We’ll get back to you as soon as we’re able. But if you need us sooner, feel free to call Brian at 503-810-2219 with your questions.


Selling Portland Homes since 2003

Our team specializes in Portland Homes For Sale, but we also sell Real Estate in Beaverton, Hillsboro, Gresham, Happy Valley, Milwaukie, Vancouver and other parts of the Portland Metro Area.

We are active in the multi-family market as well, and if your are looking for a Portland Duplex, please give us a call.  503-810-2219.  Sometimes we have coming soon listings that we can share with you.  We also operate the website www.portlandduplex.com for buyers and sellers of portland duplexes.

We work with both buyers and sellers, and we have a great team to assist you in your purchase or sale of Portland Real Estate.

The real estate market in Portland is changing rapidly.  Turnover is down, inventory is up, and everybody is talking about the rapid rise in interest rates.  How is the going to affect the market.  I have written a blog post about this very subject, "Why isn't my house selling?". I am always happy to talk about real estate on the phone, so please give me a call. Brian 503-810-2219.

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About us

Meet Your Portland Real Estate Team

Introducing Brian Porter & Laura Black - your best friends in buying or selling your home.

Brian started working in Portland real estate almost 20 years ago and has been a top producing agent for JMA Properties this past decade! Laura joined the team in 2020 to help manage the artistic, social, and staging needs of the bussiness. Together they offer free staging services and professional photography to listing clients (please know that quantities of staging furniture are limited).  Also available are free home energy scores to listing clients in the city of Portland.

Please reach out to Brian today to get more information or just discuss your real estate needs. 503-810-2219

More about us

Market Analysis

 

Portland Real Estate Market Action

Updated 10/22/2022

 New listings decreased 16.2% compared to September last year.

 Pending sales decreased 36.8% compared to September of last year.

 Closed sales decreased 29.4% compared to September of last year.

 Inventory increased to 2.2 Months compared to 0.9 Months this time last year.

 Average sale price in Portland Metro increased about 4.8% over the past year.  Average sale price in September of 2022 was $598,700 and in September of 2021 it was $571,500


We are in a rapidly changing market 

The number of new listings is down a bit, but the number of pending sales and closed sales has dropped dramatically.  This is causing our market to have more inventory.  This is good news for buyers, no so good for sellers.  Higher inventory mean more supply, and this give buyers more options. 

Interest rates are playing an important role in today's market.  Interest rates on 30 year fixed mortgages have been going up rapidly.  From Bankrate.com: October 10, 2022, the current average rate for the benchmark 30-year fixed mortgage is 7.04%.  Higher interest rates make homes less affordable, and this is creating downward pressure on pricing.

 

Check our blog for more insights