Closed sales (1,663) rose 14.6% from the 1,451 closings recorded last year in January 2019 and decreased 24.9% compared with the 2,213 closings recorded last month in December 2019. Pending sales (2,271) increased 11.1% over the 2,045 offers accepted in January 2019, and rose 28.2% over the 1,772 offers accepted last month in December … [Read more...] about Portland Real Estate Market Action Report – January 2020
Real Estate Market
It’s a new year, which means that tax season approaches rapidly. While you’re getting all of your documentation together to complete your returns, we want to help make sure you’re taking advantage of all available deductions and deferrals! One interesting option for capital-gains tax deferral? The 1031 exchange, which allows investment property … [Read more...] about 1031 Exchanges: A Capital-Gains Deferral Strategy for Investment Property Purchases
Closed sales (2,213) rose 19.9% from the 1,846 closings recorded last year in December 2018 and increased 1.0% compared with the 2,191 closings recorded last month in November 2019 Pending sales (1,772) increased 10.8% over the 1,599 offers accepted in December 2018, and fell 22.1% short of the 2,274 offers accepted last month in November … [Read more...] about Portland Real Estate Market Action Report – December 2019
Think you need to spend a ton to get your home ready to sell? As you’ll see in this revealing video series, a small budget can go a long way. These small but impactful improvements not only paid for themselves but resulted in a 5x return on investment for our sellers! This home we helped prep for sale is a great example of the fact that you … [Read more...] about High Impact, Low-Cost Home Improvements = $$$!
Closed sales (2,191) rose 2.2% from the 2,144 closings recorded last year in November 2018 and decreased 15.3% compared with the 2,588 closings recorded last month in October 2019. Pending sales (2,274) increased 19.4% over the 1,904 offers accepted in November 2018, and fell 11.7% short of the 2,575 offers accepted last month in October … [Read more...] about Portland Real Estate Market Action Report – November 2019
Closed sales (2,588) rose 6.1% from the 2,440 closings recorded last year in October 2018 and increased 8.9% compared with the 2,377 closings recorded in September 2019. Pending and closed sales saw gains this month in the Portland metro area compared with October 2018. Pending sales (2,575) rose 3.7% over the 2,484 offers accepted in October … [Read more...] about Portland Real Estate Market Action Report – October 2019