Fun Things to do this week…
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! PLEASE FEEL FREE TO REACH OUT WITH ANY QUESTIONS
Portland, OR 97230
Wed Nov 16 2022
This week the median list price for Portland, OR 97230 is $449,900 with the market action index hovering around 42. This is less than last month’s market action index of 44. Inventory has increased to 85. 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
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Portland, OR 97220
Wed Nov 16 2022
This week the median list price for Portland, OR 97220 is $450,000 with the market action index hovering around 39. This is less than last month’s market action index of 41. Inventory has decreased to 71. Click here to stay informed with the Portland market!
Fairview, OR 97024
Wed Nov 16 2022
This week the median list price for Fairview, OR 97024 is $499,000 with the market action index hovering around 41. This is less than last month’s market action index of 44. Inventory has increased to 15. Click here to stay informed with the Fairview market!
Troutdale, OR 97060
Wed Nov 16 2022
This week the median list price for Troutdale, OR 97060 is $499,900 with the market action index hovering around 43. This is less than last month’s market action index of 50. Inventory has increased to 31. Click here to stay informed with the Troutdale market!
Gresham, OR 97080
Wed Nov 16 2022
This week the median list price for Gresham, OR 97080 is $525,000 with the market action index hovering around 39. This is less than last month’s market action index of 41. Inventory has increased to 130. Click here to stay informed with the Gresham market!
Portland, OR 97236
Wed Nov 16 2022
This week the median list price for Portland, OR 97236 is $519,000 with the market action index hovering around 37. This is about the same as last month’s market action index of 37. Inventory has decreased to 79. Click here to stay informed with the Portland market!
Portland, OR 97211
Wed Nov 16 2022
This week the median list price for Portland, OR 97211 is $572,500 with the market action index hovering around 45. This is less than last month’s market action index of 47. Inventory has held steady at or around 78. Click here to stay informed with the Portland market!
What’s Ahead for Home Prices?
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RECIPE OF THE WEEK!
INSTANT POT CHICKEN ENCHILADAS
Ingredient Checklist
- 2 Cups Chicken broth
- 1/2 Lb Boneless skinless chicken breast
- 1 Tbsp Olive oil
- 1/2 Cup Onion, diced
- 1 Tbsp Garlic, minced
- 1 Cup Fire roasted tomatoes
- 6 Tbsp Salsa
- 1/2 tsp Chili powder
- 1/4 tsp Cumin
- 1/4 tsp Paprika
- 1/4 tsp Crushed red pepper flakes (optional)
- Salt and pepper
- 1/2 Cup Corn kernels (thawed if frozen)
- 8 8 Inch corn tortillas
- 1 1/2 Cups Organic Red Enchilada sauce
- 1 Cup Cheddar cheese, grated
- Cilantro, for garnish
Instructions Checklist
- Pre heat your oven to 350 degrees. Place the chicken broth in the Instant Pot. Salt the chicken and add it to the Instant Pot. Cover and set to “sealing” and cook on manual high pressure for 15 minutes.
- Once cooked, do an Instant steam release, drain the stock and shred the chicken.
- Heat the oil in the Instant Pot on Sautee Mode. Cook the chopped onion and garlic until soft, about 1-2 minutes.
- Place the fire roasted tomatoes in a small food processor (mine is 3 cups) and blend until well combined.
- Stir the blended tomatoes, salsa, chili powder, cumin, paprika and red pepper flakes, if using, into the onion mixture. Season to taste with salt and pepper.
- Take one tortilla and place 2 Tablespoons of the tomato sauce in a line along the bottom portion. Top with 1 Tablespoon of the thawed corn and 1/4 cup of shredded chicken. Roll up tightly and place in the bottom of a large baking dish. Repeat with all tortillas – you should be able to fit them in one layer.
- Pour the enchilada sauce on top and sprinkle with cheese. Bake in the oven until the cheese is melted, about 20 minutes.
- Garnish with cilantro and avocado and DEVOUR!
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