Click to play Rob Levy's Portland Real Estate update for mid June, 2020. In this issue Rob discusses and shows how pending sales are back up over pre-Covid numbers, despite much lower inventory. Rob also talks about the rising median house price, as well as a survey on home buyer sentiment. Finally Rob shares a chart showing the economic impact of one house sale. CLICK HERE TO PLAY THE VIDEO ..read more

This is an interesting article as I'm living it!  Let me digress.... When I started selling real estate in Portland nearly 31 years ago, I mostly sold to my sphere, so other young families with kids.  Now fast forward those 31 years and most of those clients are either downsizing, or their parents are moving into independent/assisted living, or passing.  As a result a large part of my business is selling homes for seniors, and helping 55+ buyers find homes with a master on the main floor.  My wife Beverly and I did just this three years ago.   Check out the article, remembering its from the N ..read more

I saw a great article recently on The Motley Fool website about how rental properties are taxed.   My wife and I have invested in rental homes for many years, some we do out of our personal accounts and some out of our retirement accounts.  There are some huge tax advantages to doing either and I am always happy to discuss, but many people ask me "what can I write off on a rental".  This article covers this well.   The key is even if you think you arent making money on a rental, after taxes and depreciation you are (and thats not counting appreciation). Many of my clients have built much pers ..read more

The latest stats came out from the Portland area MLS for the month ending October 31st, 2019 and here they are.  Pending and closed sales saw some gains in October when compared to 2018 with pending sales up 3.7%, but down 4.1% when compared to September of this year.  For closed sales (keeping in mind the average closing time is about 40ish days) rose 6.7% over last year AND rose 8.9% over September of this year with 2,377 closed sales registered for the Portland metro area (not including Washington State).  As for new listings at 3,064 they decreased 1.2% from October of last year and decre ..read more

20 Tips for Preparing Your Portland Home for Sale This Spring Some Highlights: When listing your house for sale, your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific suggestions for getting your house ready for market and is a great resource for finding local contractors who can help ..read more