NPR reports on the rising trend of all-cash housing transactions, including a resurgence of house flippers.

As foreshadowed by May and June’s low pending sales, the July closed sale total tells the real story of the non-tax-credit-stimulated housing market in Portland. From a high of 2,050 closed transactions in May, the market has cooled to around 1,400 closings during what would normally be the peak home buying and selli

Reader Darin points us to a Yahoo/Bloomberg article touting Washington and Oregon as the top two housing markets to rebound by early 2014

For a second month in a row, the Portland housing market shows that it is clearly returning to its pre-tax incentive pace. This means low sales volumes when compared to historical averages in what would normally be the peak home-buying and selling season. It’s as if everyone moved their calendar up by a couple months.

The NY Times reports that homeowners with mortgages in excess of $1 million are defaulting at a 1 out of 7 pace.

The homebuyer tax credit binge is over and all that’s left is the hangover. As expected, closed sales in May were very strong, at over 2,000 transactions closed, but pending sales in the first post-tax credit month were just 1/2 of April’s performance. Relatively low listing activity is keeping inventory down

The Senate on Wednesday approved a tax credit extension for homes in escrow through September 30.

Last summer, the HGTV show “My First Place” came to Portland and selected a couple of my clients to follow and film as they purchased their first home together. As their agent, I was sorta obligated to go along with the deal. I mean, who would turn down free publicity, right? Well, the episode finally airs this

Portland’s strong, springtime home-buying activity continued through April, with nearly 2,000 homes selling and another ~3,000 entering into contract. The sale pending number is the highest since May 2007 and is comparable to figure we saw during the bubble-buying period between 2004 and 2007. Sale prices bounced up a

Reporting this a little late this month, but March results for Portland’s real estate market were a little eye-opening. First off, 1,800 homes closed escrow in March. That’s ok, but not historically all that strong for March. However, 2,400+ homes went sale pending in the month. That’s the highest number o

Jason Lucas and I spent a couple hours at the John Ross condos on Monday to see every unit and to document the features,

If you believed the Portland-area housing market was in recovery mode, February 2010's results won't bolster your confid

If you're struggling to keep your home, you may want to take advantage of an upcoming workshop and free counseling put o

Like the neighboring Atwater Place, owners of the John Ross Condominiums have decided to auction 50 unsold units in an e

New solutions from the Obama administration for the housing crisis continue to emerge. From the New York Times comes: Mo

 I put together a graph showing Portland-area median sale prices by month from 2000 through 2009. The smooth curves show

According to the Case-Shiller report, home price declines are easing throughout most of the country, including Portland-

Just about every metric comparing January 2010 to January 2009 would appear to be positive news -- higher sales volume & Related posts:

I've been pondering how the housing market will fare as federal support programs wind down. First, the Federal Reserve w

Lost in the breathless excitement surrounding low interest rates and homebuyer tax credits are the stories of beleaguere

Just a heads-up. If you want an assured ticket for Portland's popular modern home tour (April 17), you might have to pon

Completely off the real estate topic today, but I bumped into this video posted at oregonlive.com, courtesy of the Winde No related posts.

It's an FHA-kinda day here at re:PDX. In a move to minimize its own insolvency and avoid a bailout, the FHA is refining No related posts.

Starting February 1, the Department of Housing and Urban Development will temporarily suspend a rule in FHA lending that Related posts:The Clock is Ticking for FHA

December 2009 certainly beat the tar out of December 2008 when it came to sales volume. Poor weather and economic uncert No related posts.

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I'll probably do a 'looking ahead' post soon, but 2009 was an interesting year (for me anyway) and I thought I'd share a No related posts.

Home buyer tax credits and low interest rates continued to fuel home purchases in November 2009 throughout the Portland Related posts: