As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. Read more
Fun Things to do this week…
What do wild animals, elephant ears, hot cocoa, and over half a million lights have in common? You can find ’em all at ZooLights, a Portland holiday requisite that includes a drive-through option on select dates again this year.
When: Mon – Sun, through Jan 5, 4:30 – 9:30 pm
Where: Oregon Zoo Southwest Portland
4001 SW Canyon Rd. Portland, OR 97231
With countless twinkling Christmas lights and holiday concerts that transform the scenic sanctuary into a massive choral festival, there’s a reason The Grotto’s annual Festival of Lights is a long-held Portland tradition.
When: Every day, through Dec 30
Where: The Grotto NE
85th & Sandy Portland, OR 97294
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 Dec 28 2022
This week the median list price for Portland, OR 97230 is $439,950 with the market action index hovering around 40. This is about the same as last month’s market action index of 40. Inventory has decreased to 59. 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 Dec 28 2022
This week the median list price for Portland, OR 97220 is $439,950 with the market action index hovering around 36. This is less than last month’s market action index of 40. Inventory has decreased to 49. Click here to stay informed with the Portland market!
Fairview, OR 97024
Wed Dec 28 2022
This week the median list price for Fairview, OR 97024 is $499,900 with the market action index hovering around 39. This is an increase over last month’s market action index of 36. Inventory has decreased to 9. Click here to stay informed with the Fairview market!
Troutdale, OR 97060
Wed Dec 28 2022
This week the median list price for Troutdale, OR 97060 is $488,888 with the market action index hovering around 46. This is an increase over last month’s market action index of 43. Inventory has decreased to 17. Click here to stay informed with the Troutdale market!
Gresham, OR 97080
Wed Dec 28 2022
This week the median list price for Gresham, OR 97080 is $525,900 with the market action index hovering around 40. This is less than last month’s market action index of 41. Inventory has decreased to 80. Click here to stay informed with the Gresham market!
Portland, OR 97236
Wed Dec 28 2022
This week the median list price for Portland, OR 97236 is $549,450 with the market action index hovering around 37. This is an increase over last month’s market action index of 36. Inventory has decreased to 64. Click here to stay informed with the Portland market!
Portland, OR 97211
Wed Dec 28 2022
This week the median list price for Portland, OR 97211 is $574,500 with the market action index hovering around 43. This is less than last month’s market action index of 46. Inventory has decreased to 63. Click here to stay informed with the Portland market!
What Makes a House a Home?
Financial Fundamentals for First-Time Homebuyers
Have you heard of HOMEBOT?
Find out everything you need to know about your homes current value here! Learn more
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FIND OUT HOW MUCH YOUR HOME IS WORTH?
RECIPE OF THE WEEK!
Breaded Sea Scallops
Ingredient Checklist
- 1 large egg
- 1/3 cup mashed potato flakes
- 1/3 cup seasoned bread crumbs
- 1/8 teaspoon salt
- 1/8 teaspoon pepper
- 6 sea scallops (about 3/4 pound)
- 2 tablespoons all-purpose flour
- 2 tablespoons butter
- 1 tablespoon canola oil
Instructions Checklist
- In a shallow bowl, lightly beat egg. In another bowl, toss potato flakes and bread crumbs with salt and pepper. In a third bowl, toss scallops with flour to coat lightly. Dip in egg, then in potato mixture, patting to adhere.
- In a large skillet, heat butter and oil over medium heat. Add scallops; cook until golden brown and scallops are firm and opaque, 2-3 minutes per side.
Nutrition Facts
3 scallops: 454 calories, 23g fat (9g saturated fat), 164mg cholesterol, 1262mg sodium, 33g carbohydrate (2g sugars, 2g fiber), 28g protein.
Stovetop Hot Chocolate
Ingredient Checklist
- 2 cups confectioners’ sugar
- 3/4 cup sugar
- 1/2 cup baking cocoa
- 1/2 teaspoon salt
- 5-1/2 cups water
- Large marshmallows, optional
Instructions Checklist
- In a large saucepan, mix the sugars, cocoa and salt; gradually stir in water. Bring to a boil over medium heat, stirring constantly. Cook and stir for 2 minutes. Ladle into mugs. If desired, top with marshmallows.
Nutrition Facts
1 cup: 273 calories, 1g fat (0 saturated fat), 0 cholesterol, 198mg sodium, 69g carbohydrate (64g sugars, 1g fiber), 1g protein.
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