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AGENT503

http://www.agent503.com

Located in Portland

Last update: August 21st, 2010 at 04:33 pm

ping: http://ignoregon.com/ping/1822

16 post clicks in the past 90 days

The Portland Real Estate Insider

Click on the buttons below to view full details for homes that SOLD between 08/02/2010 and 08/08/2010 in Portland. NORTH PORTLAND (e.g. Boise-Eliot, Overlook, University Park, Kenton, St. Johns) NORTHEAST PORTLAND (e.g. Hollywood, Grant Park, Irvington, Alameda, Beaumont, etc.) SOUTHEAST PORTLAND (e.g. Buckman, Hawthorne-B

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Luxury homes sales in Portland are up by 35% year-over-year. Find out what's selling and what's available at the top of the stack here.

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According to a recent study of several homes listed for sale in Portland since July 09, prices - on average - have been adjusted downward by 8%. Find out which homes are down more than that here.

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Roughly 20 single-family homes and condos in the city of Portland are scheduled for auctions this week. Most of these properties will sell for 150k or less.

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The age of the renter is upon us and is expected to create opportunities for owners of apartments/multifamily properties in select Portland sub-markets. With a consensus for a return to job growth in 2011, investors are starting to gear up.

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Foreclosure filings climbed in 75% of the nation's metro areas during the first half of 2010, according to a report issued Thursday.

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Modern America has long paired the "America Dream" with home ownership. The idea of staying put, paying property taxes and periodically mowing the lawn belonged to citizens who were somehow more American than the poor saps who could only afford to rent the place they called home.

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The number of Americans who own homes fell in the second quarter of the year to the lowest level since 1999, said a government survey released Tuesday.

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The number of homes that sold in Portland in the first half of July was significantly lower than the volume for the first half of June. Between 07/01 and 07/15 some 230 homes sold in the city of Portland, almost 100 less than during the same period a month ago.

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Spurred by a number of auctions and the end of the tax credit, Portland's condo sales volume rose dramatically in the second quarter of 2010. After a brief reprise, prices continue their downward slide as inventory settles in at 10 months.

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Delinquency among homeowners with large mortgages is becoming increasingly severe. Find out how this trend is affecting Portland's inventory of bank-owned luxury homes.

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For the first time in years there is a glimmer of hope in the condo market. After falling 20% nationwide and 60% or more in the hardest-hit areas, median condo prices remained flat nationally in the first quarter vs. a year earlier.

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Several dozen condos are scheduled for auction on July 18th at this waterfront development. Bidding starts at 50% off original price points.

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New home sales plummeted to a record low in May, the first month following the expiration of the homebuyer tax credit, snapping a two-month streak of increases.

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The federal government's new HAFA program is likely to speed short sales along in Portland. Find out which short sales are positioned to close faster.

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Almost half the homes for sale in Portland are vacant, creating downward pressure on pricing. Find out about last week's major price adjustments here.

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The latest homes sales for Portland, OR. Find out about overall market direction and individual home prices.

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Approximately 200 homes sold in Portland (city limits) over the last calender week, roughly in line with the previous week. In relative terms both Southeast and Northeast Portland recorded the largest share of sales, with 5% of the current inventory for these areas changing hands over the past week. Nineteen homes sold in N

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HUD is accepting bids on roughly a dozen homes within Portland's city limits. Bidding ends this weekend.

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Portland's real estate market initially appeared to be on a path towards recovery, but continues to face considerable foreclosure woes. Foreclosures now constitute a greater share of sales than they did a year ago.

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Price have been cut by about 6% on the last remaining units at this Portland waterfront condo development

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Agent503's pick for the top 5 urban Portland starter homes.

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Roughly 20 sellers are currently advertising their Portland listing as "motivated seller". Here's their product.

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