All About Data: PRICES!

Welcome to the second installment of our new series: All About Data! Last week we introduced our new Think Heat Map and this week we’re talking about PRICES: In real estate there are two different price metrics we have available to us: Median Sales Price and Average Sales Price. We prefer to…

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Introducing Think’s new series: All About Data!

We at Think love data and education and we are very excited to introduce a new tool we’ve developed! Below is our Think Heat Map. You may be wondering, what is a heat map? A heat map is a way to organize data in a visual way to highlight trends or abnormalities…

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How’s The Market? A Look at January’s Real Estate Numbers

The intense seller’s market we saw in the closing months of 2020 continued in January. Up 13.3% from last year, the Median Sales Price hit $460,000 in January – matching the all-time high we saw in October. Even in a strong market, prices in January are typically lower than the height of…

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Landlord Compensation Funds Available!

In December the Oregon legislature allocated $150 million to a Landlord Compensation Fund to help landlords that cannot collect rent due to the ongoing pandemic. If you own residential property in Oregon and have been unable to collect rent from your current tenants you may be eligible to receive funds. To be eligible,…

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A Look at 2020

Being an election year, we all expected 2020 to be a wild one, but no one could have guessed how wild. Despite the general tumult – both locally and across the country – the real estate market in Portland stayed strong. Overall, home prices across the Metro Area increased by over 7%…

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Are People Still Moving to Oregon?

It’s a familiar tale in Portland: drawn to our milder summers and relatively cheaper cost of living, Californians are leaving their state in droves and settling in Oregon, pushing up prices and pushing out locals. But do the numbers support that? The 2020 US Migration Report from North American Moving Services paints…

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