DIRKS REAL ESTATE REPORT

THIS WEEKS REAL ESTATE UPDATE

Numbers help tell a story.
Numbers are powerful, especially when it comes to real estate! Whether you are assess whether it’s a good time to buy, sale or invest these numbers can be very valuable in determining offers or best sales price! 
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Portland, OR 97230

Thu Feb 24 2022
This week the median list price for Portland, OR 97230 is $459,900 with the market action index hovering around 77. This is about the same as last month’s market action index of 77. Inventory has increased to 23. Click here to stay informed with the Portland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller’s Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Portland, OR 97220

Thu Feb 24 2022
This week the median list price for Portland, OR 97220 is $529,900 with the market action index hovering around 76. This is an increase over last month’s market action index of 66. Inventory has increased to 15. Click here to stay informed with the Portland market!

Fairview, OR 97024

Thu Feb 24 2022
This week the median list price for Fairview, OR 97024 is $459,900 with the market action index hovering around 71. This is about the same as last month’s market action index of 71. Inventory has increased to 4. Click here to stay informed with the Fairview market!

Troutdale, OR 97060

Thu Feb 24 2022
This week the median list price for Troutdale, OR 97060 is $1,039,500 with the market action index hovering around 86. This is an increase over last month’s market action index of 81. Inventory has decreased to 4. Click here to stay informed with the Troutdale market!

Gresham, OR 97080

Thu Feb 24 2022
This week the median list price for Gresham, OR 97080 is $532,000 with the market action index hovering around 79. This is an increase over last month’s market action index of 75. Inventory has held steady at or around 28. Click here to stay informed with the Gresham market

Portland, OR 97236

Thu Feb 24 2022
This week the median list price for Portland, OR 97236 is $587,450 with the market action index hovering around 79. This is an increase over last month’s market action index of 75. Inventory has increased to 28. Click here to stay informed with the Portland market!

Portland, OR 97211

Thu Feb 24 2022
This week the median list price for Portland, OR 97211 is $579,950 with the market action index hovering around 65. This is an increase over last month’s market action index of 62. Inventory has increased to 32. Click here to stay informed with the Portland market!

The Perks of Owning More Than One Home

Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to the recent Luxury Market Report from Luxury Home Marketing:

“As trends such as remote working and flexi-hours took hold in 2021, so too did the flexibility of relocating as well as the growth of second homeownership.”

Real Estate Voted the Best Investment Eight Years in a Row
In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment

Have you heard of HOMEBOT?
Find out everything you need to know about your homes current value here! Learn more

Are you thinking about selling your home?
FIND OUT HOW MUCH YOUR HOME IS WORTH?

Recipe of the week! 

Baked Buffalo Wings

INGREDIENTS

FOR THE BLUE CHEESE DIP:

• 3 ounces blue cheese, crumbled (about 3/4 cup)
• ¼ cup mayonnaise
• ¼ cup sour cream
• 1 tablespoon fresh lemon juice or apple cider vinegar
• 1 to 3 tablespoons milk or buttermilk, or to taste
•  Kosher salt and black pepper

FOR THE CHICKEN WINGS:

• 3 pounds chicken wings, or any combination of drumettes, wingettes and tips
• 1 tablespoon baking powder
•  Kosher salt and black pepper
• ⅓ cup Buffalo-style hot sauce, such as Frank’s
• 3 tablespoons unsalted butter, melted
• 2 tablespoons fresh lemon juice
• 2 garlic cloves, minced (about 2 teaspoons)

PREPARATION

• Make the blue cheese dip: In a small bowl, stir together blue cheese, mayonnaise, sour cream and lemon juice. Thin with milk until spoonable. Season with salt and pepper and set aside. (Dip keeps for up to 4 days in the refrigerator; thin as needed with more milk.)
• Place an oven rack 4 to 6 inches from the broiler. Heat the broiler.
• Prepare the chicken: Pat the wings dry. If the wings are not yet broken down into three pieces, cut each wing at the two joints. To do so, flip the wing over and wiggle each part to find the joint. Cut at the joint hinge to separate the meaty drumette from the wingette (also known as the flat) and the wingette from the smaller wing tip.
• In a large bowl, toss the baking powder with 1 tablespoon kosher salt. Add the wings and toss until evenly coated. Spread the wings in an even layer on a foil-lined baking sheet. (To prepare them in advance and allow them to dry-brine, let the wings sit out at room temperature for up to 1 hour after coating, or in the refrigerator overnight. Let them come to room temperature before proceeding.)
• Broil the wings in the oven until golden and crisp all over, turning halfway through, about 15 minutes per side.
• As wings cook, make the buffalo sauce: In a large bowl, stir together the hot sauce, butter, lemon juice and garlic. Season to taste with salt and pepper.
• Transfer the wings to the hot sauce-mixture and toss to coat. Using a slotted spoon, return the wings to the baking sheet, leaving extra sauce behind. Broil until sizzling and browned in spots, about 5 minutes. (Depending on your broiler, you may need to rotate the pan so all the food is exposed to the heat source.)
• Serve with extra buffalo sauce and the blue cheese dip.

3 Bedroom |  2.5 Bathroom

4 Bedroom |  2.5 Bathroom
2,240 SQ

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