Growing families often outgrow the home that has served them well for years. Additional or older children create the need for more bedrooms, a bigger yard, or a more desirable school district location. Homeowners typically get the itch to sell, or move up, between 6-9 years of living in their current home. Whatever the reason,… [Read More]
Celebrating 10 Years of Helping You Buy. Sell. Be Happy!
Ten years ago, on March 15, 2007, Bella Casa Real Estate Group was born! In ten years, including 7 years of historic famine conditions in the real estate industry, we have gone from no brand, no one, and nothing to the top producer for Oregon’s famed wine region. We are thankful to our clients for your… [Read More]
Market Action Reports & Year-end Analysis
Wow, it has been raining a lot! We get asked by out of state clients about the rain here in Oregon and we tell them the truth. However, this year the weather is making us look like liars! The Portland metroplex in December and for 2015 achieved the highest volume of real estate sales on… [Read More]
March 2014 Market Action Report
This Market Action Report ends the first quarter of 2014 for the greater Portland metropolitan area. We are glad to have this behind us! There are some increases over last year and too many decreases under last year- but most of them were modest. This means that pundits can easily spin the data positively or negatively; expect… [Read More]
Buildable Lots & Land in Oregon, February 2014
Finally, Hope Has Arrived! The hardest hit category of real estate during the past 7 years has been buildable lots & land. This includes lots in town including full sub-divisions, and buildable acreage parcels. We have enumerated the reasons for this several times in past reports. In this report we want to look at the… [Read More]
Why Properties Don’t Sell
More than six years of a housing depression taught us to adjust, adapt, and learn new dynamics of selling in a declining market. This greatest of challenges has brought us back to the very fundamentals of our trade, selling real estate in the public marketplace. At the core, beneath all the novel ideas of marketing,… [Read More]
June 2013 Market Action Report
Friends, Clients, and this month in particular, our Sellers, This is the mid-year report- the end of the 2nd quarter and the heart of the most robust selling season of the year. It is time for a re-evaluation of the local marketplace so that adjustments can be made. First a summary and some notes based… [Read More]
Housing Market in Bloom
Housing Starts spiked by 7 percent in March to 1.036 million units on an annualized basis, well above the 930,000 expected. This was the largest rate since June 2008. In addition, Housing Starts were up a whopping 47 percent since the same period last year. Building Permits, a sign of future construction, did decline by… [Read More]
Spiking Activity in January
For the week ending 1/6/13, these charts show the spiking of activity which usually occurs in January as people make plans for the year. The numbers in Oregon and Washington rose significantly this week.
What is happening in the Real Estate Market?
After 5-6 months of positive Market Action Reports, a number of clients have been asking us why there haven’t been more showings on properties right now. We as real estate brokers keep our eye on many indicators to monitor market activity for you. The reports below show lockbox activity which gives us an idea of… [Read More]