Realtor/Coach/Trainer
I have been reading a lot lately from people talking about pricing. Homes are only less subjective than art and collectibles. What is the White House worth? I got into an online discussion with an appraiser from the Southwest. He believed that only a licensed appraiser can determine the value of a home. Asking a […]
The city of Beaverton and the Biggi family have been arguing/negotiating over some land in Beaverton that the city would like to use to build a stadium for the Portland(will they change the name to Beaverton) Beavers. Negotiations broke down and the Mayor started talking about eminent domain. Once he agreed to back off that […]
UPDATE: A new study shows that hands-free cell phone laws had no effect on accidents. “The Highway Loss Data Institute (HLDI), an affiliate of the Insurance Institute for Highway Safety (IIHS), examined insurance claims for crash damage in New York, Connecticut, California and Washington, D.C., before and after handheld bans took effect and found no […]
HOA’s (Homeowner Associations) are a necessary evil for attached homes – row homes and condos. They make sure the homeowners follow the rules that they agreed to when they bought the house. They also keep up the standards for yards and exteriors which includes replacing the roof and siding when needed. Part of the issue […]
The Portland Real Estate Market Action We have an uptick in sales price but are still down 14% compared to June 2008. Same-month pending sales were up for the first time since December 2006, and inventory reached its lowest point since August 2007. New listings are down 18.3%. That certainly helps our inventory numbers. RMLS […]
Should Portland rename streets in honor of people?
Only 78 more homes went pending than in March and 146 more than April. I don’t expect a large jump for the rest of this Summer but Fall might be interesting. If they don’t extend the $8000 tax credit, there could easily be a rush this Fall to get the credit before the dealine. The […]
Seth Godin had a post about the damage that can be done by asking. Real estate is a slightly different situation where people don’t get a chance to connect usually and it is a “cold” request. Seller’s can take low offers personally which I have seen many times. Low ball offers in this case are […]
We are only halfway through May but we are close to a full month of Pending for January or February. As of tonight 906 homes have went Pending this month. January gave us 1062 and February 1142 so we are well on our way to beating last month though we are still below January 2001. […]
This is the updated chart for April 2009. Once again these are my numbers, I only have detached homes, condos, and townhomes. Late afternoon on April, 30th there were 1628 Pending homes. The updated numbers show 1713 Pending listings for April. Almost 200 more than March which doesn’t sound like a lot but that is […]
As of April, 14th we had 755 home change their status to Pending in the Portland Metro area. In the next 15 days we had 873 homes turn Pending. The activity is increasing as we get further into Spring. I was really hoping for a larger difference between this month and last but that wasn’t […]
The Portland area recently started Single Streaming Recycling where you can put all of your recyclable material into one container. This is a boon for recycling as many just didn’t want to have 3 or more bins to sort out the right types. I wondered how complicated the process is to sort those materials and […]
Take advantage of great weather and blooming flowers in case you sell your home in less than great weather.
This is one of the best charts to see what has happened to the Portland Real Estate Market. 2005 was our most active year though prices didn’t peak until June 2006. 2001 and 2002 were very similar. You can see that the second quarter is always significantly ahead of the first, which is great. What […]
I am hearing it everywhere (Twitter, blogs, meetings, and from other agents) that real estate is picking up. Pending is the best gauge of the optimism even if the deals don’t close. Here are the recent Pendings for the Portland Metro Area (areas 141-152): Jan 1062 (470 the first half and 592 the second) […]
Commercial Banks lend $9 for every dollar the have.(9X) Average Investment Bank 15X Bank Of America 32X Citibank 47X Oops is right. When they have a bad loan it gets multiplied by those factors. His talk is only a small part about what is going on in our market and world but the whole talk […]
