Today is the last post on this site. Please go to my new blog site.  The new URL is http://allaboutportlandoregonrealestate.com to continue reading my daily blog posts. I am getting “dinged” by the search engines for “duplicate” content being here and at my new ALL ABOUT…..Portland.Oregon.Rea

NOAA has put out a statement warning us that Portland real estate may be faced with Spring flooding. If you’ve been glued to the T.V. like I have watching Japan’s coverage, you can see how deadly and strong the force of water can be. March 14-18 is National Flood Safety Awareness Week - a timely [...]

Our RMLS™ market action report was issued late yesterday afternoon. Here is a link to the full report. Our inventory in our Portland real estate market has dropped, albeit slightly from January. Not surprising as we are coming off holidays, snow and bad weather. The report also indicates that sales are up this month above

We’re almost at the end of the first quarter and I’ve already fallen behind on reporting stats for neighborhoods in Lake Oswego. Recently, I posted the profile for the Lake Grove neighborhood of Lake Oswego. If you missed that, here’s the link. I wrote about the remodeling and expansion of the Lake Grove S

Happy St. Patrick’s Day – March 17! Everyone will be Irish in a few days and will be celebrating… For each petal on the shamrock This brings a wish your way Good health, good luck, and happiness For today and every day. LAKE OSWEGO Maher’s Pub, 352 B Ave., will host a St. Patrick’s Day [...]

Today is the last post on this site. Please go to my new blog site.  The new URL is http://allaboutportlandoregonrealestate.com to continue reading my daily blog posts. I am getting “dinged” by the search engines for “duplicate” content being here and at my new ALL ABOUT…..Portland.Oregon.Rea

Thinking of selling your Portland home soon?  It might be the time to start Spring cleaning, or maybe you’re just starting to think about it?  Below is a list of FREE toxic waste disposal events from March – June 2011 on Saturdays from 9 a.m. to 2 p.m. What to bring: batteries paints and stains [...]

We all know that the first-time buyers fueled our Portland real estate market last year.  But did they?  What do the stats show for our Portland real estate market as to what price ranges sold? Click here to view all Portland homes for sale. Well, all the economists and financial gurus are correct.  The first-time [...]

The Academy Awards From Portland On The Cheap come these recommendations for viewing the Academy Awards around Portland: SPOTLIGHT: PORTLAND ACADEMY AWARDS SHOW VIEWING PARTIES It’s time for the 83rd annual Academy Awards show and it looks like a battle between ‘The King’s Speech’ and ‘The Social Network.’ Tune

That dreaded cabin fever with the addition of a light dusting of snow yesterday! Each year I seem to get worse and want to get outdoors.  Soon Spring will be here, and I just can’t wait for all the plant sales. The recent Yard, Garden & Patio show recently energized me and I hope to [...]

With the uprisings happening around the world, there is talk that our gas prices could rise significantly. This evening I heard that gas is already at $4.00 a gallon in some places and that got me thinking. I’ve written many blog posts about our dependence on oil, energy and recycling. Now more than ever before, [...]

Portal. Bill Hoppe 1990 Bend, OR. This abstract work suggests imagery of mountains, trees and flights of birds. The 37′x16′ acrylic painting greets those who enter through the King lobby (sits above the Visitor’s Center) at our Oregon Convention Center. This work of art is also part of the Metro’s Pe

It should come as no surprise that due to our jump in inventory as noted in the January RMLS™ Market Action Report, there is no area in our metro Portland real estate market, that is either balanced or a sellers real estate market. All areas have high inventory levels and it is definitely still a [...]

There’s a new category here on my blog under Lake Oswego called Local LO events. I will be posting different events specific to Lake Oswego in that category from here on out.  It will take me a little time to convert other posts to that category as well. Here are local events in Lake Oswego [...]

Auction.com Foreclosure Sale There is a Portland real estate foreclosure auction today of 30 houses.  Auction.com announced that more than 30 bank-owned Oregon homes would go up for auction at the Doubletree Hotel in Northeast Portland. Aution.com CEO Jeff Frieden said that by auctioning the bank-owned homes, the sales cre

In a December 2010 post, I indicated prices for our Portland real estate market were at 2005 levels.  The annual charts from our RMLS™ have now been published showing the appreciation/depreciation for all of our areas from 1991-2010. Many of our areas in 2010 had average sale prices lower than 2005, however, Portland met

Although the numbers of foreclosures have recently dropped, the Mortgage Banker’s Association just stated that there are more than 5 million homeowners still at risk of going into foreclosure. If you’ve been following my blog posts, you know I’ve been reporting I haven’t been seeing the large number

Having written over 1200 posts about Portland real estate, it occurred to me I have never written about my own neighborhood of Westlake where I not only live but work and where my Re/Max office is located. Westlake sits at the northwest corner of Lake Oswego at the intersection of Kruse Way, I-5, Fosberg, and [...]

Neighborhood Profile:  First Addition First Addition neighborhood of Lake Oswego.  Click on this link to see properties for sale in First Addition. First Addition, or “New Town” as it was originally called, is the second oldest neighborhood in Lake Oswego. Very little development occurred in First Addition until the i

Each year, I’ve been reporting on who the top 50 builders in our Portland real estate market were.  Here are the last couple years: 2009 2008 Now comes the 2010 report for the top 20 builders in the Portland metro real estate market (Hat Tip Tom!): For a larger version of the above report plus [...]

Housing affordability throughout the U.S. as been at its highest level in decades.  A recent report indicated Housing Affordability rose to its highest level in at least 20 years in the fourth quarter of 2010, according to an index released by the National Association of Home Builders and Wells Fargo. The Housing Opportuni

Guest Author: Bob Chiodo, CFP Equity Home Mortgage, LLC Ofc 503.670.7393 Fax 503.670.7062 Cell 503.704.2807 www.ResCommLending.com Apply Here Estimated Rates for the week of February 14, 2011*: 30 yr fixed: 4.75 – 5.00 FHA/VA: 4.75 – 5.00 15 yr fixed: 4.25 – 4.50 OR VA: 4.375 w/1.375 pts. Jumbo (30 yr fixed): 4.999 �

You’ve heard it said here on my Portland real estate blog, in the media and by others that you need to be pre-approved before you even think of purchasing a home. I always tell my buyers that if you found the home of your dreams today you couldn’t buy it because you aren’t pre-approved. Nowadays, [...]

Haven’t had time to digest this, but ouch we jumped to 11.3 months of inventory! Here’s the complete report. More on the report in the next few days. © Copyright 2008-2011 Betty Jung. All Rights Reserved. ALL ABOUT…..Portland.Oregon.Real Estate. Use of this article, photos and images without permission is

Our RMLS™ stats for January 2011 weren’t published yesterday.  However, if they come on-line any time during the day today, I will post them here on my blog.  Keep a watch out for them! In a report to Congress about reforming our nation’s housing financing market, President Obama proposed that Freddie Mac an

Every significant or national holiday I struggle with what to write about. Knowing what you say on the Internet stays on the Internet forever, I tend to shy away from writing too much about me or personal issues. They say, however, writing a story makes for good blogging. So, today, I’d like to share a [...]

When selling Portland real estate, I am often asked by buyers how long a roof will last, how long will the 7-year old dishwasher continue to be in good condition, how soon will the garbage disposal need replacing, etc.? If you are thinking of buying a home this year, you most likely will have some [...]

SHADOW INVENTORY There’s still talk all over the internet about the shadow inventory. Currently, foreclosures and short sales combined represent 30% of our Portland real estate market and 70% of our Portland real estate are properties listed that are not distressed sales. However, Robert Shiller of S&P/Case Shille

Zillow recently posted their year-end plus January 2011 stats of values.  Comparing Portland real estate to the rest of the U.S., Portland’s real estate prices are considerably higher than the national average = Portland real estate $209,900 and the national average is $175,000 per the chart below: US Zillow Home Val

Our January RMLS™ stats won’t be published until February 14.  However, here are some early stats from Re/Max equity group for January: Pending Sales Soar, Fewer Homes on Market According to statistics from the Regional Multiple Listing Service (RMLS™), the number of homes with an accepted offer jumped more than