Portland’s Housing Market Relatively Stable

Once again, I’ve culled the latest housing stats to see where Portland stands in relation to national trends.  This time, I’ve gathered the latest data from the National Association of Realtors.  They compile quarterly stats across all the metropolitan areas, and calculate averages for the various parts of the country.  Their data came out recently [...]

Case-Shiller Composite-20 vs. Portland

Standard & Poor’s Case-Shiller Indices were recently published for February 09 housing sales.  It’s too bad they can’t crunch these numbers quicker, as I’d really like to compare this data to RMLS stats in the same month.  Oh well.
This month I was interested to see how the Case-Shiller index for Portland stacks up against that of [...]

Portland’s Housing Bubble Deflated

As of March, the median value of a home in the Portland Metro area was $246,400. This figure, when placed in the context of the Case-Schiller trend line, suggests that the Portland market has worked off its inflated home values, and we are now at a stabilization point in the market in terms of values.

Light Rail’s impact on real estate values

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 [...]

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 [...]