Welcome to the PortlandMarketWatch.com Blog

2019-06-21 14:11:31
Market Update :: June 2019

Portland’s real estate market started showing some signs of life in the past few weeks. Inventory notched lower to 2.1 Months (from 2.2 last month) and median sales price jumped to $570,000 (although the trend still appears to be heading lower...) Other positive signals include increased volume. May, 2019 closings were up 5.9% from the same month last year - and up 23.2% from April, 2019. That is quite the surge of activity!

Low interest rates and a ceiling on prices may have caused some buyers to enter the market. While the bump in sales is good news for a market’s health – 44% of listed homes have currently undergone a price . That is rather unhealthy and up from just 33% of homes with price reductions a month ago. Inventory seems to be at a good equilibrium for buyers and sellers – but look for more downward pricing pressure in months to come
 
Blog Archive
2019-11-15 15:08:46
Market Update :: November 2019

2019-11-14 13:32:48
5 Steps to Finding Your Next Home

2019-09-17 12:13:38
Market Update :: September 2019

2019-09-16 17:45:20
National Snapshot: How's the Real Estate Market?

2019-08-15 16:37:39
Market Update :: August 2019

2019-08-15 16:25:03
Will Your Remodel Pay Off? The Best (and Worst) Ways to Spend Your Budget

2019-06-22 18:38:27
Serious About Selling?

2019-06-21 14:11:31
Market Update :: June 2019

2019-05-17 14:18:03
Market Update :: May 2019

2019-05-15 14:36:49
'Spark Joy' for Buyers

2019-04-17 12:15:09
10 Home Buying Myths

2019-04-16 15:11:29
Market Update :: April 2019

2019-03-15 15:11:26
Market Update :: March 2019

2019-03-14 12:27:21
7 Things To Avoid After Applying for a Mortgage!

2019-03-01 14:50:35
Market Update :: February 2019

2019-02-26 12:13:13
Design Trends for 2019

2019-01-15 12:11:43
Market Update :: January 2019

2019-01-14 10:31:24
January 2019 Report: What’s Ahead for Real Estate in 2019?

2018-12-05 12:08:14
Market Update :: December 2018

2018-12-04 16:40:04
‘Tis the Season: 5 Reasons Why Winter is a Great Time to Buy or Sell a Home

2018-11-06 11:54:46
Are You Covered? A Homeowner’s Insurance Guide

2018-11-06 10:41:43
Market Update :: November 2018

2018-10-17 13:40:46
'How's the Market'

2018-10-02 13:43:46
Market Update :: October 2018

2018-10-02 13:42:42
Market Update :: August 2018

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BrianSpear
(503) 515-9374
Spear@JMAProperties.com
Licensed Real Estate Brokers in the State of Oregon

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