Clients and Friends, It is time to declare the housing market in our area recovered (but perhaps never the same again?). Portland is white hot. We are doing quite well, and the recovery has finally reached all areas and property types in our geographic area. Summary of Recovery: Late July of 2007 ushered in the… [Read More]
Saying Goodbye to Mike Donnerberg
It was with sadness that we received word that our client, our friend, and fine local builder, Mike Donnerberg, passed away this weekend as a result of a very aggressive cancer. Mike contributed to our community exceptionally fine homes. His commitment to perfection drove his success and built his reputation. Above all, Mike was the… [Read More]
Market Action Report – January 2015
Clients and Friends, Last January we were wondering what was happening to our housing recovery. By the end of the first quarter we knew the housing market was in a major funk and the numbers were discouraging for us and our clients. We later learned that the phenomenon was national and limited to the first… [Read More]
Year-end recap – Market Action Report
Friends and Colleagues: The Market Action Reports of December 2014 cap a second successful year of real estate recovery (for Portland, a 3rd year). There is something good in these pages for everyone to celebrate. The market conditions in the best of these areas reflect the volume and pricing of the top of the market… [Read More]
November Market Action Report
Friends and Clients, First, we wish for you all the joys of this holiday season and rich blessings for the year to come. Many of us are in the thick of shopping and giving, decorating and creating, parties and fun, family and friend times, and feasting. Winter is just days away. It is a special… [Read More]
October 2014 Market Action Report – Finishing Out the Year with a Bang
Friends and Clients, 2014 began with silence, a lull in sales, and disappointing numbers. It looks like the year will end with a roar. The Portland metroplex is doing very well. The numbers for the urban areas of Portland have moderated but are still strong and consistent. These areas have already reached the peaks of… [Read More]
Clutter and Condition Do Affect Property Value
Accurately determining property value is the most critical task to getting your property sold. Of course the marketplace and location are major factors, but some factors are within your control to improve. De-clutter Less is always more! Remove unnecessary furniture to open-up walkways, creating a home that feels spacious and lighter. This is truly an… [Read More]
September Market Action Report: Anticipating a Good Winter Sales Cycle
Clients and Friends, 2014 had a rough start but is ending the year more consistent, dependable, and prosperous than 2013. Yamhill County sales volume of all property types is 5-9% improved over this same time last year. The average price locally is up 24% which does not mean individual properties are up that much, but… [Read More]
New Construction Homes Selling in Willamina
Pacific Hills Estates is a new home development in Willamina, Oregon. Recently, we have seen a surge in these beautiful homes selling – in the past 6 weeks, 1 home has sold and 4 homes are pending! Currently, all single-level homes are either sold or pending. There are 3 finished 2-story homes for sale, and… [Read More]
July Market Action Report
Friends and Clients, We are nearing the end of the seasonal spike in sales. August is always a slower month as everyone in Oregon seems to take their vacation in this very dependable month. September will also be slower as people return to normalcy and enter a very busy month with schools starting, a surge… [Read More]
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