West Linn, Lake Oswego and Portland Real Estate

Since mass foreclosures started hitting the Portland real estate market around the time of the real estate downturn, many misconceptions about foreclosures have been floating around.  The myths and rumors were spread and many Portland real estate buyers tried to understand what was real . Many misconceptions have come and gone, we still encounter a few myths [...]

  Before buyers were able to use their own representation, all agents in the transaction represented the seller. Regardless of what broker the agent worked for, they were a sub-agent for the seller. So, even if you thought you were being represented you were not. Sort of like having one lawyer represent both parties in [...]

Are you a lurker?  Bench warmer? A Watcher?  Fence sitter? Are you a potential home buyer that watches the Lake Oswego real estate market and waits from the sidelines? Are you someone who does not want to contact an agent, won’t ask for more information or  go as far as request a showing? Are you [...]

In this buyers market, it is tougher than ever to sell a house.  Some owners who have West Linn homes for sale are turning to renting when their home is not selling.  Can doing so actually lose you money? Renting may seem like an easy fix but,  it may not be a long-term solution. Not everybody [...]

Below are two charts with more numbers from last months Portland real estate market update.  The first shows how each of the designated RMLS areas stacked up against each other.  They are listed from highest average sales price to lowest. Portland Real Estate Market Data for June 2011 June 2011 Last Month – May 2011 Last [...]

The area or neighborhood that your West Linn real estate  is in will dictate your selling price more than all the updates in the world. What you put into your home may not be what you can get out.  Your remodel project may say you should receive a certain return on investment percentage based on the [...]

An Updated Report for Portland Real Estate for Single Family Detached Homes for Sale from July 11, 2011 The median list price in Portland, OR this last week is holding at$285,000.  The per square foot asking price stays put at $147 per square foot.  48% of listings had a price decrease and 11% reset their [...]

The average sale price of Portland real estate for June 2011 rose 1.8% from the prior month of May 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 [...]