What Makes Portland Better Than Other Big West Coast Cities?

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Portland real estate conditions are rather strange right now. Despite the fact that the market is on fire, there are still a lot of bargains to be found. Today, we address why this might be.

In Los Angeles, the average home sale price is $534,600; in San Diego, the average home sale price is $500,000; in San Francisco, the average price is $1 million; and in Seattle, the average is right around $478,000. In Portland, prices are much more affordable: the average home sale price is just below $300,000! If you're looking to live in a big city on the West Coast, Portland is still a bargain! 

As you probably know, we were ranked the third weirdest city in America, behind Austin and New Orleans, and we're proud of it! We're also the #1 relocation and pedestrian-friendly market in the country! What we have here is pretty rare: a vibrant and desirable environment where it's relatively inexpensive to live! 

If you plan on moving to the Portland area, however, there are some things you need to be aware of. For one, we only have 1.9 months of inventory; closer to the city center, we have only 1 month of inventory. In other words, we have an incredibly competitive market. 

If you're looking to sell, now would be a great time to get top dollar for your home, as we have a ton of demand and almost no available homes! If you are a buyer, you need to get creative: you or your agent should be knocking on doors! There are so few sellers out there you really have to hit the streets to find a desirable place to live! 

If you have any questions about our market, or if you need real estate assistance of any kind, don't hesitate to give us a call or shoot us an email. We would love to hear from you! 

What a Hot Portland Market Means for You

Buying a home? Click here to perform full home search
Selling a home? Click here for a FREE Home Price Evaluation 
Call me at (503) 594-0805 for a FREE home buying or selling consultation
The hot spring market is just around the corner, so there's no better time to talk about the inventory of available homes!

In Clark County there are 3.4 months of inventory, which is 2 months fewer than this time last year! This means we have more buyers than we do sellers, and the market is favorable for homeowners looking to get top dollar for their homes! 

April, May, and June are the absolute best times to list, so if you plan on selling in the near future, you need to start doing everything you can to get your home ready for the market! 

In the Portland Metro area, we are under 3 months of inventory! Some areas are as low as 1.2 months of inventory, which is about as low as it gets. With interest rates as low as they are, we're not expecting demand to diminish any time soon. That's why now is the IDEAL time to list your home!

Make sure your landscaping looks good, declutter the house, and fix all major issues if you want to get the best possible price for your home. Since you have no competition, if your home is in great condition, you can basically set your price!

If you're looking to buy, you must have your financing ready, make sure your offers are clean and tight, and ensure the home inspection period is short and sweet. Working with someone like myself who has a wealth of expertise will go a long way toward making the best of what the current market has to offer. 

If you have any questions, or would like real estate assistance of any kind, please give me a call or shoot me a quick email. I would love to help you in any way I can! 

You Won't Get Top Dollar for Your Portland Home if You Don't Start Preparing NOW!

There are many great Portland area homes for sale. Click here to perform full home search, or if you're thinking of selling your home,click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (503) 594-0805 for a FREE home buying or selling consultation to answer any of your real estate questions.
The spring real estate season will be here sooner than you know it - but is your home market-ready? Today, we share what you need to do in order to prepare for the biggest season of the year. 

1. PLAN! Preparing your home for sale can be a bit overwhelming. If you know you're going to be selling, now is the time to start preparing. Statistically, more and more homes will be put on the market beginning in March. If you can plan ahead and beat the rush, you'll be at a great advantage in the marketplace.
2. Landscaping: Outdoor projects yield the biggest return on investment when it comes to repairs and renovations. The grass needs to be green, the yard clean, and the sidewalks and driveways cleared. You want to have a lot of color in the landscaping as well! 
3. Declutter: Your taste and the taste of potential buyers are probably different. You want to keep it simple when selling, so clear the walls of personal items, and make sure all surfaces are free of knickknacks and reading materials. You want your home to feel as spacious as possible!
4. Simple touch ups: Fix dents in the walls, repaint areas that need it, and do other little things that will make your home look brand new. These fixes are usually cheap, but can make a huge difference.  
5. Beat the market! With rates as low as they are, and a general lack of inventory, beating the competition to the marketplace could help you sell your home quicker and for more money!

We hope you found these tips helpful. If you have any questions about the process, or would like assistance with selling your home this spring, don't hesitate to give us a call or shoot us an email. We would love to hear from you!