Category: Uncategorized
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Portland City Council set to suspend certain permit requirements to spur development
Portland city council plans to suspend certain permit requirements, like redoing sidewalks and curb ramps, for property upgrades until at least January 2029. Tree-planting rules tied to remodels will also be waived. These changes aim to reduce costs and remove barriers for homeowners and small businesses, supporting economic development. Infrastructure and tree-planting rules remain for…
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Check out this new 3 beds-2 baths listing at 12 19 34th Place Forest Grove
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Happy Halloween | Your Real Estate Resource for Advice, Tips and Trends.
Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day. In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints. Soon, All Saints' Day incorporated some traditions of Samhain and the evening before was known…
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Can Falling Rates Drive Portland Housing? | Your Real Estate Resource for Advice, Tips and Trends.
Portland reports 68.5% of homes carrying mortgages. Lower mortgage rates may unlock stronger buyer activity in Portland.
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Portland: Slower Growth, Policy Impacts Persist | Your Real Estate Resource for Advice, Tips and Trends.
Portland’s market shows gentler home-value change with inventory creeping up; affordability and local policy continue to shape buyer behavior. Neighborhood-level divergence is pronounced: some in-city pockets remain tight, while other areas face longer listing times and softer demand. Homelessness and budget pressures influence municipal housing programs, which may affect renter supports and near-term housing absorption…
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Check out this new 3 beds-3 baths listing at 12 19 34th Place # , Forest Grove
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What Metros Will Benefit From Declining Mortgage Rates?
With the Federal Reserve cutting rates, metros with younger, more mobile populations like Washington, D.C., Denver, and Virginia Beach—where over 70% of homeowners have mortgages—are poised to see increased buyer demand. In contrast, cities with older populations and more outright owners, such as Miami and Buffalo, may experience slower market responses. Nationwide, 64% of homes…
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Will Portland Real Estate Surge With Lower Rates? | Your Real Estate Resource for Advice, Tips and Trends.
Portland’s Real Estate market depends significantly on mortgage financing. Lower borrowing costs may encourage a surge in housing demand. Younger homeowners keep mortgage reliance high across the metro. Market activity could reaccelerate as affordability improves. Sellers may find greater competition among motivated buyers.
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Cities With the Most Expensive Homes in the Portland, Oregon Metro Area
Raleigh Hills, OR has the most expensive homes in the Portland metro area with a typical value of $903,531. Lake Oswego and Brush Prairie follow with values of $869,426 and $847,308 respectively. Home values vary across 80 cities, with many showing 5-year increases around 30-42%. Recent 1-year changes are mostly slight declines or modest gains…
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Preparing for a Mortgage Pre-Approval in the New Year
As the new year approaches, many aim for homeownership, starting with mortgage pre-approval. Key steps include strengthening your credit score by checking reports, paying down debt, and paying bills on time. Organize financial documents like proof of income and bank statements. Save for down payments and closing costs, and avoid major financial changes. Research and…