Portland-area real estate: 10 places where home prices are falling

By Elliot Njus | The Oregonian/OregonLive | Posted August 09, 2018 at 06:00 AM | Updated August 09, 2018 at 08:19 AM

Posted on August 14, 2018 at 12:00 am
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Pending Home Sales Down

By Steve Murray, President of Real Trends

The National Association of Realtors reported that their Pending Home Sales index reflected the fifth month in a row of declining home sales on an annualized basis. Five months of declining pending home sales indicate more than a seasonal flutter.

As with others, I look around and listen to brokerage firms in the Denver area, as well as in other areas. What I’ve heard is that even sky-high markets like Seattle and Denver are seeing increased inventory and a decrease in the aggressiveness of buyers in mid- to upper-price ranges regarding multi-offer situations. We’ve read about this same situation in other markets as well – declining home sale units and increased inventory. The Real Deal and other publications, for instance, are reporting this about the New York City market.

Posted on August 8, 2018 at 7:13 pm
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NEW LISTING | Arlington Heights

Posted on August 6, 2018 at 11:36 pm
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1961 SW Vista Avenue | $1,895,000

The house designed by the firm of Foulkes and Hogue in 1913 for Dr. Ami Nichols is a prime example of Colonial Revival architecture in Portland. Well maintained at 1961 SW Vista Avenue, the Nichols House is an anchor for the other excellent Colonial Revival houses in its immediate neighborhood. In most aspects, the plan and façade are symmetrical. There is a hipped central roof and a kitchen wing to the rear. A large portico with balcony faces east toward the city, and it is supported by four Ionic columns, a design repeated in the corner pilasters. The house’s fine cornice is supported by modillions, and the entablature is dignified by egg-and-dart molding, all accomplished with unparalleled craftsmanship. The details extend to the recessed entrance porch and balcony above. At the entrance level, concave niches with a shell motif at the top align on either side of the entrance door. The main floor windows are unusual, with 1/1 panes and a transom light above. Quality of detailing is also found in the interior, where Ionic column theme is repeated in the large entrance hall. Further Colonial Revival characteristics are seen in the main stair, the built-in dining room buffet, and the fireplaces.

Classic Homes of Portland, Oregon 1850-1950, William J. Hawkins, III, and William F. Willingham

Posted on August 6, 2018 at 11:34 pm
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Mesmerizing Views | NW Portland

Posted on July 30, 2018 at 10:25 pm
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SW Portland Modern | $1,795,000

Posted on July 30, 2018 at 10:09 pm
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2731 SW Greenway Avenue | $935,000

This functional residence exudes unpretentious charm and a relaxed but refined lifestyle. The home features fresh paint colors, wood floors, an eat-in kitchen, extensive moldings and high ceilings. The custom craftsmanship makes this a wonderful combination of light interiors and facilitates a wide range of entertaining styles. Enjoy a lovely courtyard and expansive decks. Ideally located close to OHSU, NW 23rd, city & high tech.

Posted on July 25, 2018 at 8:16 pm
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Bridlemile Newer Construction | $1,375,000

Posted on July 10, 2018 at 12:08 am
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5350 NW Rubicon Lane

 

This estate is architecture at its visionary best: It engages, exhilarates and inspires. Casual daily living and lavish entertaining are embraced within this versatile residence. The fenced yard and gardens include a pool & spa, putting green, bocce court, water feature and outdoor dining area with a fireplace & built-in BBQ. This property is ideal for both formal and informal gatherings. Close to High Tech, Forest Park and NW Portland. For more information click here. 

Posted on June 6, 2018 at 12:19 am
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Wishing Everyone a Safe and Happy Memorial Day

Posted on May 28, 2018 at 7:45 am
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