Archive for the Preparing a Home for Sale and Pricing Category

APRIL 2014 PORTLAND METRO REAL ESTATE UPDATE!!!

April12
Placido Domingo - "Younger than Springtime" Spring has sprung and we are seeing the usual real estate uptick as we head solidly into the spring selling season.  Activity in the Portland metro area is continuing to trend upward for the first quarter of 2014, but we are not quite as robust as the first quarter of 2013! Total average market time fell to 85 days in March and inventory decreased to 3.1 months (inventory in months is calculated by dividing the active residential listings at the end of the month by the number of closed sales for that month).  The average sales price in the fir… Read More

February 2014 Portland Metro Real Estate Update!!

February25
"Promises, Promises" - Broadway With 2014 well on its way, we’ve experience sun, rain, sleet, snow and the promise of Spring!  Our local real estate market promises to be varied and interesting as well.  We are “off the races”, so to speak, with an early market rush!  Well, to be quite frank, it never really slowed down as is usually expected during the holiday season.  Then, the real estate market was ready and anxious to get right to it in 2014!  It was the best January for new listings since 2007, but it’s still not enough to satisfy the buying market.  Lack of inve… Read More

November 2013 Portland Metro Real Estate Update!!

November21
"Thank You" - Natalie Merchant It’s that time of year to be “Thankful”.  Of course, we all know that being “full of thanks” should be a constant in our life.  Nonetheless, this is the season to remind us! So, let’s take advantage!  I’m thankful for a lot of personal things, but I’m also thankful that our local Portland Metro real estate recovery continues; slowly but surely!  We are experiencing the usual seasonal adjustments as we head towards the holiday season.  The average sales price is up 13.5% from the same period in 2012. The number of active listings dropped,… Read More

So, You’re Thinking About Selling Your Investment Property??

November7
Reel Big Fish - Sell Out Lots of investors are in the real estate market (for obvious reasons).  There's considerable cash liquidity out there and people looking for a place to shelter their money and/or leverage their money.  So, if you want to sell an investment property, there are several things to keep in mind. The first thing to keep in mind, is that the tenant is legally entitled to at least 24 hours notice before the property is shown to a prospective buyer. You must let them know you're coming! Can your new buyer require the renter to move out?  And, how much notice is re… Read More