Portland Real Estate

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November 28, 2018 10:22

You may be wondering how you can afford buying a new home in Portland. Purchasing a new home can seem way out of reach to many buyers in the Portland area. Prices in the inner East side have increased so much in the last few years it has made it difficult for some to purchase within the city limits. Today we see buyers using creative tactics to afford their homes. This article will cover a few things we know that help make new construction homes affordable.

This is where the 3 level townhouse style condo with a guest suite and...

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We are taking extra precautions with your real estate needs. We are doing video tours of all our listings and virtual showings via Facetime or Skype. We are doing virtual open houses for all of your listings. We will continue to update you on the market on this website. Please do not hesitate to contact us if you would like to discuss this further. We are all in this together. Thank you and stay safe, Brian 503-810-2219 and Amanda 503-805-2098.

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RMLS Action July 2020

There were 3391 closed sales in July of 2020, a 15.2% increase from the same time last year and a 25.2% increase from June 2020. New listings (4236) were up 6.8% from July of 2019 and increased 15.8% from last month. Pending sales (3656) were up 21.9% from 2019. Market time stayed steady at 42 days for the Portland Metro Area. Inventory has also decreased and is now on average 1.2 months. This is the lowest we have seen in a long time! The average sales price has increased 3.7% from last year and is currently $475,400.

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We sell all types of real estate in the Portland metro area. We have experience in selling single family homes, townhouses, condos and multi-family homes. Brian Porter has been a Realtor in Portland for 16 years and has the experience and team needed to assist with all your real estate needs. Below is a video of a new listing in N. Portland:

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The housing supply in Portland is limited and we are experiencing a “seller’s market.” This is great news for property owners who are looking to move up, downsize, change areas and so on. Homes are selling within weeks of being put on the market. We work with many sellers and are able to sell homes in record time with our marketing and selling skills. Brian has a formula for listing and successfully selling properties that he utilizes with all his clients, while keeping each listing fresh and marketable on the internet. It truly is an asset to have his experience working for you in this market.

Purchasing Real Estate in Portland is also an exciting venture in this market. It is imperative to be ready and able to purchase before looking at homes. We have the team needed to assist you in order to become ready to purchase and able to close on your new home. This market requires a full time agent that is constantly scouring the market for you and able to show homes as they become available to view. Brian has the knowledge, team and time in order to work hard with buyers in this fast paced market.

When you are looking for a Portland REALTOR, keep in mind that you want to work with a REALTOR that has the team, experience and local knowledge needed to make your experience a positive one. We have sold hundreds of properties over the years and have lived throughout the Portland Metro area as well. We are very familiar with living in the different types of homes and the various neighborhoods in this dynamic city and are thrilled to share this with you.

On our Blog, we have graphs and data to keep you informed about this rapidly changing market, and we cover topics like, financing a condo in litigation.

We sell Portland New Construction, Townhouses, and Single-Family Homes

Portland New Construction is extremely desirable right now and newer homes in close in neighborhoods are becoming more prevalent. You get all the benefits of living in a close-in NE or SE Portland neighborhood coupled with having the convenience of a new home. Close in neighborhoods provide excellent schools, shopping, dining and entertainment nearby while being minutes from Downtown by car or public transportation. Portland is also an extremely walk-able city with great public transportation and lots of public art.

We work with builders in Portland that are constructing single family homes, townhouses and condos that really fit the neighborhoods. There are several projects in the works that will be coming on the market soon and others that we have currently listed. Please call or email us today for more details, we are excited to share this with you!

And by the way, feel free to call us after hours or on the weekends. We look forward to hearing from you, and we will do our best to answer your real estate questions.

As the owner of PortlandDuplex.com, I have been watching, studying and selling duplexes in Portland for the past 10 years. Multifamily property is a stable investment that offers reasonable returns and potential for appreciation.

Don't forget to check out our blog. It has dozens of article about Portland Real Estate, neighborhoods, market action, the local lending environment and other issues that affect homes in Portland.

Portland Realtor, Brian Porter

Thanks again,

Brian Porter
Portland Real Estate Broker
503.810.2219
JMA Properties, LLC
4507 NE Fremont
Portland, OR 97213
brian@brianporter.com

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#portlandrealestate

#portlandrealestateagent

#portlandhomesforsale

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Address:: 6226 SE CESAR E CHAVEZ BLVD A Portland, OR 97202
Price:: $720,000
Sqft:: 2504
MLS#:: 20664294
Built:: 2020
Beds:: 4
Baths:: 3.1
County:: Multnomah
Nhood/Bldg:: WOODSTOCK/EASTMORELAND HEIGHTS
Taxe/yr:: $0.00
Schools:: Duniway / Cleveland
Courtesy:: JMA Properties LLC
Zone:: R5
Status:: Active
Remarks: Beautiful Contemporary Craftsman home located a few blocks south of Woodstock Blvd on the quiet part of Cesar Chavez Blvd. Features include: a chef's kitchen, high end finishes, quartz counter tops, wood floors, crown molding stainless steel appliances and custom tile. The master suite includes 2 walk in closets, a soaking tub, a walk in shower, dual sinks and beautiful tile work.

Address:: 6226 SE CESAR E CHAVEZ BLVD B Portland, OR 97202
Price:: $380,000
Sqft:: 722
MLS#:: 20287674
Built:: 2020
Beds:: 2
Baths:: 1.0
County:: Multnomah
Nhood/Bldg:: WOODSTOCK/EASTMORELAND HEIGHTS
Taxe/yr:: $1,995.24
Schools:: Duniway / Cleveland
Courtesy:: JMA Properties LLC
Zone:: R5
Status:: Active
Remarks: Super cute and efficient tiny house in a great location blocks from Woodstock. This house has everything you need with 2 bedrooms, one bathroom, tall ceilings, lots of natural light and a great outdoor patio area. Private and secluded from the street with access from the concrete walkway. Reduce your carbon footprint in this great tiny home!

Address:: 7120 NE 8TH AVE A Portland, OR 97211
Price:: $649,900
Sqft:: 2504
MLS#:: 20258172
Built:: 2020
Beds:: 4
Baths:: 3.1
County:: Multnomah
Nhood/Bldg:: DEKUM TRIANGLE / WOODLAWN
Taxe/yr:: $0.00
Schools:: Woodlawn / Jefferson
Courtesy:: JMA Properties LLC
Zone:: R5
Status:: Active
Remarks: Beautiful Contemporary Craftsman home in a great neighborhood a few blocks from Dekum Triangle. Features include tall ceilings, lots of windows, high end finishes, quartz counter tops, soaking tub, dual master closets and more. This home lives large with an open floor plan and great finishes.

Address:: 1411 N ALBERTA ST 8 Portland, OR 97217
Videos:: Virtual Tour
Price:: $279,000
Sqft:: 999
MLS#:: 20389188
Built:: 1945
Beds:: 2
Baths:: 1.0
County:: Multnomah
Taxe/yr:: $3,668.79
Schools:: Beach / Jefferson
Courtesy:: JMA Properties LLC
Status:: Active
Remarks: Beautiful and well maintained 2 Bedroom, 1 Bath condo on N. Alberta Street, just off of Interstate. Lots of light, great windows, hardwood floors, built-ins, old school charm, a gas fireplace and a nice sized kitchen. Laundry in unit, storage in basement. Close to the MAX, PSU and many restaurants, bars and coffee shops. The HOA includes heat and hot water.

Address:: 5247 NE 15TH AVE Portland, OR 97211
Videos:: Virtual Tour
Price:: $699,000
Sqft:: 2957
MLS#:: 20079274
Built:: 2016
Beds:: 4
Baths:: 3.1
County:: Multnomah
Nhood/Bldg:: ALBERTA ARTS
Taxe/yr:: $10,698.73
Schools:: Vernon / Jefferson
Courtesy:: JMA Properties LLC
Zone:: R2.5
Status:: Active
Remarks: Beautiful like new townhouse style condo blocks away from Alberta Street. This home features a guest suite on the lower level that is perfect for airbnb, guests or multi-generational living. It has high ceilings, lots of windows, high end finishes and an open floor plan. Nice outdoor space too including a deck and patio.All appliances are included. Close to local shops, restaurants, coffee shops and other businesses. 30 month average airbnb.com income is $1890 per month. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10186138]

Address:: 7114 NE 8TH AVE Portland, OR 97211
Videos:: Virtual Tour
Price:: $1,029,000
Sqft:: 3181
MLS#:: 20269715
Built:: 2020
Beds:: 6
Baths:: 4.1
County:: Multnomah
Nhood/Bldg:: DEKUM TRIANGLE / WOODLAWN
Taxe/yr:: $0.00
Schools:: Woodlawn / Jefferson
Lot Size:: 3,000 to 4,999 SqFt
Acres:: 0.11
Courtesy:: JMA Properties LLC
Zone:: R5
Status:: Active
Remarks: Beautiful Contemporary Craftsman with detached tiny home in a great neighborhood a few blocks from Dekum Triangle. Features include tall ceilings, beautiful trim, lots of windows, high end finishes, quartz counter tops, soaking tub, dual master closets and more. This home lives large with an open floor plan and tons of natural light! Tiny home in the back is perfect for multi-generational living. The tiny home features an outdoor patio, 2 bedrooms, one bathroom and one level living. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10186840]

Address:: 1030 NW JOHNSON ST 201 Portland, OR 97209
Videos:: Virtual Tour
Price:: $575,000
Sqft:: 1065
MLS#:: 20301064
Built:: 2001
Beds:: 2
Baths:: 1.0
County:: Multnomah
Nhood/Bldg:: PEARL DISTRICT/TANNER PLACE
Taxe/yr:: $6,892.09
Schools:: Chapman / Lincoln
Courtesy:: JMA Properties LLC
Status:: Active
Remarks: Gorgeous condo in the heart of the Pearl District. Newly updated kitchen featuring stainless steel appliances and quartz countertops. Separate den area adjacent to the living room with Murphy bed and built ins. Large master with walk in closet and room for an office. Great storage, tall ceilings, beautiful windows and patio. Walk to everything and enjoy what this amazing neighborhood has to offer. Overlooks lush private courtyard. Comes with deeded parking and storage space.

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