Real estate market statistics are out for September 2018. Portland real estate market took a big dip since August. The fall market is always slower with less people selling and buying and by November and December, it will be dead quiet as the inventory almost drops to quarter of what...
Increasingly people are worried that the Portland real estate market has reached the top of the value in 2018 and the market may crash in the next two to three years. Although things are very much different from the last housing market crash in 2008, the fear is very much...
Portland real estate market statistics for August 2018 are out on RMLS. Overall, not bad. The housing market didn’t dip any further. In the detached single family home market, the median sold stayed exactly the same at $450,000 but it more days on the market to sell. The condo market...
If you are a home buyer, missing the inspection deadline will bring a severe consequence including not receiving any repair credits, being stuck with home’s poor conditions or losing out on your earnest money. Every real estate contract states how many days a buyer has under the contract to perform...
Real estate sales report came out from RMLS for the month of July. The numbers show a decrease in the median value for all home types with a slight increase in the average and median days on the market. This slow down is not uncommon at all. Us realtors call...
You might be either a buyer or seller and you are ready to hire a real estate agent to sell or buy your home. There are so many agents out there and it can be overwhelming to decide who you want to hire. To make matters worse, it could be...
When you buy a house, the amount of work and due diligence items a buyer should perform can be overwhelming. As a buyer, working with a lender is already a lot of work. On top of that, identifying any issues with a house is critical before you even decide to...
Portland real estate sales statistics are out from RMLS. The housing market report for June 2018 totally contradicted the report from May 2018. The seemingly slowing real estate market from May fought back shooting up the median sold value all the way to $449,950. The median sold value for detached...
The Portland housing market in year 2018 started on a strong note with a hot housing market earlier on especially in March and April. Starting from May, which is supposed to be the hottest real estate month of the year, it is showing a sign of a slowdown. As of...
There is a common belief that landscaping doesn’t increase the value of your house that much and most people would rather spend their time and money updating other components of their house such as kitchen and bathroom. There is no doubt that money spent on kitchen and bathroom upgrade is...
