Tag Archives: Portland Real Estate
Rich Peralta

Portland Real Estate Weekly Market Report

An Updated Report for Single Family Detached Homes in Portland The median list price in Portland, OR this last week is holding at$259,900.  The per square foot asking price stays put at $143 per square foot.  47% of listings had a price decrease and 19% reset their DOM (Days On Market) by re-listing.  The average DOM was down [...] Read more

Rich Peralta

Options Available to Distressed Portland Real Estate Owners

In this down real estate market, loan modifications, short sales, feeds in lieu, foreclosures and bankruptcy are terms you here thrown out in news articles.   Many Portland real estate owners have had personal experience with the difficult real estate market, having been forced to make tough decisions about how best to deal with properties they [...] Read more

Rich Peralta

The Next Big Retirement Destination; Portland, Oregon?

Maybe retirees don’t need all the year round sunshine that other states may provide.   Portland has been named the country’s top bargain retirement spots.  There could be a boom in “Boomers” owning Portland real estate. According to U.S. News & World Report, Portland’s falling home prices helped drive the city to the top.  Since this article [...] Read more

Rich Peralta

Portland Real Estate Market Update – February 2011

The Portland real estate market showed an upswing in closed sales for February 2011 with levels up from both last February 2010 and last month, January 2011.  This was done even with fewer active and new listings on the market. The market continued to weaken as February 2011 sales data is released.  The average sale price in [...] Read more

Rich Peralta

Portland Real Estate Market Update – January 2011

Portland Real Estate Market Update for the first month of 2011. Portland real estate activity levels for January 2011 is as follows: 3,128 new listings, 1,489 pending sales, 11,697 homes actively marketed with over a 1,035 homes closed.  The amount of Portland real estate sales compared to Portland homes for sale it would take 11.3 months for [...] Read more

Rich Peralta

Price vs Cost of Portland Real Estate

Even if Portland Real Estate Prices Stay the Same, It Could Costs More to Wait. I see many Portland real estate buyers are standing on the sidelines waiting for home prices to hit rock bottom. They are afraid of getting in the game thinking that the prices will be lower next month.  They want to [...] Read more

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