PORTLAND OREGON 
REAL ESTATE

Celia Lyon
Principal Broker

503-260-6231

CeliaLyon@aol.com

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Facts About Portland Real Estate Values / Buyer – Seller Tips

Portland Real Estate Cycles


What makes most sense is the "buy and hold" strategy. Buy a home you expect to remain in for at least seven years or more. Portland is no different than most, although the Portland market does have it's own special circumstances.

Want to get a clear and up-to-date picture of the Portland real estate market? Call me at any time. I am happy to share my knowledge of the real estate market with homeowners and prospective homeowners who want to take advantage of market trends to buy and/or sell wisely.


Buying Portland Below Market


Isn’t that everyone’s dream? I hear it from prospective buyers almost every day and many of them want to find the perfect Portland home priced considerably under market. Is it possible? The answer may surprise you but often it is possible. You just need a sophisticated buying strategy.

Now the idea that you can simply decide one day to go house hunting and find just the Portland real estate you want priced way under market is pushing your luck. But if you take advantage of some of today’s Internet technology, do your homework and bide your time, you might find just what you are looking for. First let’s look at the technology.


Choosing Your Portland Neighborhood


The fact is that much of the value of Portland and real estate in general rests in its surrounding economic and social environment, which means it’s neighborhood. In addition to being located in the right neighborhood, the Portland that you buy must not clash with its surroundings. To picture what we mean here, visualize the most expensive home you can imagine and then place it in the middle of a run down neighborhood. Not so desirable is it?

To sum up, the Portland that you buy gets its value from a combination of the home’s location and its size, style, age and amenities. You can change the home’s size, style and amenities but you are stuck with the location.

What Makes Portland Sell?


The Condition affects its salability and possibly price. Portland that is in move-in condition will usually sell for a higher price than a home that suffers from deferred maintenance.

The Home’s Accessibility refers to just that. Is the Portland accessible to shopping and local transportation? For some this would be a necessity and for others, the more remote the better.

Marketing Exposure refers to how Portland is advertised. Today the Internet is a fantastic way to market a home but it is still true that the best service a listing agent can do for sellers is to promote the home heavily with local brokers and agents. The Internet and other advertising certainly help, but it is still true that in most cases it is the agent that sells the home by making sure the right buyers know about it.


Portland BARGAINS


A bargain exists in the mind of a buyer when entering into an agreement to exchange goods when the buyer thinks the price is favorable. Bargains can always be found in the Portland market if a buyer is patient and willing to wait for a truly motivated seller. In economic downturns many people believe that foreclosures and short sales are automatically bargains when, in fact, this may not be the case.



Portland GUIDE


One of the major benefits that experienced Portland agents and brokers provide for prospective buyers is a thorough knowledge of the area and the real estate market. Whether buying in a specific school district is important to you or making sure the home you buy is close to shopping and transportation, a knowledgeable agent is your bust Portland Guide.