Portland, Oregon

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July 19, 2011

Portland Real Estate – June 2011 Market Update

The average sale price of Portland real estate rose 1.8% from the prior month during June 2011.  The $4700 increase in average sale price ($262,400 to $267,100) is a welcome change.  The median sale price increased from $220,000 to $222,900 (1.3%). When comparing June 2011 to the same month the prior year (June 2010), the average sales price was down 7.8%.


Portland real estate continued its increase in the number of closings  for the second month in a row.  Closed sales increased from 1,742 to 1,958 (12.4%) while pending sales decreased from 2,167 to 2,001 (-7.7%).  New listings also went down from 3,338 to 3,143 (-5.8%).  When comparing June of 2011 to June of 2010, closed sales were down 2.7% and pending sales were up 23.7%, while new listings dropped 22.4%.At Junes 2011's rate of sales, the 11,817 active residential listings would last about 6 months.  That is the lowest it has been since 2007.

 

 

 

When comparing sales activity for April-June 2010 with the same period this year, the numbers were up and down. Closed sales decreased by 11.8% (6,191 v. 5,462). Pending sales went up by 2.3% (5,842 v. 5,978), and new listings fell 21.6%. the average sale price fell 6.1% ($282,300 v. $265,200), and the median sale price dropped 8.3% ($240,000 v. $220,000).

To see how last months data looked, click here.

 

Rich Peralta is a real estate professional in the Portland Metro Area, including Lake Oswego, Tualatin and  West Linn Real Estate.

He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com

Contact him  for more information on Portland,  Lake Oswego or West Linn Real Estate!

Originally posted on West Linn Real Estate.

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June 27, 2011

Portland Real Estate - May 2011 by RMLS Area

Here is more numbers from last months Portland real estate market update.  The first list shows how each of the designated RMLS areas stacked up against each other.  They are listed from highest average sales price to lowest.

Portland Metro Area Real Estate Market Data by RMLS Area

Area YTD Avg.
Sale Price
YTD Median
Sale Price
12-Mo. Change Total Mkt
Time*
Lake Oswego / West Linn $401,600 $355,000 -11.5% 147
West Portland & Downtown $385,500 $329,900 -0.7% 196
NW Washington County $345,500 $315,000 -1.5% 110
Tigard / Tualatin / Sherwood / Wilsonville $277,700 $258,900 -5.1% 137
Northeast Portland $271,100 $228,000 -0.9% 107
Milwaukie / Clackamas $237,700 $218,700 -8.6% 147
Oregon City / Canby $224,000 $209,900 -11.7% 178
North Portland $212,600 $205,000 -6.5% 108
Southeast Portland $207,200 $172,000 -5.3% 116
Beaverton / Aloha $204,800 $189,000 -6.5% 143
Hillsboro / Forest Grove $198,600 $183,800 -10.7% 148
Gresham / Troutdale $194,900 $171,000 -6.9% 172
Yamhill County $181,800 $165,000 -5.6% 140
Columbia County $164,100 $149,900 -11.3% 202

Portland Real Estate Market Data for May 2011

  May 2011 Last Month -
April 2011
Last Year -
May 2010
Median Sale Price $220,000 $219,900 $239,900
Average Sale Price $262,400 $267,300 $275,500
Closed Sales 1,742 1,611 2,050
Pending Sales 2,167 2,005 1,493
New Listings 3,348 3,099 3,482
Active Listings 11,825 11,621 14,372
Distress Sales 38% 37% 24%
Total Market Time * 145 days 153 days 123 days
Inventory (in months) 6.8 7.2 7.0

 

 

Rich Peralta is a real estate professional in the Portland Metro Area, including Lake Oswego, Tualatin and  West Linn Real Estate. He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com Contact him  for more information on Portland,  Lake Oswego or West Linn Real Estate! Originally posted on West Linn Real Estate.

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June 22, 2011

Portland Real Estate – May 2011 Market Update

The average sale price of Portland real estate for May 2011 showed a minor drop (1.8%) from the prior month.   The average sale price went down from $267,300 to $262,400 while median sale price increased from $219,900 to $220,000 (0.1%).  When comparing May 2011 to the same month the prior year, the average sales price was down 4.8%.

Portland real estate had an increase in the number of closings and pendings for May 2011.  Closed sales increased to 1,742 from 1,615 (8.1%) and pending sales also increased to 2,167 from 2,005 (8.1%) compared to the month before. New listings went up to 3,338 from 3,099  and increase of only 7.7%.  When comparing May 2011 to May 2010, closed sales were down 15% and new listings dropped 4.1%.  During the same period, pending sales  climbed by 45.1%. That could mean there will be a large number of closings in June 2011

 

 

At May 2011's rate of sales, the 11,825 active residential listings would last about 6.8 months.  That is the lowest it has been in 19 months.

 

 

Sales activity was still down when comparing January-May 2010 with the same period this year.  Every category was lower than the prior year.  Closed sales decreased by 9.3% (8,069 v. 7,321). Pending sales went down by 9.6% (9,792 v. 8,853), and new listings fell 26.4% (21,583 v. 15,878).Additionally, the average sale price fell 7.3% ($278,500 v. $258,300), and the median sale price dropped 9.1% ($239,900 v. $218,000).

To see how last months data looked, click here.

 

Rich Peralta is a real estate professional in the Portland Metro Area, including Lake Oswego, Tualatin and  West Linn Real Estate.

He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com

Contact him  for more information on Portland,  Lake Oswego or West Linn Real Estate!

Originally posted on West Linn Real Estate.

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May 26, 2011

Trying to Determine Your Price Range For Portland Real Estate?

Are you trying to figure out how much Portland home you can afford on your next real estate purchase?

 

I cannot stress this more but talk to a home loan specialist when you are thinking (even in the future) of buying Portland real estate.  While the home loan process is not rocket science, it is not as simple as your online mortgage estimation calculator either.  You might think you can get much more or much less than what you can actually afford.  You will not know until you talk with a mortgage professional.

Here is some general information on what helps figure out your Portland real estate purchase limit.  Lets keep this basic, your home buying power will ultimately depend on two things; how much you have available for the down payment & how much a financial institution will agree to lend you.

Down payment
An established homeowner might be able to rely on home equity they could have to put towards a down payment.  A first-time homebuyer will have to count on his or her savings as the principal resource for a down payment. If you don't have the savings, you should think twice, then think again before play any type of games with your credit cards, such as making a cash-advance to yourself for the amount needed for a down payment.  Your debt-to-income ratio might fall out of the good zone and the interest you pay on the credit card will probably be more than the interest you would pay for the home mortgage. 

The price you can afford to pay for a house may very well be limited by your ability to come up with the cash for the required down payment to obtain the loan, and the closing costs. With preparation and planning, setting aside funds earmarked specifically for a down payment on a regular basis will help you grow your down payment amount.

Mortgage
In addition to your down payment, the other major factor influencing how much you can afford to buy will be the loan amount. When you apply for a mortgage, the lender will consider several factors in determining the amount they are willing to loan you.  These include (among others);

  • current earnings
  • existing debt
  • credit history
  • debt-to-income ratio

Debt-to-income ratio guidelines
Your monthly costs (including mortgage payments, property taxes, homeowner's insurance, and any HOA, condo or co-op fees) should total no more than 28-percent of your monthly gross (before-tax) income.

Your monthly housing costs PLUS other long-term debts should total no more than 36-percent of your monthly gross income.

Lenders feel that if they follow these guidelines, homeowners might be better able to pay off their mortgages in a timely manner.  With these guidelines, lenders feel homeowners have a better chance of not falling into loan defaults and foreclosures.

Your (and coborrowers) debts and credit report will be considered in determining how much you can borrow.  Make sure your credit history is as good as it can get because what you can afford to borrow will determine how much home you can buy.

When you apply for a mortgage, the lender will use all the relevant data:

  • your income
  • your existing debt
  • the purchase price of the house
  • your down payment
  • the interest rate of the loan
  • cost of property taxes and insurance

Now please note that "qualifying" for a loan is not getting a loan. Qualifying is only the first step to getting "approved" for the loan. The qualification process determines how large a mortgage you are eligible for.  You can get pre-qualified for a loan without having a particular house in mind, and doing so will give you a better idea of what kind of home you can afford. Your loan application will be for the specific house you want to buy.

Bottom Line: All of the above are merely guidelines.  Every loan and every applicant will differ.  That is why everyone needs to speak with a lender first rather than try to figure it out themselves.  People who trying to “run their own numbers”  will add or subtract things that are wrong or important.   Talk with a professional to know where you can start searching.

I have some good Portland lending contacts when you want to start the process.

 

 

Rich Peralta is a real estate professional in the Portland Metro Area, including Lake Oswego, Tualatin and  West LinnReal Estate.

He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com

Contact him  for more information on Portland,  Lake Oswego or
West Linn Real Estate!

Originally posted on West Linn Real Estate.

 

 

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May 23, 2011

Portland Real Estate RMLS Area Comparison For April 2011

Stacking each each of the designated RMLS areas up against each other(from the April 2011 Portland Real Estate Market Update), you can see that Lake Oswego / West Linn may have the highest average sales price but they also have the largest drop in 12 month change in value.

Portland Metro Area Real Estate Market Data by RMLS Area

Area YTD Avg.
Sale Price
YTD Median
Sale Price
12-Mo. Change Total Time
on Market
Lake Oswego / West Linn $399,400 $350,000 -12.7% 198
West Portland & Downtown $388,100 $332,800 -1.5% 156
NW Washington County $342,900 $308,900 -1.8% 123
Tigard / Tualatin / Sherwood / Wilsonville $274,400 $253,000 -5.5% 167
Northeast Portland $266,900 $218,500 -0.3% 160
Milwaukie / Clackamas $240,000 $218,900 -7.6% 179
Oregon City / Canby $218,500 $205,100 -10.6% 183
North Portland $207,700 $195,600 -5.6% 143
Southeast Portland $206,200 $170,900 -4.0% 129
Beaverton / Aloha $205,300 $188,000 -6.2% 151
Hillsboro / Forest Grove $199,600 $184,500 -11.0% 125
Gresham / Troutdale $198,200 $172,500 -5.9% 127
Yamhill County $178,800 $165,000 -6.2% 155
         

Portland Real Estate Market Data for April 2011

  April 2011 Last Month -
March 2011
Last Year -
April 2010
Median Sale Price $219,900 $215,000 $240,000
Average Sale Price $267,300 $261,100 $282,100
Closed Sales 1,611 1,615 1,941
Pending Sales 2,005 2,012 2,991
New Listings 3,099 3,056 4,713
Active Listings 11,621 11,458 14,182
Distress Sales      
37% 42% 31%
Total Time on Market 153 days 161 days 127 days
Inventory (in months) 7.2 7.1 7.3

 

 

Rich Peralta is a real estate professional in the Portland Metro Area, including Lake Oswego, Tualatin and  West Linn Real Estate.

He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com

Contact him  for more information on Portland,  Lake Oswego or West Linn Real Estate!

Originally posted on West Linn Real Estate.

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May 19, 2011

Dual Agency vs Buyers Agents

How using the agent who is listing the house you want to buy can cause a conflict of interest.  Here are a few reasons why using a Portland Buyers Agent will help you get on equal ground with the seller.

When you work with a real estate agent to help you find a home, you either hire a  buyer’s agent, one who works for you not the seller or a dual agent. You have a dual agent if your real estate agent is both representing you as a buyer and the seller of the home you want to buy. This is usually is a conflict of interest even though it is legal here in Oregon.

When you use a buyers agent you eliminate the dual agency.  This also ensures you have someone who is working only for you and not the seller.  Click here to read a post about myths in using a buyers agent.

Now, imagine a realtor working with a seller for quite some time.   The listing agent has invested quite a bit of time and money to get the sellers to list their home with that agent.   Numerous meetings with the seller, emails and phone conversations, essentially forming an important relationship with the seller.  That listing agent has promised that seller the highest possible price, and in fact the agent owes his client a legal and fiduciary duty to the sellers during the entire course of the real estate sale.

Now imagine the same agent begins working with a buyer.  They want to use this same Realtor to purchase their Portland real estate.  The buyer likes that same house the agent is listing for the seller mentioned above.  Now that agent has a legal and fiduciary duty to get his new buyer the lowest possible price and represent them in the transaction.

Here is something to think about, who will the agent fight for the most?  Is this agent going to try and get the lowest price and best terms for the new buyers?  Or will he be looking out for the sellers best interest, who hired him in the first place?   Could there be any conflict of interest?

Here are a few points to why using a buyers agent to represent you in a home purchase will help you avoid that conflict of interest. Making contact and "hiring" a buyers agent from the start of your home search can benefit you when you close your deal.

1.  You have an agent who represents only your interests without a conflict with the seller.   If you hire an agent to represent you as your buyer’s agent, you eliminate those conflicts that can work against your best interests.

2.  You can find and hire a buyer’s agent who has the experience and professional abilities you need as you get ready to spend hundreds of thousands of dollars. The best part is that you as a buyer do not pay for their services. The listing agent is the one who pays the buyers agent who bring in a buyer.  In dual agency, the buyer agent commission (also known as BAC) would be kept by the listing agent essentially doubling his commission.

3.  A buyer’s agent has a focused interest in protecting you, and that means using all of their resources, knowledge and experience to help you find the best home, negotiate the best price, handle all contingencies appropriately, protect you from legal liabilities and contract ambiguities, and in being your transaction coordinator until the close of the sale.

4.  Because your buyer’s agent does not have a legal or fiduciary duty to protect the seller, he can negotiate the price and terms entirely with your interest and preferences in mind.

5.    If your buyers agent is not trying to represent the seller, they will be in it for you and you alone.  Since they don't represent the seller, there is no dual agency and no conflict of interest from dual agency.

6.  A Portland real estate buyer’s agent has a desire to help you do your due diligence on the home you wish to purchase to help avoid problem areas that may not be completely pointed out to you by the  agent representing the sellers.

A  professional buyer’s agent will help you find the ideal home without biases, provide you information to help you make and informed decisions about location, help you negotiate the best possible price and terms, and guide you through the transaction in its entirety all the way to closing.

 

 

Rich Peralta is a real estate professional in the Portland Metro Area, including Lake Oswego, Tualatin and  West Linn Real Estate.

He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com

Contact him  for more information on Portland,  Lake Oswego or West Linn Real Estate!

 

Originally posted on West Linn Real Estate.

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May 16, 2011

Portland Real Estate - April 2011 Market Update

When looking at the April 2011 numbers for Portland real estate transactions, the average sale price has increased 2.4%.   The average sale price went up from $261,100 to $267,300 while the median sale price also increased from $215,000 to $219,900.  When you compare the same month of the prior year, the average sales price was down 5.2%.

 

While February to March 2011 had a large jump in the number of closed sales, the numbers were pretty stable looking month over month.  Closed sales dipped from 1,615 to 1,611 (-0.3%) and pending sales also decreased from 2,014 to 2,005 (-0.5%) for April 2011 compared to the month before. New listings went up from 3,056 to 3,099  and increase of only 1.4%.

 

 

Sales activity was down when comparing January-April 2010 with the same period in 2011.  Closed sales decreased to 5,513 down from 5,900.  A 19.7% drop in pending sales (8,476 v. 6,806) was large amount.   A larger number of new listings fell to 12,378 from 17,918 (30.9% ).  In addition to those figures, the average sale price fell 8.1% ($279,700 v. $257,000), with the median sale price dropped 10.4% ($239,900 v. $215,000).
 

With the 11,621 active residential listings for the month of April 2011, it would take about 7.2 months to clear these homes from the market.

 

To see how last months data looked, click here.

 

 

Rich Peralta is a real estate professional in the Portland Metro Area, including Lake Oswego, Tualatin and  West Linn Real Estate.

He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com

Contact him  for more information on Portland,  Lake Oswego or West Linn Real Estate!

Originally posted on West Linn Real Estate.

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May 12, 2011

How To Prepare To Purchase Portland Real Estate

These days many potential home buyers ask how to best prepare for a home purchase in the next year or two. There are many other ways to prepare but I am just going to touch on a couple of general topics.

 

How much do you need for a down payment?

If possible, 20% of the purchase price is a good down payment. Anything less than will usually give way to Mortgage Insurance which can equal hundreds of dollars a month on your mortgage payment. Absolutely none of the mortgage insurance premium will go to the principle balance of your loan. If you can save a 20% down payment, you should be able to avoid mortgage insurance altogether.  Your payment goes down because you don't have to pay mortgage insurance, but also because you are financing less.   Not having to get mortgage insurance will significantly lower your monthly payment. While it could allow you to qualify for more home, you have to take into account that, if you raise up the cost of the home, you will need also need to bump up your down payment.

To many people, 20% would be out of reach in the time to purchase a home. If one cannot save the 20% as a down payment, try to shoot for 5-10%. While the minimum amount required for common financing is 3.5%, anything less than 20%, you will likely have mortgage insurance up-front, monthly, or even both.

In addition to mortgage insurance you will also have some additional expenses beyond the down payment. These expenses are referred to as "closing costs" and can include such things as loan fees, appraisal, pre-paid property taxes and homeowner's insurance, title insurance, etc.
Down payment recommendations: 20% or more if possible, 5-10% minimum.

 
What to do before the house hunting starts?

Before you take off running in search of your new home, one of the first things to do is save up for the down payment. Then save a little more.  It is also very important to continue paying any bills on time. They can be car loans, student loans, personal loans, credit cards, cell phone bills even utility bills. Keeping your credit score as high as possible will allow you to qualify for the best interest rate available. High credit scores will make it easier for you to qualify for financing than someone with poorer credit.  I have

Deciding that buying makes more sense than renting.  I know this sounds like a dumb statement for a post about preparation for a real estate purchase but stick with me.  Are you ready to settle down, take root and make one of the many Portland  neighborhoods your home for  5-10+ years?  If you know you will not be in the area for at least a few years, continuing to rent and to save for a future purchase may make more sense.  Especially if you don't have the 20% down.
 
Talk with a Buyers Agent 

Even though your neighbor's cousin's roommates hair dressers bought a house through the listing agent, you might want to avoid contacting the listing agents directly. Listing agents are not working for the Buyer or truly representing them in a transaction. A listing agents job is to sell the homes they have listed which is why the sellers have hired them.  They are looking out for the sellers best interest. Their fiduciary responsibility is to the seller.

Side note:  The listing agent is the one who pays the buyers agent for bringing in the buyer.  Not the buyer nor the seller.  The seller and listing agent have already worked out the commission or flat fee to be earned by the sale of real estate.  That commission will be paid to the listing agent when the home sells.  If there is a buyers agent working with the buyer, the listing agent then pays the buyers agent.  If there is no buyers agent, the listing agent takes the entire percentage or flat fee.

In the state of Oregon, real estate agents do a co-broker agreement where the listing agents split their commissions with buyer agents who help to bring buyers to their property’s.
Since sellers usually have professional representation (there are for sale by owners but you will severely limit the number of available homes by only searching out these), why shouldn't buyers too?  Using a Portland buyers agent can level the playing field and possibly even to give them an advantage in negotiations. Would you want to represent yourself in a court of law without a lawyer?  Especially when the other attorney is willing to pay for your lawyer?

A buyer's agent can give you information on market trends, home values, help you with loan shopping, etc. The job of a buyers agent is not to "sell" you any particular home.  Their fiduciary responsibility is to you the buyer (not the seller) by making sure the you are protected and aware of all your options as you try and buy the best home you can at a price and terms most favorable to youWhen do we start getting serious?

 

The time to start getting serious is when you are about 90 days from wanting to be in your new home. Getting your pre-approval for your financing is the first priority.  That will give you a solid idea of what how much Portland real estate you can afford and will give us a target to search within.  Once we get that info, we can set up showings of available properties.  Take a look at the buyers guide I put together (click here) to get a better idea of the entire process.

Doing some preliminary research prior to the 3 month mark is great.  You will want to have a professional to help you with your searching, financing and other preparations when you are ready to pull the trigger..

If you have any additional questions on Portland real estate, please don't hesitate to call, text or email me.

  

 

Rich Peralta is a real estate professional in the Portland Metro Area, including Lake Oswego, Tualatin and  West Linn Real Estate.

He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com

Contact him  for more information on Portland,  Lake Oswego or West Linn Real Estate!

Also posted on West Linn Real Estate.

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May 4, 2011

Remodeled vs Updated; The Battle For Portland Real Estate Supremacy

What term best describes your Portland real estate, Remodeled or Updated?

 Updated Kitchen

These days, it seem just about every home for sale has been remodeled.  When looking through the descriptions and highlights of a home you might see something like this;

To the Studs Remodeled Kitchen!
Come see the remodeled bathroom!
Kitchen has been completely remodeled!
Remodeled master bath is a show piece!

Last time I checked, adding new granite (tile nonetheless) countertops in a kitchen or bath does not make it remodeled. Putting new paint on the wall or knobs on existing cabinets doesn't either.   Or does it?  I would think I would call it updated.    That leads me to the next question, what does remodeled really mean?

Taking a look at dictionary.com to get their definition I got this;
1. to model  again.  2. to reconstruct; make over.

While the free dictionary says;
1. to change or alter the structure, style, or form of (something)

 

And Merriam-Webster states;
to alter the structure of  or remake

Looking up the definition of update
to bring up to date
to restore strength and animation to  or revive

From the definitions above, one could deduce that adding granite tile countertops, wall paint and knobs on existing cabinets to a kitchen would be an update (brining up to date, freshening up) and not remodel.  Or since it is a make over and the style and structure has been altered it could be considered a remodel.

Two words that many people think mean the same thing.  Except they don't and one word seems to hold more power than the other.  Most people would rather have a remodeled kitchen instead of just an updated one.  Especially if said kitchen is merely updated and not remodeled.  It seems that even renovated(to restore to a former better state  by cleaning, repairing, or rebuilding) has a better ring to it than updated.

Remodeled vs Updated
I prefer to think of these two in the terms below.  I do take into account what the original looked like but I think this holds true.

Remodel

If you home improvement was more than a face-lift, you probably went through a remodel.  A remodel can include tearing out cabinets, knocking down walls, re-positioning where appliances go and adding wiring or plumbing for new fixtures.  If any of the below issues were your reasoning for taking on the home improvement project, it was probably a remodel.

- inefficient or awkward placement of cabinets
- appliances or architectural elements impede functionality
- reallocate space within the room
- fix some wiring, plumbing or other structural issues

Update

If the size and structural layout of the home did not need to be changed and the main issues with the room are aesthetic or cosmetic, you probably just updated.  The home’s infrastructure, such as the plumbing/electrical was still in good enough shape and functioning properly as well as the  flow and layout was not disturbed during the construction.

Of course this is just my opinion and the majority of listings will continue to say they have a remodeled (fill in the blank) room when really it was just updated.  But maybe the bigger question might be, will having remodeled vs updated in your Portland real estate listing description, get you a  higher priced sale?

The picture above was from my listing of my personal home that I marketed as an updated kitchen.

 

Rich Peralta is a real estate professional in the Portland Metro Area,  including Lake Oswego and  West Linn Real Estate.

He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com

Contact him  for more information on Portland,  Lake Oswego or West Linn Real Estate!

 

Originally posted on West Linn Real Estate.

 

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April 26, 2011

The Bridges of Portland, OR

Portland Metro Area Bridges

Portland metro area has 13 bridges that span the Willamette River and 2 that cross the Columbia River. While Portland's bridges have become cultural and architectural landmarks in city they do provide necessary river crossings for the city’s numerous commuters. From the Freemont Bridge south to the the Ross Island bridge, there are 8 bridges that are separated by less than 4 river miles.

Below is a list of the major Portland bridges in the metro area and the year they were opened.

Willamette River Bridges - From North to South

 

St. Johns Bridge (1931) - Connecting Hwy 30 to N Philadelphia Rd
Fremont Bridge (1973) - Interstate 405
Broadway Bridge (1913)
Steel Bridge (1912) -
  • Vehicles and light rail on upper deck;
  • railroad, pedestrians and bicycles on lower deck.
Burnside Bridge (1926)
Morrison Bridge (1958)
Hawthorne Bridge (1910)
Marquam Bridge (1966) - Interstate 5 in Portland
Ross Island Bridge (1926) - US 26/Powell Blvd
Sellwood Bridge (1925) - Southern most vehicle (non train) crossing in Portland proper
Oregon City Bridge (1922) - Connecting West Linn and Oregon City
Abernathy Bridge (1970) - Connecting West Linn and Oregon City via Interstate 205

Boone Bridge (1954) Interstate 5 in Wilsonville

Columbia River Bridges - From East to West
Interstate Bridge (1917-1918) - Connecting Portland to Vancouver, WA via Interstate 5

Glenn Jackson Memorial Bridge (1982) -  Connecting NE Portland to SW Vancouver, WA via Interstate 205

While the Steel Bridge is my personal favorite, all of them are unique and special in their own way.  Portland would not be the same without them.  In addition, the nickname Bridgetown really wouldn't make sense if we didn't have them all.

 

 

Rich Peralta is a real estate professional in the Portland Metro Area,  Lake Oswego and  West Linn Real Estate.

He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com

Contact him  for more information on PortlandLake Oswego & West Linn Real Estate!

Originally posted on West Linn Real Estate.

 

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