What's really going on in your Neighborhood? - 05/28/08 03:00 PM
Back by popular demand is my second installment of inventories by zipcode. This shows which parts of town and which types of property are selling and which ones are sitting. Inventory is figured in months with 6 months being balanced, less than 6 months favoring sellers and more than six months favoring buyers. If I missed your area just let me know and I'll add it in.
Detached Homes:97214 - 2.9 months97217 - 2.9 months97212 - 5.2 months97203 - 5.2 months97202 - 6.0 months97232 - 6.5 months97210 - 9.2 months97227 - 9.5 months97201 - 18 months
Condos
97232 - 5.0 months97214 … (0 comments)

New Portland Report - 05/27/08 04:23 PM
Spring 2008 Portland Report is now available. We'll be throwing a party soon to celebrate so stay tuned
Spring 2008 Portland Report
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Inventory goes back up in April - 05/19/08 02:21 PM

News came out that the April inventory of homes in Portland actually went back up to February levels at 10.3 months. I had predicted, based on the activity levels in my office and among my clients that the inventory would continue to trend down. I will be taking a look at how detached homes close-in are faring because my experience in this arena feels more balanced than the metro inventory would suggest.
For example: I have a client looking in the $300k range. We identified 15 possible properties on Wednesday to look at that weekend and by Friday 5 of … (0 comments)

The Next Hot Neighborhoods in Portland - 05/12/08 11:00 AM
I am often asked the question, "What are the next hot neighborhoods in Portland." I like answering this question because I feel I have a good take on what makes a great neighborhood. Also, as a Broker that handles commercial real estate, I know many of the developers in town and where they are planning new projects.
What makes a great neighborhood? In one word: Lifestyle = Parks, Transit, Restaurants, Bars, Entertainment
North Portland: KentonI love this place. Close it I-5 and Interstate MAX line. Denver has new cafes and shops openning up and Kenton Park is great all summer.
NE … (0 comments)