Feb. 15, 2018

February 2018 Housing Report

RMLS™, “The Source for Real Estate Statistics,” has released its residential review for the Metro Portland Area providing marketing statistics for the January 2018 Reporting Period.  We remain in a Seller's market ... RMLS™ indicates it was the strongest January for pending sales since 2007. 

Fairstone.comBelow are the key indicators of the real estate trends through the month of January 2018:

New Listings:  2,486 (increase of 12.4% over January 2017)
Pending Sales:  2,311 (increase of 16.1 % over January 2017)

View More
Posted in Market Updates
Feb. 14, 2018

Happy Valentine's Day

Fairstone.com  Valentine's 2018 In case you're still looking for that "nice and extravagant present" this is a fun site!

And this is just one of our favorite florists.

Jan. 14, 2018

January 2018 Housing Report

RMLS™, “The Source for Real Estate Statistics,” has released its residential review for the Metro Portland Area providing marketing statistics for the December 2017 Reporting Period.  We remain in a Seller's market ... RMLS™ indicates that "this was the strongest December for new listings since 2011." 

Below are key indicators of the real estate trends through the month of December 2017.  View the most recent report for all the market statistics and trends including two of the report indicates the "Avg. Sale Price % Change" for each area.  Note that market conditions can vary greatly by area and price point.  If you have questions about what this means for you, please welcome to contact me directly to discuss.

View More
Posted in Market Updates
Jan. 7, 2018

Real Estate 2018: What to Expect


As we head into a new year, the most common question we receive is, “What’s the outlook for real estate in 2018?”

It’s not just potential sellers and purchasers who are curious, homeowners also want reassurance their property values are increasing.  The good news is that a strong U.S. economy, coupled with low unemployment rates, is expected to drive continued real estate growth in 2018.  However, changes on the horizon could significantly impact you if you plan to purchase, sell, or refinance this year.

HOME VALUES WILL CONTINUE TO RISE

View More
Posted in Real Estate News
Jan. 1, 2018

Happy New Year

  

 

Happy New Year!  And let's all meet our real estate goals!

 

 

Dec. 25, 2017

Merry Christmas Everyone!

 

 

Merry Christmas, Happy Holidays, Happy New Year, and May God Richly Bless You!

 

 

Dec. 15, 2017

December 2017 Housing Report

The Portland Metropolitan Area Real Estate Market continues to favor Sellers over Purchasers.  RMLS™, The Source for Real Estate Statistics’ most recent report indicates that while the prices of homes being offered for sale continue to increase, the numbers of homes being offered for sale continue to decrease.  However, we're seeing less and less multiple offer situations, a relief for Purchasers, as well as more listing price reductions.2017 Numbers Fairstone

View More
Posted in Market Updates
Sept. 17, 2017

Fairstone's Guide to Hiring an Agent

Whether you're selling or purchasing a home or property, it’s crucial to work with a qualified real estate agent. Not just a professional, a knowledgeable, experienced agent and market expert.  So how do you ensure you hiring the right real estate agent?

There are currently more than two million real estate professionals in North America.1,2  With so many options to choose from, how does a prospective home seller or buyer choose the right agent or broker?  According to the National Association of Realtors®, trust and reputation are the top deciding factors consumers use when hiring an agent.3

But how do you measure trust and reputation … and what criteria can be used to help you make your decision?

In this guide, we’ve outlined the top attributes that amazing agents possess, as well as the questions you can ask to make sure you’re working with the right market expert to achieve your real estate goals.

Five Attributes of an Amazing Agent

Not all real estate professionals are the same and it’s easy to be overwhelmed by the options and information about working with real estate professionals to buy or sell your home. In fact, many real estate markets are over-saturated with agents.

To help you understand what makes top agents and market  experts stand apart from the competition, following are five key attributes of an amazing agent:

View More
Posted in Buying, Selling
Nov. 12, 2016

Metro Portland Real Estate Market, October 2016

Market stats as of the end of October 2016 indicate the Portland Metro area real estate market continues to cool. And, although values continue to climb, the numbers of new, pending, and sold listings all decreased in October while the average time on the market increased to 41 days.

View More
Posted in Market Updates
Oct. 17, 2016

Metro Portland Real Estate Market, September 2016

Although still a Seller’s market, the number of pending and sold sales both fell perhaps signalling a movement towards a more balanced market.

There were 3673 new listings in September 2015 (bring total active listings in Portland Metro to 5614). RMLS™ reports that this was the best September in the metro region since 2008, when 4,200 new listings were offered for the month.

View More
Posted in Market Updates