Despite what you might have heard, the Portland real estate market is hot, hot, hot. Hot as in the "Best March Since 2007" hot! Why is the market so on fire? Put simply, low, low inventory means that the houses that are on the market are really moving. While Portland is seeing incredibly low inventory levels, the sales figures are all going in the right direction. As shown by the low average days on market figure, houses are selling fast. We're seeing multiple offers, bidding wars, and listings selling for well over asking price. All the stats and figures show that this should be an incredibly active spring and summer in the local real estate world.
For more information or to see if it's the right time to sell your house, give me a call or shoot me an email.
Just a few pictures representing the Tiny House Movement, an offshoot of the green architecture movement. The stained glass house comes courtesy of Tom Fruin, an artist, free thinker, and purveyor or whimsy and magic. The way Tom is able to meld art and architecture to create this amazing play on light and color is truly magical.
The "One-Square Meter House" won a number of prestigious awards and shows how much utility …
Finally. For the first time in quite awhile most economic indicators are pointing to an improvement in the housing market. While interest rates remain low, sales prices are beginning to inch upwards while the numbers of homes sold are also moving up. This is really good news! As we all know, real estate is one of the economy's driving engines, so when the real estate market improves it's generally a good thing for the …
The FHFA, the Federal Housing Finance Agency if you're nasty, has issued new guidelines requiring servicers of Fanny Mae and Freddie Mac loans to greatly speed their responses to short sale requests. Everyone's heard the short sale horror stories where a buyer had to wait a year or more to close on a short sale. Realtors and industry insiders have their own war stories about the inability to get so much as a written respon…
1) The act of changing something, a service or product, into a big box store version (ie. Costco, Best Buy, etc.)
2) The act of offering something, a service or product, for mass consumption while removing important levels of service, personal relationships, personal ownership and accountability.
Alright, you caught me. I created the term "Big Boxification", but don't you think it's fi…