Nick Krautter's (sellpdx) Blog

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Real Estate Broker/Owner - Keller Williams Realty / Portland Central
RECENT BLOG POSTS
Huge Jump in Sales866 homes sold in Portland this March, which is 300 more than February. Home sales are on track to match or exceed the all-time highs set in Summer of 2005. The market is still favoring sellers and promises to keep inventory low even before the Summer rush.Wild cards: As prices ...
04/07/2016
Zero Inventory in Overlook (Again)Zero inventory is usually a theoretical idea but for second time the Overlook neighborhood has zero homes available. This small part of Portland in zip code 97227 highlights the difficulty of trying to buy a home in Portland right now. I expect the inventory will...
03/16/2016
Sales at Seasonal Low566 homes sold in Portland this February, which is 7 more than January. Home sales are at normal winter levels after a late December rally. Even with lower sales the market is still favoring sellers and promises to keep inventory low even before the Spring and Summer rush.Wil...
03/02/2016
Earlier this month, extreme levels of arsenic and cadmium were discovered in the air and soil in two Portland areas that have left many residents concerned about long term environmental and health effects.While the state of Oregon conducts additional testing for pollutants in and around two local...
02/25/2016
Seller Activity Brings Inventory ReliefJanuary brought some inventory relief to the Portland real estate market, as the amount of new listings increased almost 64% over last month. Buyer activity increased 15.9% month over month, continuing to make the close-in market incredibly tight. However st...
02/17/2016
Low Inventory Puts Pressure on Sales559 homes sold in Portland this January, which is 296 less than December. Home sales are at normal winter levels after a late December rally. Even with lower sales the market is still favoring Sellers and promises to keep inventory low, even before the Spring a...
02/02/2016
Inventory Dramatically DropsMetro inventory levels hit a new 17-year low, down to 1.2 months in Portland in December, making the close-in market incredibly tight. The volume of sales remains high; however strong buyer activity continues to outpace the number of properties on the market. Pending s...
01/19/2016
Everyone knows the housing market in Portland is tight, but how few choices are there?I’m breaking down the numbers for you so you can see how many homes are available, how quick they’re selling, and what the average sales prices are right now. Even with this Seller’s market, we’re helping people...
01/19/2016
Year End Jump in Sales855 homes sold in Portland this December, which is 119 more than November. Home sales picked up right where they left off in the Fall, and this Winter is off to a solid start. The high number of sales promises to keep inventory low, even before the Spring and Summer rush.Wil...
01/06/2016
Weeks, Not Months of InventoryMetro inventory levels bumped up slightly to 2.0 months in Portland in November, but the close-in market is incredibly tight. Strong buyer activity has pending sales at new highs with fewer homes being listed to satisfy demand.This localized home inventory report hel...
12/16/2015
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Nick Krautter

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