Twelve sustainable modern townhomes dot the skyline on N Vancouver Avenue in the beautiful Piedmont neighborhood. The homes have a streamlined design aesthetic and are built with craftsmanship — a balance of artistry and functionality.
Design Forward Living
Award-winning architect Ben Waechter of Waechter Architecture designed the rowhomes to feel individual but uniform with their matching exteriors and similarly pitched roofs. Read More
Beginning next year, all homes for sale in the City of Portland will be required to have a Home Energy Score before going on the market. The score has been likened to the miles per gallon for an automobile - it tells potential buyers how much it will cost to heat (or cool) the home. The score is on a scale of one to ten and takes into consideration the age, insulation, and layout of the home, among other things. Nonpermanent fixtures (like appliances) are not considered in the score. The score, and corresponding report, must be included in the listing information of the home. Read More
As expected, we saw some rebound in the market after a sluggish January. Both new listings and pending sales increased in February. But compared to the same time last year, the market is much slower. Inventory is also up slightly over last year, which is good news for buyers, but prices are still increasing, with the median sale price up 12.2% over 2016.
The recent trend of a cooling local market continued in November. Even taking into consideration the typical seasonal slow down, November is slowing down with fewer new listings and fewer pending sales than 2015. Those factors combined pushed inventory down another 10% from October to just 1.8 months. With shrinking inventory comes increased prices. The Median Sale Price is up over 11% from this time last year at $351,700, but nearly even with October. Read More