portland

Portland Pending Activity For June 2009

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 […]

Low Ball Offers: It Can Hurt To Ask

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 […]

Portland Area Pending Activity Through 5/15/09

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. […]

Portland Real Estate April 2009 Market Action

Here is the full Portland Metro Area Market Report. Highlights, Portland is the most affordable since December 2004   Pendings are up 1,860 vs 1637 from last month.  Which is close to my numbers. April 2008 to April 2009 shows sales down 10.9% and closed sales are down 17.7% New Listings dropped 28.1% April 2008 […]

Portland Real Estate Pending Activity For April 2009

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 […]

Portland Pending Activity So Far For March 2009

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 […]

2009 March Portland Market Action

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 […]

Pending Activity For March

April is here and so is the activity in the Portland metro area.  I am continuing to track the Pending activity which I believe shows at least the intent of buyers even if the homes don’t sell. For 2009, Jan   1062  (470 the first half and 592 the second) Feb   1142 March 1523, […]

Light Effect On Wood

Imagine my surprise when I walked in to my client’s Tigard house, with all rugs gone, and saw this. I had forgotten that some of the Brazilian Cherry wood, and I am sure others, changes with light.  As my client talked about it I remembered that a client from a couple of years ago was […]

Homeowner’s Associations (HOA’s) The Good and Bad

A San Antonio HOA is threatening to foreclose on 84 homes on April 7th.  Many homeowners are upset with the HOA for not living up to their obligations.  As is always the case, refusing to pay usually backfires on the the person trying to get a change or revenge.   So what is the point of […]

Portland Real Estate Activity Still Increasing

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) […]

Quick Notes

30 cars find their tires slashed this morining in the Rock Creek Neighborhood. Nike may cut up to 4% of it’s work force.    The Company anticipates completing its review of its organization by the end of the current fiscal year. The exact number, timing and location of positions expected to be eliminated will not […]

The End of Prosperity

I read most of this book yesterday.  It’s catchy title worked and I picked it up from the library.  It’s subtitle was the reason I finally cracked open the book, “If we let it happen.” The country is in the midst of huge economic problems. New York City is facing huge debts and has proposed […]

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