Portland Real Estate Statistics

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Current Portland Real Estate Market Information Spotlight on 97229 zip code     Statistics for the 97229 Zip Code through February 15, 2016   Properties for sale: 108 New Listings:  110 Sold Properties: 89 Pending:  97 Months of Inventory based on closed sales:112 Months of Inventory based on pending sales:  1.1 Absorption Rate (Closed Sales) %:  82.4 Absorption Rate (Pending Sales) %: 89.8 Average Active Listing […]
Current Portland Real Estate Market Information First Time Homebuyers – Spring 2014 Market Information     The housing market is still far from normal. On a positive note, the pipeline of foreclosure inventory has shrunk, new delinquencies have declined, and home prices have surged. However, we have not settled into a stable supply and demand equilibrium. There is still a historically low share of first-time homebuyers, currently trending at […]
Current Portland Real Estate Market Information Is there a new real estate bubble?     Portland is currently a very hot area for real estate. In fact, it is not unusual in several neighborhoods for there to be more than 5-10 or more offers for the same property, driving the price up 10% or more above asking price. People have asked whether this is an indicator of another […]
Current Portland Real Estate Market Information Q & A: How much is my kitchen remodel worth when I sell? 2013 Cost -vs- Value   Q:  We've just put in a ton of work on a new kitchen, and now it's time to sell.  How much can we actually recoup from our expense?   A:  Here is a link to the Remodeling Magazine Cost -VS- Value Comparison Tool.  It lists costs for all areas of the US, and you […]
cary perkins What’s Happening in Real Estate?   NOW is a wonderful time to sell your house!          Portland Oregon Real Estate Information, House Ideas, Portland Oregon Highlights. Caryperkins.com
Current Portland Real Estate Market Information Time to Reality Check the Real Estate Market Time to Reality Check the Real Estate Market  by OB Jacobi   Rarely does a day go by that I don’t get asked if this is a good time to buy and/or sell a home. Some people might think that my response is always an emphatic “YES!” because I work in real estate. But in […]
Current Portland Real Estate Market Information Time to get moving.             Time to get moving.    Click link for more info!     Portland Oregon Real Estate Information, House Ideas, Portland Oregon Highlights. Caryperkins.com            
Current Portland Real Estate Market Information Portland Real Estate continues to rebound .   The rebound in the residential real estate market continued in September, according to new data from the Regional Multiple Listing Service. In the Portland area, 1,894 homes sold in September, a 19 percent increase from September last year. The average sale price climbed nearly 5 percent to $281,400. Median price increased 3 percent […]
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Current Portland Real Estate Market Information Portland Housing Prices are going up   Home prices, including distressed sales, rose 4.6 percent nationwide in August compared to a year earlier, the largest year-over-year increase since July 2006. The August increase marks the sixth-consecutive monthly home price increase. In the Portland-Vancouver-Hillsboro metro area, home prices, including distressed sales, were up 4 percent in August compared to a year earlier […]
Current Portland Real Estate Market Information How’s the Portland OR real estate market doing? The National Association of Realtors has released the following stats for the 2nd quarter of 2012.  I continue to be busy, but never too busy to help someone new.  
Current Portland Real Estate Market Information Where are housing prices headed?   Everyone seems to be asking their professional Realtor’s prediction is on where home values are headed.  To answer this question I want to quote three separate reports that have been published in the last 60 days: the Home Price Expectations Survey (HPES), the Urban Land Institute Real Estate Consensus Forecast (ULI) and the Demand Institute’s […]
cary perkins Insufficient inventory!     Please call me if I can help.    
Current Portland Real Estate Market Information Excellent article on the Real Estate Rebound Maybe you think Realtors are being optimistic when we say that the market is coming back. We are, I believe, optimists by nature. This job isn’t for the faint of heart, especially in the last few years when up to 40% of the Realtors left the business. But here is Barrons joining in our argument […]
Beautiful Houses Cost -vs- Value on Home Remodeling Get started on those home repairs, knowing what type of return they’ll have when selling your house. From a minor kitchen remodel & cabinet re-facing -vs- major kitchen with new cabinets, and from attics to basements, this report is a useful guide explaining what you can expect to recoup during your home sale.  If spiffing […]
3.8 % Real Estate Tax The 3.8% Tax Effective January 2013          Beginning January 1, 2013, a new 3.8 percent tax on some investment income will take effect.  Since this new tax will affect some real estate transactions, it is important to clearly understand the tax and how it could impact your transaction.  If’s a complicated tax, so it’s hard to predict how […]
cary perkins It’s an excellent time to invest in a rental property! Rental rates in Portland are rising, and availability is falling.  We’re now raked the 11th tightest rental market in the country.  Portland also  comes in fourth for job growth behind Austin, Houston and San Jose. Rents will increase on average 4 percent this year, according to this article. Home prices are at 2003 levels, interest […]
cary perkins Investment buyers – take note! The cost of renting has continued to climb, as the cost of real estate ownership has dropped during the last few years.  Now, with extremely low interest rates and greatly deflated housing prices, purchasing a rental property is becoming a popular notion again.  See the attached article for more info.
cary perkins Portland Real Estate Market Outlook Reflecting on the local Portland Real Estate Market for 2011, the national news, and even the Oregonian’s reporting on the market in general tended to be more dismal than what was happening in close-in Portland where most of my clients live, and where I work.  It was frustrating that the overall state of the real […]
Current Portland Real Estate Market Information Portland Real Estate Market Information – East Side
Current Portland Real Estate Market Information Portland Real Estate Market Statistics – West Side

Cary Perkins | Perkins & Perkins | Windermere Realty Trust

(503) 720-4455 | caryperk@windermere.com