Urbanportlandrealestate

Urbanportlandrealestate

Interesting things happening in Portland, OR. Including some residential Real Estate.

Photos from where real estate's post 25/03/2024

I am so proud and Honored to be part of an amazing company.

March Newsletter 18/03/2024

This month’s newsletter is here! Be sure to subscribe below and check it out!

March Newsletter Welcome to our newsletter where you will find the latest real estate news and statistics for your area. If you would like more information about market conditions, or have any other real estate-related questions, please contact us. We would be happy to connect with you and explore how we can be of h...

11/03/2024

FEBRUARY MARKET STATS ARE OUT!

The Portland real estate market had 4,922 homes for sale in February 2024, a 4.7% increase compared to January 2024.

In February 2024, there were 2,085 new listings in Portland Metro, which is an 18.2% increase from the 1,764 listed in February 2023, and an increase of 7.4% from the 1,941 listed in January 2024.

The median home sold price in Portland was $537,880 in February 2024, down 0.3% from last year, and the median price per square foot was $313.

Feel free to call if you have any questions.

6807 NE Wygant ST, Portland, OR, 97218 | 23356785 | Alex Page & Dana Cody 07/03/2024

SOLD! 6807 NE Wygant ST, Portland, OR, 97218!

Over the moon to have helped our clients sell their home and wish them all the best in the future.

6807 NE Wygant ST, Portland, OR, 97218 | 23356785 | Alex Page & Dana Cody Great development or fixer opportunity in the desirable Cully neighborhood! The existing home features an unfinished basement and attached garage. Home located on large corner lot. The oversized lot offers a variety of options - put up an auxiliary dwelling unit (ADU), bulldoze and build your dream....

06/03/2024

Ever wondered how much your home might be worth? Our home evaluation is fast, easy, and free!

https://urbanportlandrealestate.com/free-home-evaluation/

01/03/2024

We can help you easily discover the value of your home or property, just click below to get started!

https://urbanportlandrealestate.com/free-home-evaluation/

Fast & Easy MLS® Home Search 26/02/2024

Fast & Easy MLS® Home Search Click here to get started.

February Newsletter 19/02/2024

This month’s newsletter contains the latest and greatest real estate information and more. View and subscribe below!

February Newsletter Welcome to our newsletter. Here you will find the latest real estate news and stats for your area. If you would like more information about market conditions in your area, or have any other real estate related questions, please contact us. We would be happy to connect with you to see how we can help...

16/02/2024

Happy Valentine's Day!

7645 SW Broadmoor TER, Portland, OR, 97225 | 23093903 | Alex Page & Dana Cody 09/02/2024

7645 SW Broadmoor TER, Portland, OR, 97225 | 23093903 | Alex Page & Dana Cody What a gem in the heart of Broadmoor. Lovingly renovated 1950's mid century in the heart of Raleigh Hills & Washington County! Hardwood floors throughout the home. The sellers have impeccable taste and it is showcased throughout the home. Much of the heavy lifting has been taken care of! Main level....

7645 SW Broadmoor TER, Portland, OR, 97225 | 23093903 | Alex Page & Dana Cody 09/02/2024

SOLD! 7645 SW Broadmoor TER, Portland, OR, 97225!

Thrilled to be able to help our clients sell this gorgeous home.

7645 SW Broadmoor TER, Portland, OR, 97225 | 23093903 | Alex Page & Dana Cody What a gem in the heart of Broadmoor. Lovingly renovated 1950's mid century in the heart of Raleigh Hills & Washington County! Hardwood floors throughout the home. The sellers have impeccable taste and it is showcased throughout the home. Much of the heavy lifting has been taken care of! Main level....

05/02/2024

Discover all that the market has to offer with our interactive map search! Click below to get started.

https://urbanportlandrealestate.com/southeast-portland/

On the House: Congratulations, You Bought a Home—Here's What You Need To Do Now 04/02/2024

Now that you're a homeowner, what's next? Before you start renovating, there are a few practical things you need to do first.

On the House: Congratulations, You Bought a Home—Here's What You Need To Do Now New homeowners might want to take down walls and start redecorating. But there are six things they should do before breaking out the sledgehammer.

Foreclosure Activity Is Still Lower than the Norm 31/01/2024

Have you seen headlines talking about the increase in foreclosures in today’s housing market? If so, they may leave you feeling a bit uneasy about what’s ahead. But remember, these clickbait titles don’t always give you the full story.

The truth is, if you compare the current numbers with what usually happens in the market, you’ll see there’s no need to worry.

Putting the Headlines into Perspective

The increase the media is calling attention to is misleading. That’s because they’re only comparing the most recent numbers to a time where foreclosures were at historic lows. And that’s making it sound like a bigger deal than it is.

In 2020 and 2021, the moratorium and forbearance program helped millions of homeowners stay in their homes, allowing them to get back on their feet during a very challenging period.
When the moratorium came to an end, there was an expected rise in foreclosures. But just because foreclosures are up doesn’t mean the housing market is in trouble.

Historical Data Shows There Isn’t a Wave of Foreclosures

Instead of comparing today’s numbers with the last few abnormal years, it’s better to compare to long-term trends – specifically to the housing crash – since that’s what people worry may happen again.

So, while foreclosure filings are up in the latest report, it’s clear this is nothing like it was back then.

In fact, we’re not even back at the levels we’d see in more normal years, like 2019. As Rick Sharga, Founder and CEO of the CJ Patrick Company, explains: “Foreclosure activity is still only at about 60% of pre-pandemic levels. . .”

That’s largely because buyers today are more qualified and less likely to default on their loans. Delinquency rates are still low and most homeowners have enough equity to keep them from going into foreclosure. As Molly Boesel, Principal Economist at CoreLogic, says: “U.S. mortgage delinquency rates remained healthy in October, with the overall delinquency rate unchanged from a year earlier and the serious delinquency rate remaining at a historic low… borrowers in later stages of delinquencies are finding alternatives to defaulting on their home loans.”

The reality is, while increasing, the data shows a foreclosure crisis is not where the market is today, or where it’s headed.

Even though the housing market is experiencing an expected rise in foreclosures, it’s nowhere near the crisis levels seen when the housing bubble burst. If you have questions about what you’re hearing or reading about the housing market, DM me.

Foreclosure Activity Is Still Lower than the Norm Have you seen headlines talking about the increase in foreclosures in today’s housing market?

27/01/2024

Curious what the market has to offer? Find out what’s for sale by clicking below!
https://urbanportlandrealestate.com/southeast-portland

22/01/2024
22/01/2024

St. Pete Beach, FL | Luxury Waterfront Located In The Heart Of St. Pete Beach. Look Inside: https://www.luxuryhomemagazine.com/tampa/77251

Presented by Dania Perry of Century21 Jim White
📸- Provided by agent

January Newsletter 19/01/2024

January Newsletter Welcome to our newsletter where you will find the latest real estate news and statistics for your area. If you would like more information about market conditions, or have any other real estate-related questions, please contact us. We would be happy to connect with you and explore how we can be of h...

January Newsletter 17/01/2024

The latest newsletter issue is here! Click below to get the most recent real estate updates! Subscribe below!

January Newsletter Welcome to our newsletter where you will find the latest real estate news and statistics for your area. If you would like more information about market conditions, or have any other real estate-related questions, please contact us. We would be happy to connect with you and explore how we can be of h...

17/01/2024

Portland Metro Real Estate Stats for the week of January 5, 2024 - January 11, 2024......

Please let Alex Page or Dana Cody if you have any questions or thoughts. WE are always happy to help with all of your real estate needs.

Photos from Urbanportlandrealestate's post 08/01/2024

DECEMBER MARKET STATS ARE OUT!

52.3% of homes here sold below asking price last month. Summary: A total of 549 homes were sold or pending in Portland in December 2023, down by 10.6% month-over-month. Of the 549 sold homes, 52% were sold under asking, 21% were sold at asking, and 26% were sold over asking.

Feel free to call if you have any questions!

01/01/2024

Wishing you a joyous 2024 with peace & cheer in the New Year!

25/12/2023

Happy Holidays! Sending all the holiday cheer to you and your family.

24/12/2023

We are thankful for our clients, friends, and family during this Holiday Season.

May your holidays bring you all Peace and Joy!

Alex & Dana

Photos from Urbanportlandrealestate's post 11/12/2023

NOVEMBER MARKET STATS ARE OUT!

The median home sold price in Portland was $532,800 in November 2023, down 0.7% from last year, and the median price per square foot was $312.

Feel free to call if you have any questions.

09/12/2023
Photos from Urbanportlandrealestate's post 09/12/2023

Broadmoor area Open House both days this weekend! Don't miss out on this wonderfully updated home nestled in the heart of Raleigh Hills,
, -inc,

7645 SW Broadmoor TER, Portland, OR, 97225 | 23093903 | Alex Page & Dana Cody 08/12/2023

Open house Saturday and Sunday…

7645 SW Broadmoor TER, Portland, OR, 97225 | 23093903 | Alex Page & Dana Cody Open House Sat. 1-3, Sunday 11-1. What a gem in the heart of Broadmoor. Lovingly renovated 1950's mid century in the heart of Raleigh Hills & Washington County! Hardwood floors throughout the home. The sellers have impeccable taste and it is showcased throughout the home. Much of the heavy lifting h...

Videos (show all)

New Listing.  $ 360,000  Bring your creative ideas  and make this .25 acre lot and home your own!  Fabulous opportunity ...

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