Real Estate News


December RMLS Market Analysis

The RMLS Numbers for December are out! Here’s our take: Looking at the last month of last year (and last decade!) we see a lot of positive activity in the Portland Metro Area. Compared to the previous December, new listings increased by 1.2%, closed sales were up almost 20% and the Median…

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RMLS Market Analysis

The RMLS Numbers for October are out! Here’s our take: The median sale price in the Portland Metro Area held steady last month at $410,500; increasing slightly by just $500 over September and represented an increase of 3.9% over this time last year. This is typically the time of year when sales…

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RMLS Market Analysis

The RMLS Numbers for September are out! Here’s our take: The median sale price in the Portland Metro area dropped slightly last month to $410,000 – a decrease of just under 2%. Despite this, prices rose 4.5% over this time last year. Across the board we’re seeing the seasonal drop we expect…

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July RMLS Market Analysis

MLS numbers for July are out. Here’s our take: The mixed bag of activity we’ve seen so far this year in the Portland Real Estate Market continued into July. When we compare this July to July of last year, we see that new listings and pending sales were both down, but closed…

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What Does ‘Middle Housing’ Look Like?

Last week, the Oregon Senate passed House Bill 2001 which would fundamentally change residential zoning laws in Oregon. In cities of 10,000 or more people, duplexes will be allowed in areas currently zoned for single-family homes. In cities of 20,000 or more people, triplexes and fourplexes will be allowed in areas currently…

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Oregon House Passes Bill to Increase Housing Density

The Oregon House passed HB 2001, a bill that prevents cities from the exclusive use of single-family housing. According to reporting by OPB, this first-in-the-nation measure passed on a bipartisan 43-16 vote and now moves to the Oregon Senate. HB 2001 follows closely behind Minneapolis which banned single-family housing in December. “Fundamentally,…

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