Each month we highlight a suburb of Portland, Oregon and profile its housing market as a resource for your real estate planning needs. To learn more, check out our Portland Suburb Real Estate Market Reports to find all the suburbs we have covered. For an overview of the Portland metro real estate market, you can read our current monthly report and our 2024 Portland real estate forecast. This month we’ll focus on the suburb of Happy Valley, located roughly 12 miles east of downtown Portland within Clackamas County. Happy Valley’s location provides residents with easy access to beautiful natura ..read more

The high level of home buyer traffic we saw early in Spring is beginning to wane a little due to the recent increase in mortgage rates (yet numbers still remain high) while home inventory is starting to climb. These market shifts have stabilized prices, which may begin to decrease in the coming weeks if these two trends persist. Conditions remain ideal for sellers who are able to list their homes before the end of the season, and home buyers will begin to find more opportunities as a greater number of homes are added to the market as we move into the summer. Below we will unpack the factors t ..read more

Learning about neighborhoods when shopping for a new home helps ensure you live in an area that truly feels like home. This is true of any city, but it is especially relevant for Portland, Oregon. Many neighborhoods have their own distinct flavor, activities, and ways of life. Which Portland neighborhoods are best for you and your family? We researched elements like the average home pricing,  quality of schools, and the walk, bike, and transit scores to bring you our list of the top 10 neighborhoods. We also include a brief history of each area and its parks, attractions, restaurants, an ..read more

Every month we feature a Portland, Oregon suburb and share our analysis of its real estate market. To learn about the other suburbs we have covered, visit our Portland Suburb Real Estate Market Reports. And for insight on the Portland metro area housing market as a whole, check out current monthly report and our 2024 Portland real estate forecast. This month we turn our attention to the suburb of Wilsonville, located 17 miles south of downtown Portland along the Willamette River. Wilsonville resides mostly within Clackamas County with a northern portion overlapping Washington County. From its ..read more

Portland home buyer traffic is steadily increasing while home inventory has stabilized (yet showing signs of increasing in the near future) and consequently, home prices are climbing higher and setting the market up for an active spring season. Sellers will benefit from increasing buyer competition over the coming months, and home buyers should act fast before prices reach their peak toward the end of the season. Of course, looming in everyone’s mind is the recent NAR settlement, and how that might affect this year’s real estate market. It is important to note that nothing is expected to chan ..read more

In 2023, Portland voters approved two measures that will affect property owners. One that voters chose to renew continues to support education programs and food security for children while also helping foster children and youth to succeed. The second renewed a five-year levy to sustain emergency fire and medical services for Riverdale residents. Home prices remained fairly stable in most parts of the city or experienced a slight decline in 2023. While these measures maintain established tax rates, the fact that home values tend to increase annually means higher costs in 2024 for most propert ..read more

Waking up and strolling over to a bathroom without entering an open hallway or main living area in your home is a big deal. A bathroom directly connected to a bedroom, an en suite, French for following or after, is a desired convenience that causes homes to sell for more, a lot more. Perhaps you’re considering adding a suite to your home to increase home value or you’re contemplating the future resale value of a home you want to buy. Either way, let’s find out exactly how more homes with bathroom suites sell for than those that do not have them. Research Criteria To figure this out I’m lookin ..read more

The National Association of Realtors, NAR, puts out an annual in-depth research report on what actually causes homes to sell across the U.S., down to a percentage point. This annual report also includes information on for sale by owner homes, how many there were in the last year and how they performed versus Realtor listed homes. How Many FSBO Home Sales were there in 2023? 7% of homes sold in 2023 were sold for sale by owner. This is a drop that we predicted would happen in 2022 (see below). 7% is the rate of FSBO home sales in three out of the last four years. How Many FSBO Home Sales were ..read more

Each month we profile the real estate market of one of Portland’s many unique suburbs and share an overview of its current market conditions. Check out our Portland Suburb Real Estate Market Reports to discover the other suburbs we have covered. To learn more about real estate activity throughout the entire Portland metro area, read our 2024 Portland real estate forecast or read our latest monthly report for the Portland real estate metro. This month we’re highlighting the suburb of Oregon City, located 13 miles south of downtown Portland within Clackamas County. Recognized as the first incor ..read more

The number of active home buyers on the market has increased significantly since our last Feb. report, while home inventory has dropped further and prices have begun to rise more steadily. Conditions are right for sellers to benefit from these factors that will likely only improve as we head into Spring, when the Portland housing market reaches its peak for home sellers each year. Interested home buyers should act quickly before the market shifts to fully favor sellers in the coming months (or wait until things start to swing back in their direction (by August or July). In this article we’ll ..read more