Portland Real Estate Market Monthly Reports
Stephen FitzMaurice, Realtor licensed since 2003 writes monthly reports on the greater Portland real estate market, including forecasts and major events.
If you’re thinking of selling your home in the next twelve months, Stephen would love to tour your home. Call today to set an appointment.
Stephen FitzMaurice, Realtor
1.7% to Sell a Home
Cancel Anytime Policy
Licensed Since 2003
503-714-1111
If you’re considering buying a home in the next twelve months, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.
Kami Price, Realtor
Represented Hundreds of Buyers
Licensed since 2004
503-773-0000
Portland Real Estate Market Update, July 2022
As we move into summer, we’re looking at how the real estate market is shaping up in Portland. Rising interest rates have cooled off a red hot sellers market, and comparing May 21 with May 22, 16% less homes went pending and closed sales dropped 8.4%. However, inventory remains low along with average market time, […]
Portland Real Estate Market Update, June 2022
We’ve all been waiting and wondering what it will take to shift the real estate market in Portland after two years of an unprecedented sellers market. Prices have continued to rise at record rates with inventory remaining low. While it is obvious this state of affairs isn’t sustainable, when the shift would happen and what […]
Portland Real Estate Market, May 2022 Report – A Wild Ride
We live in interesting times. The Portland real estate market was scorching hot in the first quart of 2022 with no end in sight for skyrocketing home prices and crazy bidding wars. But mortgage interest rates are rising incredibly fast and in April we started to see the first slowdowns in the market. (Typically April […]
Portland Real Estate Market Report – March 2022
As we move into the spring Portland real estate market, we’re looking at the numbers to see what’s happening. Last month, we reported that experts are predicting a “brutal” spring market, and from what we’re seeing, they’re right. As always, we look to RMLS and Fidelity National Title for our data, and we’re reporting what […]
Portland Real Estate Market Update – February 2022
Not that we’re into the second month of 2022, we’re taking a look at the real estate market in Portland to see how stacks up against the past year, 2021, and month, Dec. to Jan. 2022, and what it might mean moving forward. Fortune predicts that the upcoming national spring market will be “brutal,” compared […]
Portland Real Estate Market Update – January 2022
As we move into a new year, we’re looking at real estate trends in Portland to see where we stand and where we might be headed. Let’s take a look and see what’s happening right now. Is it a Buyer’s or a Seller’s Real Estate Market in Portland? Anyone who watches real estate market trends […]
Portland Real Estate Market Report December 2021
The Portland real estate market typically experiences a cooling down in winter every year, and so it has been true in 2021. But exceptionally low inventory is keeping the winter Portland 2021 real estate market, at least slightly, in the seller’s favor. December’s Portland Real Estate Market 2021 Today’s Portland real estate market is defined […]
Portland Real Estate Market Update – November 2021
It’s no surprise that home prices in Portland have increased over that past 18 months due to the COVID-19 pandemic. Problems with low inventory and buyers wanting to leave urban areas (Portland suburbs prices have risen faster than the city proper’s) or create better work-from-home situations have driven up real estate in the entire metro […]
June Home Sales in Portland Real Estate Market Beat Out Past 10 Years
If you’ve read this blog at all this year, you know that one of the biggest stories we’ve been following is Portland’s low inventory. Yet if you read the title of this post, you know that home sales are still going through the roof. So how do these two truths not contradict? First, let’s talk […]
Portland Real Estate Market Report: March 2021
We’ve been following the low inventory in the Portland real estate market for a while now. But now that we’re into March – marking a year since the pandemic came into being full tilt – we’re also likely looking at a huge change in inventory on the horizon. We believe that a lot of folks […]
Portland Real Estate Market Update February 2021
Portland home prices have been on the rise for the past several years. But we’re not alone. Home prices across the nation were up an average of 10% in 2020, according to the Washington Post and Attom Data Solutions. So how is Portland shaping up? Keep reading to learn how much it costs to buy […]
November Real Estate Market: Low inventory, more pending
The numbers are out for the Portland real estate market this November. How did we do? The RMLS report shows the expected seasonal slowdown, with fewer new listings than in October, as well as a decline in pending and closed sales. The good news is that these numbers are, for the most part, better than […]
Strong August Real Estate Numbers for Portland, U.S.
August’s home sales in the Portland area were the strongest in five years, according the Market Action report published by the RMLS last week. Home prices are also on the rise in Portland and across the US, a piece of good news that prompted coverage by the Associated Press and the Oregonian and gave hope […]
Stephen was just simply a fantastic realtor to work with in selling our home. If we had another 50 properties to sell, Stephen would be in charge of all of them. He was so professional in handling every detail of our sale, and he was so responsive to every question that came up in the course of our transaction. My wife and I are very thankful that we found Stephen.
Alan
