Portland Real Estate
Jan 29th
- Image via Wikipedia
Portland, Oregon continued to suffer from a poorly performing real estate market during the month of August, with only insignificant increases in the median sales price and a slight decline in new and resale house and condominium sales. However, the slight declines and sluggish activity that took place in the last month or two didn’t concern real estate experts too much because historical data trends have shown Portland real estate markets to decline during the fourth quarter to be normal. Some experts have optimistic views of the real estate in Portland though, because some people believe that the Portland real estate is stabilizing and that the inventory of foreclosed or distressed properties in the region is on the decline, suggesting that the coming months may show increases in median sales and help bring the Portland real estate to higher levels.
According to DQNews.com, Portland real estate suffered from about an 11 percent drop in new and resale house and condominium sales between the months of July and August of 2009. The median sales price also showed an insignificant increase during the same time period by only 0.4 percent. Approximately 2,633 new and resale homes were sold in August, and the current median sales price in Portland is about $240,000. Home sales are currently 2.2 percent lower from the previous year, and median sales prices are down 11.1 percent from a year earlier. Realtors have reported that the number of foreclosed or distressed properties making up the total number of homes sold has decreased over the past few months, suggesting that the future months may bring improvements in the Portland real estate market.
According to Oregon Live, the median sales price in Portland was $242,000 by the end of 2009, which was actually a slight decrease from that of the previous month. Median sales prices also declined 3 percent from the beginning of 2009. Home sales also remain fairly sluggish, with only a 0.9 percent decrease from that of the previous month. Many realtors believe that 2010 will bring improvements with homebuyer incentives such as the federal tax credit, more affordable housing, and a better flow of credit.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_b.png?x-id=23498123-5432-4555-9708-b964d9a515a7)
South Oregon
Nov 21st
The market trends for real estate in South Oregon embodies the greater trends of the U.S. housing market. The area, since the beginning of the financial crisis that has been plaguing the country, has seen drops in existing and new home values and sales as the nation trudges along trying to work its way out of the recession.
However, activity has been up in recent months, giving positive indications that perhaps South Oregon real estate is beginning to swing to the up side. During the period of the months of August, September and October of this year, according to the Southern Oregon Multiple Listing Service, sales volume has increased quite a bit, from 2008’s clip of 394 to 501.
Coinciding with this increase in sales activity is a decline in the average number of days homes for sale in South Oregon have spent on the market before selling. In 2008 during this period it was 104; this year, it fell to 80. Much of the increase in sales volume can be attributed to the government’s stimulus program to provide tax incentives to first-time home buyers. The program was recently extended by Congress in the hopes of continuing to buoy the real estate market.
Though sales activity is up in South Oregon, home values have still not recovered to their pre-crash levels. In 2008, the median sale price for a home was $237,500 during the August-October period; this year, the price was just $185,000, even lower than 2004’s median price of under $215,000, and enough for a 13.9% drop over the five-year period. New homes, too, have seen a decline in value, from just under $240,000 in 2004 to 2009’s $200,000. It remains to be seen whether those highs of recent years will be met again.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_b.png?x-id=45c5d04b-7294-4aa2-bf91-928105a9d2a5)
Medford Real Estate Update 2009
Nov 21st
The recovery of the Medford real estate market has been typical of most average markets in the country. The market fell in late 2007-early 2008 at the beginning of the U.S. financial crisis and has been struggling to climb back up from its fall ever since.
However, some signs show real estate in Medford is showing improvement and is grasping for a return to normalcy. According to statistics obtained from the Southern Oregon Multiple Listing Service, sales volume over the most recent quarter is up, and the average number of days homes for sale in Medford are spending on the market is in the decline, both positive signs.
For the quarter ended Oct. 31, sales activity in East Medford was up to 138 from 114 last year, while volume in West Medford nearly doubled, from 58 last year to 109 this year. The time for homes on the market is down as well, down to 79 from 104 in East Medford and down to 59 from 80 in West Medford.
The problem still plaguing the area, however, is home values. Though sales activity is up, sales prices are down and many sellers are forced to make steep price cuts in order to get their homes off the market. The median price for this quarter was $147,000 in East Medford, down 12.2% from last year’s prices and 16% over a five-year period. West Medford has seen median price fall this year to $193,700, down 17.6% from a year earlier and 27.3% during the five-year period. http://www.jacstats.com/ Examining the month of October, for example, shows that the median sales price in East Medford fell by nearly 40% year over year, from $300,000 last October to just $185,000 during the month this year. West Medford actually saw an improvement in price during October. Last year’s price was around $147,500 during October; this year, it rose slightly to almost $150,000.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_b.png?x-id=8c07bf7c-3b79-48cb-bb67-f5ecc397c43c)
Portland Pics
Oct 26th
- Image by brentdanley via Flickr
Impressive galleries made easy.
SmugMug’s mantras are ease of use and style. Easy for you to upload and arrange. Easy for your admirers to navigate and buy.
Luscious slideshows.
It’s easy to embed a silky-smooth Flash slideshow in your homepage or blogs. And you can enable impressive full-screen Flash slideshows.
Your own look and brand.
You can replace SmugMug’s logo, header, footer, and color scheme with your own.
Examples:
Or just pick a pre-made theme.
Unlimited storage and traffic.
SmugMug won’t ask you to delete photos to make room for new ones because your quota at SmugMug is unlimited.
Embed your photos, slideshows and videos in forums, blogs and web pages. Invite millions to see your galleries because traffic is unlimited.
Price and sell.
Set your prices and make 85% of the markup. Sell digital downloads in three sizes with personal or commercial use licenses. SmugMug will take the order, pay the credit card processing fee, ship prints to your customer, provide stellar customer support and real-time reporting of sales.
Set prices by the image, by the gallery, or across your portfolio. Setting the price to zero removes it from your catalog.
We pay profits monthly when they exceed $500, and roll them into the next month’s payment if they don’t. We pay quarterly for profits of $200 — or upon request for any amount.
Choice of labs.
Print through Bay Photo, a professional lab we selected after an extensive shootout and consulting with our professional customers, or a prosumer lab in Georgia named EZ Prints with outstanding quality, quick turnaround, broad selection and wholesale prices.
We provide calibration prints and ICC profiles for color management. Our catalog includes hard-to-find print sizes in matte, gloss, lustre, metallic, canvas, and Giclée watercolor.
Print what you want on the backs of prints. Use our proofing feature to delay processing so you can retouch and replace the images ordered.
Control your galleries.
We’re obsessed with the viewing experience and know you are too. Don’t want an order prints button? Eliminate it. No share button, no camera details, no comments? Delete them.
Assistant password.
Give it to as many as you’d like to empower uploading and arranging, but not deleting.
Protect your images.
Automatically apply custom watermarks as you add photos. It won’t affect your prints. Turn on right-click protection. Choose a largest display size.
Make any gallery unlisted. Or password-protected. Send clients to a group of unlisted galleries via a single URL. More
White glove support.
SmugMug is known all over the Internet for having superb support, which includes fast answers to email 365 days per year. Try us.
Safe and sound.
In addition to archiving your files safely on both coasts, SmugMug has been in business and profitable for over 5 years with no debt. We’re family-owned and passionate about SmugMug.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_b.png?x-id=04a02686-fd2c-4866-8164-3e5a5cbd0b8c)