Happy New Year! I hope you had a wonderful holiday season and I wish you and yours a healthy, happy, and peaceful 2025. It’s time to discuss what to expect with the Portland metro real estate market in 2025. The biggest question looming over the market at this point is what will happen with interest … Continue reading "2025 Portland Real Estate Market Forecast"

The data from the last Portland real estate market update is pretty fascinating and truly a mixed bag. There were some really big swings in new listings, pending sales, and closed sales, as you can see in the image below. One can expect November numbers to be lower than October numbers from the same year, … Continue reading "Portland Real Estate Market Update – December, 2024"

In the beautiful Portland suburb of Tualatin, Oregon, we just completed a swift sale at 9110 SW Apache Dr. Tucked away on a serene street, this tranquil tri-level residence captured attention quickly, thanks to its inviting layout and promising potential. Sold in a mere five days by the professional Realtor Andy Harris of Foris Real … Continue reading "A Swift Sale at 9110 SW Apache Dr, Tualatin – Sold in Just 5 Days!"

Curious what’s going on in the Portland real estate market? Local real estate broker Andy Harris shares data on pricing, inventory, days on the market, pending, active, closed sales, and interest rates. Check out this short video to learn the latest market trends! Please reach out with any questions or to discuss how the market might impact … Continue reading "Portland Real Estate Market Update, April, 2024"

In this video, I discuss the current state of the residential real estate market in Portland, Oregon as of January 2024. I provide insights into the market trends, including interest rates, median sale prices, and activity levels. Despite the increase in interest rates, the market has maintained its stability, with prices even showing a 3.4% … Continue reading "Portland Real Estate Market Update – January, 2024 – A Recap of the 2023 Market, Where We Are Heading and More!"

Buyers and sellers of real estate really need to understand how the yearly appreciation tends to play out here in the Portland, Oregon market. By understanding how appreciation happens here, buyers and sellers can potentially save or make ten’s of thousands of dollars by timing the market. Certainly there’s no guarantee, but the past can … Continue reading "Potentially Save or Make Thousands of Dollars by Timing the Real Estate Market in Portland, Oregon"

The real estate market has been on an incredible journey over the past few years in Portland, Oregon. Local Realtor Andy Harris of Foris Real Estate shares the latest market information, stats and data to help you understand where the market is today. He touches on housing prices, interest rates, listing and sold activity, among … Continue reading "Portland Real Estate Market Update – November, 2023"

In this video, Portland Realtor Andy Harris reviews this month’s inventory levels, median house price figures, interest rates, and more for the residential real estate market. He also takes a look at the most recent Portland net migration figures, which are important for projecting housing demand moving forward. If you have any questions about the … Continue reading "Portland Real Estate Market Update – August 2023"

Local Realtor Andy Harris from Foris Real Estate shares and interprets the latest data for the residential real estate market in Portland, Oregon. He also discusses how the end of 2023 might play out based on some of the data that he is seeing. Will it mirror 2022, or chart its own course? Dive in … Continue reading "Real Estate Market Update in Portland, Oregon – July 2023"

In this video I share with you the latest market data for the residential real estate market in the Portland, Oregon metro area. The data is from May 2023, and it shows that interest rates are up a little bit from earlier in the year. However, there has been some solid news on the inflation … Continue reading "Portland, OR Real Estate Market Update – May, 2023"

Portland, Oregon Realtor® Andy Harris shares some key data and insight into the latest happenings in the residential real estate market. He dives into the local market inventory, median home prices, closed sales, pending sales, and active sales levels. Both home buyers and home sellers will find this to be very useful information as they … Continue reading "Portland Real Estate Market Update – April, 2023"

Spring may be the best time to list your home if you’re timing the market.

The Portland Metro residential real estate market is constantly changing, and there are several market indicators that have made big swings lately.

Why our housing market is changing and what it means for you.

Here is the May, 2022 Portland metro real estate market data that was just released by the RMLS. The big news this month was that inventory hit 1+ months for the first time since September, 2021 when it was at 1.1 months. Housing inventory is finally starting to head up from record lows. If you […]

2021 is shaping up to be an extremely dynamic real estate market here in Portland! January was red hot, activity high, and often buyers competing with several other buyers over the same property. What happens from here? That’s what I try to answer here with a bit of history and data to support my best […]

The Portland real estate market was unique and pretty fascinating to watch unfold in 2020. It wasn’t like any other year I have experienced in my roughly 12 years in real estate, and that certainly includes the market collapse of 2008. In this video, I take a dive into the local Portland residential real estate […]

If you’re curious about the current state of the residential real estate market in Portland, Oregon, this video is for you! Experienced real estate broker, Andy Harris, shares several charts and in-depth data to give you a taste of where the market has been historically, and where we might be headed. This October, 2020 market […]

The Portland, OR residential real estate market has been red hot during the 2nd half of 2020. Razor thin inventory levels have led to appreciation rates that few predicted for the this year. Andy Harris, an Oregon & Washington licensed real estate broker, shares some of the data and details into what’s been happening in […]

The HEAT index below shows how real estate professionals in various U.S. markets are classifying their areas. These can be low heat, medium heat or high heat. Portland, like much of the country, is a “high heat” area with high levels of activity. I wholeheartedly agree with this. The second page shows more information specific […]