighborhood Map. While we still think it is the best, we found another Portland map that incorporates both zip codes and Portland neighborhoods! Simply enter a zip code or street address at the top and you’ll instantly go to the appropriate location on the map. There is also a wonderful Portland Neighborhood List on the right hand side. There are so many wonderful Portland Neighborhoods, it can be tough to know which one is which! This wonderful map will help you discover which one you are in and tell you the zip. Top 1% real estate agent in Portland. Stephen FitzMaurice, Realtor See my listing package here. See my...


portland real estate agent

Why Hire a Portland Real Estate Agent?

August 30, 2012

Many people ask today, “With so much information online about how to sell my home, why should I use a real estate agent?” A lot of people believe they can put on a real estate agent hat and sell their own home without a lot of fuss or difficulty. I’m going to give you four quick reasons why you should hire a Portland real estate agent. 1. Education. Most of our education as real estate agents revolves around how to not get in legal trouble. There are countless legal pitfalls in real estate and agents have to study on average for six months to pass their license exam (mostly filled with legal questions). In addition to the education required to...


real estate closing costs

How to Save on Portland Closing Costs

August 23, 2012

Is it possible to save money on closing costs? Absolutely! If you’re a home buyer, Oregon is a great state to look at for some of the lowest closing costs in the nation. According to Bankrate.com, the average home sale closing costs in Oregon are 11th lowest of the 50 states. For a home purchased with a $200,000 loan, with 20% down payment and excellent credit, the closing costs average $3,509. But what are these closing costs, and who pays them? Your Portland real estate agent can help you figure exact amounts, but keeping closing costs in mind as you start your home search or list your home for sale will help you avoid surprises on the closing day. At the...


portland neighborhood map

Best Portland Neighborhood Map, Right Here!

August 15, 2012

Find out which Portland neighborhood is best! Discover: Neighborhood statistics on population, income, demographics, owner occupied vs. rent occupied, level of education, and more. This interactive map program outlines each of the Portland neighborhoods. Which Portland Neighborhood am I in? Simply type your address in the search bar and it will automatically transport you to your neighborhood area.


vintage home styling

Appeal to Portland Home Buyers With Vintage Home Staging

August 13, 2012

Whether they are long-time Portland residents or have only seen the city on Portlandia or style blogs like Urban Weeds, if home buyers across the US were asked to describe this city in one word, that word would be: Eclectic. No doubt about it – styling your home to show off its funky, retro side (even if you don’t think it has one) will charm buyers and help your home stand out from the crowd. Here on the Portland Real Estate Blog, we’ve written before about how home staging can reduce the time your home spends on the market by 78%. Now, we explore five ways  to give your home staging a distinctly Portland feel, all without breaking the bank....


rent or own portland

Buy vs. Rent in Portland, How Long to Break Even?

August 7, 2012

According to a recent Zillow report the average time it takes to break even buying a home verses renting a home in the Portland metro area is 3.5 years. Depending on the neighborhood, it could take as long as 5 years or as short as 1.5 years. Ask your Portland Real Estate Agent which Portland neighborhood will give you a quicker return. Zillow took into account all the costs of renting including utilities and deposits and contrasted that with the costs of Portland homeownership including down payment, taxes, maintenance, utilities and more. Zillow also adjusted for future rent increases and future Portland home valuations. To summarize, it is a great financial idea to buy a Portland home if you are...


portland home prices

Portland Home Prices Rise, Zillow says 4.3% Higher 2013

August 1, 2012

For the first time since the housing market crash prices have risen nationally from one quarter to the next, in this case, from the first quarter of 2012 to the second. Nationally that rise barely occurred, .02%. In Portland we are looking at a 6% increase in the housing market this year. However, last fall and winter prices dropped in Portland over 10-12% and so from year to year homes are still cheaper in Portland than in 2011. Is this the beginning of a housing turn in Portland? Zillow thinks so and is forecasting a 4.3% increase in Portland housing prices in 2013. Other analysts are less optimistic pointing to an ongoing shadow inventory of foreclosed homes that have yet...


top websites for real estate

Top 4 Real Estate Websites: Zillow, Trulia, Yahoo, & Realtor

July 31, 2012

Continuing their dominance, Zillow, Trulia, Yahoo, and Realtor.com round out the top four used real estate websites, according to HitWize. For those who are unaware, Zillow powers Yahoo’s real estate sites making Zillow as a program both first and third. Realtor.com has slowly slipped from the top spot, but remains number one in a number of other important categories, like time on site. As a local Portland Realtor, my suggestion is to use Realtor.com, or my Portland home search program. While Zillow continues to be the most popular it also has the worst data. Homes shown as active on Zillow may have expired or sold months or even years prior. Trulia maintains a better data program, but still suffers from...