Market Conditions in Portland : Advice

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Maria Morton, Real Estate Pro in 64113
Maria Morton answered:
What effect does zoning have on adjacent property values?
It is doubtful that the sellers will consider "discounting" the house just because the lot cannot be divided. You say that it is a residential property in a residential neighborhood wit ... more
0 votes Share Flag Wed Apr 30, 2014 Market Conditions in Hillsdale
Robyn Kimura…, Real Estate Pro in Seattle, WA
Robyn Kimura Hsu answered:
Is the South Waterfront area a risky investment? I heard there are many units that need to be sold but aren't
Are you looking for an investment or a home? If you're looking to purchase a place that you are going to be living in for a few years (at least), then now might be a good time to buy, ... more
0 votes Share Flag Thu Jul 24, 2008 Market Conditions in 97239
Dirk Knudsen, Real Estate Pro in 97124
Dirk Knudsen answered:
For quite a while there was a steady stream of Californians moving to Portland, OR for the simple reason that
Aaron...

You should know that a study was done by PSU and they found that 34% of the purchasers in the past housing boom were from California. They are out of the market and thos et ... more
0 votes Share Flag Tue Jun 17, 2008 Market Conditions in Portland, OR
Dirk Knudsen, Real Estate Pro in 97124
Dirk Knudsen answered:
Do you think the Pinnacle Condos in the Pearl will convert to apartments?
This is a good questions and the answer may be hard to know.

If the sales are not sufficient or if the ownership is in difficulty than the answer is likely yes. They appear to be al ... more
0 votes Share Flag Mon Jun 2, 2008 Market Conditions in Portland, OR
Ramon, Both Buyer and Seller in Portland, OR
Ramon answered:
Portland real estate prices have dropped 9% from their June 2007 peak. Is now a good time to buy?
I'd wait until we hit at least a 20-30% decline in prices before buying.
0 votes Share Flag Mon Jul 14, 2008 Market Conditions in 97214
Dirk Knudsen, Real Estate Pro in 97124
Dirk Knudsen answered:
What significant imacts would the development of affordable units have on the Pear District community?
There will never be affordable housing in the Pearl. Portland looks all politically correct on the surface but the Pearl fetaured the "rich getting richer" and tons of tax breaks to bo ... more
0 votes Share Flag Mon Jan 7, 2013 Market Conditions in Pearl
Brian Ramsay, Real Estate Pro in 97209
Brian Ramsay answered:
where do i find how long a house was on the market before it was sold?
You're Real Estate agent has that information available on the MLS.

Best of Luck,
Brian Ramsay
Realty Trust Group Inc,
Principal Broker
0 votes Share Flag Wed Jun 18, 2008 Market Conditions in Portland, OR
Brian Ramsay, Real Estate Pro in 97209
Brian Ramsay answered:
What new amenities, in the near future, will make the Pearl District an undeniable place to live?
Hi Jules,

The Pearl District already a pretty great urban environment, but just as you thought it couldn't get better...

The Deschutes Brewery opened last week and seems to be t ... more
0 votes Share Flag Wed May 21, 2008 Market Conditions in Pearl, Portland, OR
Shelly Caste…, Real Estate Pro in Portland, OR
Shelly Casteel answered:
I heard that the Portland OR area is just now feeling the burst of the bubble. What do you think of this?
According to March '08's Market Action report, Portland is still seeing appreciation. I personally am selling my listings within a month of them being placed active on the market. I ten ... more
0 votes Share Flag Fri Jun 27, 2008 Market Conditions in Portland, OR
Chris Aldrid…, Real Estate Pro in Portland, OR
Chris Aldridge answered:
Is the price / sq ft data from the heatmaps calculated based on the inflated Realtor estimates of house size,?
"Realtors like to inflate the square footage...?" Hmmmm... we do? Actually, depending upon which city and county the property is located in, you will usually find that 10-30% of the ... more
0 votes Share Flag Mon Jun 2, 2008 Market Conditions in Portland, OR
Kelley, Home Seller in Hillsboro, OR
Kelley answered:
looking to rent a house that has 3-4 bdrm & 2 bath in sw portland, or area
Hi there,

I plan on selling my home in Hillsboro (a 3 bedroom 2 1/2 bath 2005 home with lots of upgrades and a great view of Jackson Bottom Wetlands) but also considering renting. I ... more
0 votes Share Flag Thu Apr 3, 2008 Market Conditions in Portland, OR
Dirk Knudsen, Real Estate Pro in 97124
Dirk Knudsen answered:
Which area has the least financial risk to buy and then rent out? I want to buy a house in Portland, Oregon
OK.


Great question. Here is your answer. Follow the Jobs! Pick a low crime area where there are good schools and hardly any new homes being built. That is the key.

For my ... more
0 votes Share Flag Mon May 5, 2008 Market Conditions in Portland, OR
Chris Courtn…, Real Estate Pro in Eugene, OR
Chris Courtney answered:
In Portland, Oregon: which is more likely to Appreciate better...
Hi Julie, well...this is a tough and good question. I vote for the garage for better resale...but you have too consider each neighborhood has a different appeal factor such that land ... more
0 votes Share Flag Tue Oct 6, 2009 Market Conditions in Roseway
Elisha Joyce, Real Estate Pro in Portland, OR
Elisha Joyce answered:
Is now an okay time to sell my home and buy?
Hey Chris - I love how you think! YES - I agree with you. Even though you may not get top dollar on your sale (I say may because price depends on many factors), the fact this is a buyer ... more
0 votes Share Flag Mon Mar 3, 2008 Market Conditions in Portland, OR
Gail Hiebert, Real Estate Pro in KCMO
Gail Hiebert answered:
What as been your best return on investment for promoting your business as a real estate broker?
Hello Darin. On the West Coast, where a worked for years as a realtor, my best investment was in a specific website developed and prepared by a company called Consultnet. This was a ... more
0 votes Share Flag Fri Dec 7, 2007 Market Conditions in Portland, OR
Ian Cockburn,…, Real Estate Pro in New Orleans, LA
Ian Cockburn, Broker answered:
subdividing large rental house into 2 or 3 apartments
1) See a real estate attorney that has done such transactions
2) Check what are the local code requirements
0 votes Share Flag Thu Dec 6, 2007 Market Conditions in Portland, OR
Julie, Both Buyer and Seller in 97220
Julie answered:
Where are cheap rentals in inner Portland, OR?
$300-375 is a reasonable range for house-sharing.

I suggest you consider a house or Condo-sharing arrangement.

Search offerings at CraigsList (& teh Portland Roommate Referral Se ... more
0 votes Share Flag Thu Dec 6, 2007 Market Conditions in Portland, OR
Norm Rice, Real Estate Pro in Portland, OR
Norm Rice answered:
Housing market near Lloyd Center
The sky is not falling ! You are smart in waiting a bit for sure, however, the market in Portland is much better than other areas thankfully. We will continue to see appreciation in t ... more
0 votes Share Flag Mon Dec 10, 2007 Market Conditions in Lloyd, Portland, OR
Cindi Hagley,…, Real Estate Pro in San Ramon, CA
Cindi Hagley, Prudential answered:
I have a rental property in Burlingame that I bought as a primary residence in 2004. I love Portland and
Are you getting positive cash flow? As a realtor and an investor, my personal strategy is to accumulate as much as possible.
0 votes Share Flag Tue Jan 8, 2008 Market Conditions in South Burlingame, Portland, OR
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