While in California a couple of weeks back, I strolled around in a senior citizen manufactured home park. Others might call them mobile homes, and I even hear people call em trailer parks. I think they could be a lot of all things, as this particular park I was in had homes from the late […]
Archive | Portland Economics
Portland housing Economics, Portland rental economics,
The Bubble Has Landed
I sat in my office the other day and watched a property, a Portland area triplex, get bid up via an Internet auction, by more than $100,000 of it’s market value. Folks just kept clicking away, bidding higher and higher……to the point where I know it became a game simply not to lose to the […]
Parade of Lost Equity
My wife and I just took a spin thru the Clark County Parade of Homes for the first time ever. Thru the years, we’ve stuck to the Portland side of the river, doing the tour thru the Street of Dreams…..but as time moves on, and as you see more and more, eventually, you really need […]
Portland Oregon just is Cool
http://www.homesnacks.net/time-bending-portland-121849/ This is just a beautifully made and time lapsed style video. My hat is off to the videographer who laced this together. What great creativity. A nice blend of background music, and the narration is just a perfect mix too. After watching this video, if you aren’t pumped up to be a Portlander, I’m […]
Portland Rents
> The more I travel, the more I marvel at the quality of life Portland, OR offers. We have vibrancy, relatively EZ traffic although it’s starting to feel big city-ish this past year, there are very few areas I would consider “unsafe”, and in a relatively short amount of travel time, you can transverse our […]
Sort of Nitpicking Here on My Part
One of my favorite cars is the line of Tesla’s. Ground breaking. Cool. Totally gnarly. Totally awesome too. And then sort of Eco-Green in a way, surely from the use of fuel. Probably not so Eco-Green when one thinks of the impact of simply manufacturing the vehicles, and so on in relative terms to […]
Slow Down to Get a Deal
This past weekend I held an open house. At the open house was my associate broker, myself of course, and a lender. All of us, good guys, we love our craft, and we actually want to help people. But people continue to marvel me, because generally speaking now, people act like they don’t want help. […]
What Gives…..Constricted Supply in Plexes!
2015 is off to a bang. It seems that in almost all sectors, values are growing, there are more buyers than sellers, it really just doesn’t matter how you look at it, ownership has it’s advantages right now in big way. In particular, I am talking about the market for what I call plexes, which […]
Portland Rent Increases
News flash……..Portland is groovy, but wait……so is Seattle, San Francisco, San Diego…….. Rents are going up, and fast, everywhere. Rents have always been super high in SF, and all those cities besides, well above Portland rents across the board. But with all things as they are now, Portland has it’s own rental renaissance going on, […]
Staging a Listing-Time Value of Money
http://www.bankrate.com/finance/real-estate/does-staging-raise-home-price.aspx?ec_id=cmctre_01_comm_RE_image_headline I think this is a really good article & synopsis to read. I hear agents/realtors say both sides, but the key here isn’t a bigger price, it’s a quicker sale. Quicker sale means quicker access to the equity of a property, which in time value of money means greater return on investment. For a […]