Tom's Take: 2024 Portland Real Estate Market Recap: Wins, Losses, and 2025 Predictions! (01.23.25)
Gile Group Blog
by Tom Gile
2M ago
In today’s episode of Tom’s Take, we’re diving headfirst into the 2024 Portland real estate market! ? ✔️ What went right? What went wrong? We’re covering the highs, lows, and everything in between — from sales trends to pricing shifts and more! ? Want to know what 2025 has in store? Stick around as I share my expert analysis and predictions for where the Portland market is headed. If you’re buying, selling, or just curious about Portland real estate, this is a must-watch. Don’t miss it! ? Hit play and let’s get into it ..read more
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Portland Real Estate Market Update - January 2025
Gile Group Blog
by Tom Gile
2M ago
Here's a quick breakdown of what’s happening in the Portland housing market right now: ? Average Sales Price: $615,700 — up 3.3% compared to this time last year. (Hint: Portland’s housing market is still gaining value!) ? Closed Sales: 1,681 homes sold — that's a 25.1% increase from last year! A strong sign of buyer activity and market health. ⏳ Days on Market: 64 on average. But let’s be real—desirable homes are flying off the market much faster! ? ? New Listings: 1,459 — down 20% from last year. With fewer new listings, competition can heat up for the best properties. ? Months of Supply: 3.0 ..read more
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This Space Feels Small - Envisioning Your Home
Gile Group Blog
by Vicki Gile
3M ago
Ever walked into a room during a home tour and thought, ‘This space feels too small?’ We get it—and we come prepared! ?️ Buyers, that’s why we carry a trusty tape measure to help you see how your furniture and lifestyle can fit for your family. Sellers, this is where staging works its magic—helping every room shine and feel like home. ✨ Fun fact: This is actually our current home! When we toured, I had to imagine how this space could work for Tom, me, and our family of 9. The red blinds in the living room? Yep, those came down the second we closed (with the help of a screwdriver ?). Red worke ..read more
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Winter's Secret: The Best Time To Sell Your Home Is Now!
Gile Group Blog
by Vicki Gile
3M ago
It’s not just casual dating. Here’s the real deal. A lot of people assume that spring is always the BEST time to sell your home. While it is a great time to sell, here’s the catch: Buyer demand usually picks up during that time – which means your competition does too because more people are putting their homes on the market. So, how can you take advantage now: sell your home before the spring. Why? Historically, the number of homes for sale tends to drop in the cooler months meaning buyers have fewer options to choose from. So why not sale before the wave of listings increases as the months ge ..read more
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What's Your Move For 2025?
Gile Group Blog
by Vicki Gile
3M ago
✨ What’s Your Move for 2025? ✨ Whether you're planning a big relocation, downsizing, or finally ready to buy your dream home, the time to strategize is NOW! ?? Here are some key stats to keep in mind for 2025: 58% of homeowners are considering a move in the next 12 months. Millennials will make up the largest group of homebuyers (expected to account for over 45% of purchases!). Sellers are seeing strong equity gains due to rising property values — it’s a great time to cash in if you’ve been thinking about selling. Interest rates are projected to stabilize, making this a golden window for buyer ..read more
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Preserving Home Memories
Gile Group Blog
by Vicki Gile
4M ago
As an SRES (Senior Real Estate Specialist), I often hear, “There are so many memories in my home.” ❤️   When we moved from our home of 23 years, one special gift we received during our transition was a beautiful watercolor painting of our previous house. It was a reminder that while you may leave a house, your memories are yours to take with you! ??   After helping many families through this process, I’ve learned some wonderful ways to preserve those memories:   ? Take photos/videos of meaningful spots—like the kids' height chart or your favorite garden nook. ? Convert old VHS t ..read more
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Don't Make These 3 Mistakes When Buying A Home
Gile Group Blog
by Tom Gile
4M ago
Buying a home comes with its challenges—especially in today’s market! My job as your agent is to be right there with you, helping you avoid the common pitfalls that can trip up unprepared buyers. Let’s chat about what’s happening in the market and how I can help you make confident, smart moves every step of the way! You can also grab our FREE Buyer's Guide to here ..read more
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Fall Front Porch & First Impressions
Gile Group Blog
by Vicki Gile
5M ago
? Fall is here, and we’re all about those cozy front porch vibes! ?   Whether you’re buying or selling, that front porch is more than just an entrance—it’s the first impression, the curb appeal that can make all the difference!   And let’s be real, nothing says "welcome home" like a front porch decked out in pumpkins, gourds, and fall magic. ? Go big and gourd home for the holidays, am I right? ?   If you know me, you know fall is my jam—pumpkin patches, baking all the goodies, and of course, our upcoming client pie giveaway (stay tuned for more details - save the date for Nov 2 ..read more
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All Questions Welcomed
Gile Group Blog
by Vicki Gile
7M ago
It's not silly! ?   With our time and experience in real estate, we have had a wide variety of questions from both buyers and sellers.   Some are more common, like:   ✨ Can I see this home today? ✨ What is the age of the roof? ✨ How many homes have you sold in this area? ✨ What will my home sell for? ✨ Can I view the HOA guidelines? ✨ How do I get started with the process? ✨ What improvements should I make?   But sometimes we get some more intriguing questions, like:   ✨ Can I use the bathroom? ✨ Can I bring my kids? ✨ Can I fit 60,000 books into the basement? ✨ Can I ..read more
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Big Changes Coming with NAR
Gile Group Blog
by Tom Gile
7M ago
Big changes are coming! Starting August 17, 2024, new rules will be rolled out following a major lawsuit settlement against the National Association of Realtors (NAR). These updates will affect both home buyers and sellers. In today’s Tom’s Take, we'll break down what’s changing, how it impacts you, and how to create a winning real estate strategy moving forward ..read more
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