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Portland Housing Permits: 46% Plunge | Your Real Estate Resource for Advice, Tips and Trends.
Portland's housing prices have surged, with fewer homes selling below $500K compared to a decade ago. Income growth lags behind rising home prices, making homeownership increasingly high-priced for many residents.
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When’s the Best Time of Year to Sell Your Home? | Your Real Estate Resource for Advice, Tips and Trends.
Spring and Early Summer Are Ideal: These seasons often see increased buyer activity and higher sale pricesLocal Market Variations Matter: Optimal selling times can differ based on regional demand and climate.
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How Do Wildfires and Weather Impact US Home Sales? | Your Real Estate Resource for Advice, Tips and Trends.
Wildfires, extreme winter weather, and rising housing costs are disrupting the U.S. housing market, lowering homebuyer activity.Redfin's Homebuyer Demand Index dropped 11% monthly, reaching its lowest level since August 2024, signaling reduced buyer interest.
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Happy April Fool’s Day | Your Real Estate Resource for Advice, Tips and Trends.
Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!
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When to Refinance Your Mortgage
Refinancing a mortgage involves replacing an existing loan with a new one, often to secure a lower interest rate, shorten the loan term, or access home equity. Homeowners should consider factors like home equity, credit history, and refinancing costs before proceeding. A lower interest rate can significantly reduce monthly payments, while cash-out refinancing allows access…
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How Stable Is Oregon’s Housing Market? | Your Real Estate Resource for Advice, Tips and Trends.
Oregon’s housing market had a 24.4% chance of a 5% price drop over the past 25 years, lower than the US avg of 26.4%.Oregon’s largest recorded price drop was ↓ 28.6%, higher than the national ↓ 24.2%.
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Portland: $150K HUD Funds for Security Improvements | Your Real Estate Resource for Advice, Tips and Trends.
Portland Housing Bureau plans to request $150K in HUD funds for affordable housing security upgrades. The Safety and Security Grant Program aims to address crime and safety concerns in affordable housing.
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This type of house is reshaping Portland’s neighborhoods, creating affordable homeownership
A wave of middle housing development is transforming Portland's housing market, offering more affordable options for homebuyers. This type of development involves building multiple smaller homes on a single lot, which helps increase housing supply and affordability. Since the implementation of the Residential Infill Project in 2021, over 1,400 middle housing units have been permitted.…
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Will Portland’s Tax Extension Solve Housing Crisis? | Your Real Estate Resource for Advice, Tips and Trends.
Metro's housing tax raised $300 million annually in Portland, but changes are proposed to sustain affordable housing efforts. A new ballot measure seeks to extend the tax by 20 years to ensure long-term housing stability.
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