Archive for the Preparing a Home for Sale and Pricing Category

What Do You Predict Will Happen to the Portland Real Estate Market in 2012?

January6
"Future's So Bright, I Gotta Wear Shades"   What do you predict will happen in the real estate market in 2012?  It's been a crazy 3 to 4 years in both our local and national real estate markets.  If you agree with the statistic that March 2007 was the absolute pinnacle of the real estate frenzy, then we are coming up on 5 years of instability and various levels of distress!  I know we definitely started to see some signs in 2007 (and, even earlier) and in 2008 Portland began to experience the adjustment in earnest, albeit slowly! Portland was a little "late to the party" as compa… Read More

December 2011 Portland Metro Real Estate Update!

December27
"Happy New Year" - ABBA   DECEMBER 2011 PORTLAND METRO REAL ESTATE UPDATE!!! Merry Christmas, Happy Hanukkah, Fabulous Festivus, Sensational Solstice…or whatever you embrace, believe or endure in this holiday season!!  And, what about the real estate market … you ask??? (or not).  Well, not so bad…not bad at all…relatively speaking!  It’s with tiny, incremental steps that we seem to be somewhat stabilizing. As was the case last year, we had an uptick in activity during this traditionally slower time of year.  Nationwide, existing Home sales were up 4% for the month … Read More

More Data About Selling Homes in the Wintertime in Portland, OR and Elsewhere!

December15
"Walking in a Winter Wonderland" - Dean Martin   As a follow up to Tuesday's blog regarding why would anyone try to sell a home or buy a home at this time of year, Blackwater Consulting pulled a year's worth of data on three quarters of a million homes listed across the country and analyzed sales statistics by season. Here's what we found: Homes listed in winter sell faster: 46 days in winter vs. 55 days in summer Homes listed in winter are more likely to sell: 59.2% sell in winter vs. 53.1% sell in summer Homes listed in winter sell closest to their original price: a 2.7% … Read More

October 2011 Portland Metro Real Estate Update!

October31
\"Monster Mash\" - Bobby \'Boris\' Picket OCTOBER 2011 PORTLAND METRO REAL ESTATE UPDATE! Happy Halloween!!  I realize I’m a little late with this October edition of my real estate update, but I’ve been on my excellent “Aussie-Kiwi” vacation visiting my sister in Australia/New Zealand for three weeks and I’m still digging out from the pile of paper, files and work as I try to catch up.  I’m not sure I can give much insight into the market for this month (as I missed most of it).  I can share a few statistics and items of interest.  I can generally asse… Read More