New listings made some gains this May in the Portland metro area. At 4,665, new listings outpaced May 2017 (4,388) by 6.3% and rose 16.9% from last month in April 2018 (3,990). This was the strongest May for new listings since 2008, when 5,182 were offered in the month. Closed sales (2,803) fell 3.2% short of the 2,896 closings recorded last year … [Read more...] about Portland Real Estate Market Action Report- May 2018
Closed sales saw an upswing this April in the Portland metro area. There were 2,523 closings, a 13.7% increase over April 2017 (2,219) and a 6.4% increase over last month in March 2018 (2,371). New listings (3,990) saw gains as well, outpacing April 2017 (3,759) by 6.1% and March 2018 (3,648) by 9.4%. Pending sales, at 3,008 in April, fell 2.6% … [Read more...] about Market Action Report- April 2018
Wick: Hi all. Wick here! Today’s topic is tiny homes. Have you ever thought of owning a small house on wheels and renting it out? Otherwise known as the “tiny American Dream”:)? Today we are going to chat with someone who has done just that. This might help you decide if you want to get on the “tiny house train” or not! Wick: Joining us is … [Read more...] about Wick’s Tips- Considering a Tiny Home in PDX?
ADU- Accessory Dwelling Unit, aka "mother-in-law apartment," "granny flat," studio apartment, ohana (in HI). An ADU is a second dwelling unit created on a lot with a house, attached house, or manufactured home. An ADU is smaller than the main dwelling. It can be a conversion of an existing portion of the home, an addition to the existing house, … [Read more...] about ADUs- What to Know
New listings int he Portland metro area saw a slight gain compared to last year this March. At 3,648 for the month, new listings edged 1.2% over the 3,604 new listings offered last year in March 2017 and were 44.2% warmer than last month in February 2018 (2,530). This is the best March for new listings in the area since 2010, when 4,987 new … [Read more...] about Market Action Report- March 2018
Closings had a strong month this February in the Portland Metro Area. There were 1,806 closed sales, a 8.2% increase over February 2017 (1,669) and a 10.9% increase over January 2018 (1,628). New listings (2,530) saw gains last month, outpacing February 2017 by 0.4% and January 2018 by 1.8%. Pending sales, at 2,337, fell 1.4% short of the 2,369 … [Read more...] about Market Action Report- Feb 2018