Portland Real Estate Update |
|
|
|
|
One of Portland's Top Real Estate Sales Teams Since 1988 |
|
|
|
Portland Market as of September 1st, 2022 |
|
|
|
The latest numbers are out for the MLS report for the Portland, Oregon metropolitan area ending end of August, 2022. (Click on the image on the right to see the entire seven page PDF). The information shows a continued increase in home and condo prices in the Portland area - but slowing down significantly - with the "inventory in months" moving to 1.8 months. However, interest rates have snuck up on us again and are now running in the low to mid 6% range. This has slowed things down even more which is not reflected in this document as it's through the end of August, 2022. The average sales price for the metro area is now at $619,200, up 8.6% when compared to the same month in 2021 but down slightly from last month. The median sales price up 8.9% at $550,000 during the same period.
|
|
|
|
Where You May Recover The Most in a Remodel |
|
|
|
I get the calls almost daily, and I'm glad to field them. "Rob, we are thinking about remodeling the (add your project here) and are wondering if its a good investment". Well, first it doesn't always need to be a good investment if it fits your lifestyle like adding a new kitchen, then do it! However this chart talks about things such as siding, roof, garage doors, and refinishing hardwood floors. You can see some of these have a very good return! |
|
|
|
Our Fall Home SELLERS Guide is Out! |
|
|
|
Are you thinking of selling your home this winter? We just published our fall edition of the home sellers guide packed with loads of information. Some of the information we cover are experts opinions on the market for sellers, the growing housing supply, why your record equity gains can power this move for you, what you need to know about a recession when it comes to real estate and much more!
Click on the image to download the entire 24 page PDF document.
|
|
|
|
Welcome Pat Weiss to our team! |
|
|
|
Recently Caity and I have had the honor of having long time Realtor Pat Weiss be a part our team. Pat and I have been friends for many years and have sold many of our listings together as we work the same marketplace. Pat recently purchased a home in Bend, Oregon and wants to spend more time there, plus do more of her world travelling and as a result we have been assisting Pat with her clients. Pat and I have similar backgrounds having both lived in Saskatchewan and Alberta as kids. Pat is a veteran Realtor, having been active full-time in Portland for more than 40 years. She has seen it all and can lend some sorely needed perspective to the market that we are seeing. Pat has a varied background. Her BS in Biology (magna cum laude) from Santa Clara University profiles her scientific bent and attention to detail, but with a minor in art history and its emphasis on design and attention to history. Pat grew up in Canada, having lived in Alberta and Saskatchewan. She has the no-nonsense mid-West Canadian sensibility that is so helpful in a crazy market. She is available for consultations and handholding. Pat enjoys traveling, skiing and visiting with her wide-ranging family both in the US and Canada. We look forward to helping Pat's many clients into our fold and taking care of their real estate needs in the future. Welcome Pat!
|
|
|
|
Search ALL Portland Area Homes |
Click on the link below, or the image to search the Portland area MLS for all single family, condo, or multi-family homes in the Portland metro area. The site also includes some pre-defined common searches on the right side, and also always shows the most recent 20 listed properties in the metro area. Be sure to SAVE your search, that way you will always be notified of any new matches as they happen. www.allarealistings.com/
|
|
|
|
|
Search Palm Springs Area Homes |
As many of you know, Rob Levy is also licensed in California with Keller Williams Realty and sells investment and vacation homes to many of his Portland area clients. You can check out all the homes and condos in the Coachella valley cities of Palm Springs, Cathedral City, Rancho Mirage, Palm Desert, Indian Wells, La Quinta, Bermuda Dunes, Sun City and Indio by clicking on the link below or the picture. www.AllDesertListings.com
|
|
|
|
|
Thanks for checking out this newsletter, and for supporting our real estate team for all these years. We are always available for you. ROB LEVY, CAITY ABOUAF and PAT WEISS
|
|
|
|
Give Us a Call
(503) 906-1444
|
|
|
|
|
Now More Than Ever, Experience Matters |
|
|
|
The Rob Levy Team, Rob Levy Principal Broker and Caity Abouaf, Broker
Keller Williams Realty Professionals / Main Office (503) 546-9955
|
|
|
|
|
|
