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Buyers Agents in Portland Real Estate Transactions

  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 [...]

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Listing with a Portland Realtor vs For Sale By Owner (FSBO)

Listing with a Portland Realtor vs For Sale By Owner (FSBO)

Listing with a Portland Realtor vs For Sale By Owner (FSBO) Lets take a look at trying sell your home as a For Sale By Owner (aka FSBO) vs. hiring a professional Portland Real Estate broker to get your home sold.  While there are some deals that have gone smoothly without the services of a professional Realtor, your [...]

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Portland Real Estate by RMLS Area – January 2012

Portland Real Estate by RMLS Area – January 2012

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 Metro Area Real Estate Market Data by RMLS Area Area YTD Avg. Sale Price YTD [...]

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Portland Real Estate Market Update February 2012 Percentage change

Portland Real Estate Market Update – February 2012

The average sale price of Portland real estate for February 2012 rose 2.4% from the prior month of January 2012.   That is a $6000 increase in average sale price ($249,100 to $255,100).  When comparing February 2012 to the same month the prior year (February 2011), the average sales price were also up 4.3%. Portland [...]

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Portland Real Estate Market Update – December 2011

The average sale price of Portland real estate for December 2011 rose 0.5% from the prior month of November 2011.   That is a $1200 increase in average sale price ($259,400 v. $260,800).  When comparing December 2011 to the same month the prior year (December 2010), the average sales price were down 6.2%. Portland real [...]

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Portland real estate October 2011 12-month sale percent change

Portland Real Estate Market Update – October 2011

The average sale price of Portland real estate for Ocotber 2011 fell 3.5% from the prior month of September 2011.   The $9500 decrease in average sale price ($268,200 to $257,800) is typical for this time of year.  Portland real estate sales will start to slow in October and remain slow until at least February. [...]

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