Mindblown: a blog about philosophy.
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AI Transforms Home Buying: 300% Uptake | Your Real Estate Resource for Advice, Tips and Trends.
AI platforms are increasingly being used to connect potential buyers with off-market property listings.AI predicts potential home sales by analyzing detailed data on homeowner habits and property characteristics.
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Portland’s Affordable Housing Crisis
A recent report highlights the need for 81,000 affordable homes in greater Portland for households with incomes at or below half of the Area Median Income. Rapidly rising rents have outpaced income growth, affecting various groups. To address the housing crisis, a $652.8 million bond was approved in 2018 to create homes for 14,000 individuals,…
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Portland New Listings up 12.4% | Your Real Estate Resource for Advice, Tips and Trends.
Portland's Real Estate market showed growth with avg home prices reaching $629K. New listings ↑12.4% MoM, with 3,508 homes entering the market.
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Portland Area Residential Real Estate Trends Remain Dynamic
Portland's real estate market experienced growth in May 2024, with average home prices increasing by 1.6% to $629,000. The median sale price also rose by 1.5% to $558,500. The market saw a 12.4% surge in activity with 3,508 new listings. However, affordability is a concern, with families earning $116,900 only able to afford 88% of…
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Urgency in Home Buying Advice | Your Real Estate Resource for Advice, Tips and Trends.
Acceptance of stable interest rates drives homebuying trends in 2024. Waiting for lower rates may mean renters are building equity for landlords.
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Oregon’s Housing Market: Half a Million for Millennials? | Your Real Estate Resource for Advice, Tips and Trends.
The median home purchase price for millennials in Oregon is $515K. Remote work during COVID-19 led many Americans to relocate from high-cost urban centers to Oregon.
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How to Choose a REALTOR® | Your Real Estate Resource for Advice, Tips and Trends.
Define goals: Determine property needs, first-time buyer, investment, or selling, before choosing a REALTOR®. Verify credentials: Ensure the REALTOR® is licensed and a member of a Real Estate board or association.
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Happy Fourth of July | Your Real Estate Resource for Advice, Tips and Trends.
To all great Americans around the world, a very Happy Fourth of July to you all. This day is incredibly significant as the day the United States officially became its own nation. Let’s celebrate America’s birthday with festivals, parades, fireworks and other festive activities.The 4th of July marks the day America became a country where…
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Discover Oregon’s Top Cities for Living | Your Real Estate Resource for Advice, Tips and Trends.
Beaverton: High quality of life with a low cost of living Excellent schools Commitment to sustainability with over 90 parks Bend: Top-notch schools and healthcare facilities Affordable living on the West Coast Strong outdoor lifestyle appeal
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Portland’s low-income housing program fails to help intended population, audit finds
A Portland program aimed at increasing housing availability for low-income individuals is not meeting its goals, as revealed by a recent city audit. The Inclusionary Housing program lacks proper oversight of property owners, fails to provide adequate resources, and mainly benefits those earning 60% or 80% of the Median Family Income. The program's impact on…
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