As Portland prepares for the Green Max light rail line due to open this Fall, I am reminded of a study I did a few years back on how the Yellow Line had impacted residential real estate values in North Portland.
I pulled RMLS data for residential sales adjacent to the Yellow light rail line along Interstate [...]
Entries from March 2009
March 29, 2009
Light Rail’s impact on real estate values
March 27, 2009
Better Living Show This Weekend!
The Better Living Show, sponsored by our friends at Energy Trust, will be happening this weekend at the Portland Expo Center, and entry is FREE. Learn about the many ways you can live greener – whether at home, in transit, or at work. In fact, they are hosting a Green Jobs fair tomorrow from [...]
March 22, 2009
Top 10 Reasons to Buy Your First Home Now
1. $8000 tax credit to new homebuyers in 2009 only —wouldn’t it be nice to get a chunk of change like this from the IRS next year? Must purchase before December 1, 2009 to qualify. You qualify if you haven’t owned a home within the past 3 years.
2. Selection—with Portland inventory near all time highs, you couldn’t [...]
March 20, 2009
MakingHomeAffordable.gov launches
The US Treasury department just launched a new website, www.makinghomeaffordable.gov, which guides home owners in determining eligibility for either a loan refinance or loan modification program.
The Making Home Affordable program is a safe route to ensure you get the most direct help you need, and avoid the many scams out there that are trying to take [...]
March 19, 2009
What’s Selling in Portland
Now that we’ve seen the sales stats for the Portland Metro area in February, we should look a bit further to understand what is selling out there.
Out of 348 total sales for Portland proper in February, the majority (128) were located in Southeast Portland. These occurred most frequently at a price of $170,000, with a typical age [...]
