Archives November 2012

Nov
28
2012

Home-price gains in Portland, other major cities reported for six months straight

Home prices rose slightly in the Portland area and in other major U.S. cities in September, marking six straight months of gains since the housing market started its recovery. Portland metro home prices rose 0.21 percent for the month, according to the Standard & Poor’s/Case Shiller home price index released Tuesday. Compared with a year […]

Nov
15
2012

Surge in Portland-Area Home Sales Shrinks Supply

Portland-area home sales took off in October, leaving behind a new low in the supply of homes for sale. Figures released Wednesday by the Regional Multiple Listing Service show 2,103 metro homes sold during the month, an increase of 42.7 percent from a year ago and 11 percent from a month earlier. The surge in […]

Nov
15
2012

Fewer Metro-Area Homeowners Underwater

The number of underwater mortgage holders in the Portland area fell nearly 4 percent between July and September, according to real estate information website Zillow. The firm says 29.3 percent of Portland-area homeowners owe more on their mortgage than their home is worth. Together, those 123,000 homeowners are upside-down by more than $8 billion. The […]

Nov
7
2012

Attend a Neil Kelly Workshop

Neil Kelly Company is offering free remodeling workshops Nov. 10th and Nov. 17th at its Westside Design Center, 15573 SW Bangy Rd, Lake Oswego. The workshops started in 1974 at Portland Community College campuses and local high schools as a way for area homeowners to learn more about their homes, understand the remodeling process and […]

Nov
5
2012

Home Prices Rise in Portland, Other Major Cities

Home prices rose in Portland and most other major U.S. cities in August, another positive sign for the recovering housing market. Portland-area home prices rose half a percent in August and 3.6 percent compared with the same month a year ago, according to the Standard & Poor’s/Case-Shiller home price index, released Tuesday. “The sustained good […]

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