agent503 Recent Blog Posts

Portland Condo Sales Report
on Oct 21, 2009 in 503 - Condos 97201 97209 97210 97239 portland condos Portland City Center Condo Prices Down 10% So Far This Year Median price points for condos sold in Portland’s city center continued to drop in the third quarter of this year. The 12-month rolling average for September came in just above the 300...



John Ross Condos Responds To Atwater Auction
on Oct 9, 2009 in 503 - Condos 503 - South Waterfront 97239 john ross condos portland condos south waterfront condos Sales Pick Up As John Ross Drops Prices Below $300/SF As expected the John Ross has bowed to the pressure unleashed by the recent Atwater auction, which had forced price points below the $300/SF mark. With roughly 80 units left to sell, the inferi...



Was Half A Million Dollars, now 300k
on Oct 5, 2009 in 503 - Desperate Sellers 97086 97201 97209 97239 desperate sellers database happy valley homes happy valley oregon portland condos Portland homes portland real estate Record Number Of Drops Into The 300k Range Among the almost 300 properties included in the Desperate Sellers Database, a record number have dropped within reach of the first-time home-buyer, rendering the 300k price range the largest single price cat...



Atwater Auction Aftermath Round I
on Sep 28, 2009 in 503 - Condos 503 - South Waterfront Next Round Of Atwater Condos Released At 5% Above Auction Results Within a week after the first round of Atwater condos were auctioned off, the consortium has released the new pricing for selected units. Here’s an excerpt of where we are at: -U...



What Happened At The Atwater Auction Doesn’t Need To Stay At The Auction
on Sep 21, 2009 in 503 - Condos 503 - South Waterfront 97239 atwater auction results portland condo auction south waterfront condos All But One Condo Sell At Auction It was a jam packed event with the usual hype and energy that these kinds of events generate. Although many people were evidently just attending out of curiosity, the bidding turned out to be more serious and competi...



Best Of Bank-Owned Luxury Homes
on Sep 10, 2009 in 503 - Foreclosures Portland Bank Owned portland luxury homes portland million-dollar homes Portland REOs Foreclosures Increasingly A Problem For The Wealthy Gone are the days when foreclosures where largely contained to subprime loans.  These days roughly one-third of the people who are falling behind on their mortgages are in traditional “prime&...