If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.
Let’s connect to find out how much equity you have in your current home and how you can use it to fuel your next purchase.
Fun Things to do this week…
The seventh annual Lunar New Year Dragon Dance Parade and Celebration will roar through downtown to welcome the Year of the Rabbit, complete with lion dancers, performers, a community parade, and a colorful 150-foot dragon.
When: Sat, Jan 28, 10 am – 1 pm
Where: Portland Chinatown Museum Old Town-Chinatown
127 NW 3rd Portland, Oregon 97209
Welcome the Year of the Rabbit at this Chinese New Year celebration, which will include several evenings of cultural programming, red lantern viewings, and more. Inspired by the Lantern Festival, or Yuan Xian Jie, the nights of festivities will include a glowy dragon procession throughout the garden, a chopstick challenge, and tea and bites at the garden’s teahouse.
When: Jan 26 – Feb 5, 2023
Where: Lan Su Chinese Garden Old Town-Chinatown
239 NW Everett Portland, OR 97201
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 Jan 25 2023
This week the median list price for Portland, OR 97230 is $449,900 with the market action index hovering around 42. This is an increase over last month’s market action index of 40. Inventory has decreased to 42. 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
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Portland, OR 97220
Wed Jan 25 2023
This week the median list price for Portland, OR 97220 is $449,950 with the market action index hovering around 41. This is an increase over last month’s market action index of 36. Inventory has decreased to 30. Click here to stay informed with the Portland market!
Fairview, OR 97024
Wed Jan 25 2023
This week the median list price for Fairview, OR 97024 is $499,450 with the market action index hovering around 41. This is an increase over last month’s market action index of 38. Inventory has decreased to 6. Click here to stay informed with the Fairview market!
Troutdale, OR 97060
Wed Jan 25 2023
This week the median list price for Troutdale, OR 97060 is $510,000 with the market action index hovering around 46. This is less than last month’s market action index of 47. Inventory has decreased to 14. Click here to stay informed with the Troutdale market!
Gresham, OR 97080
Wed Jan 25 2023
This week the median list price for Gresham, OR 97080 is $525,450 with the market action index hovering around 41. This is less than last month’s market action index of 42. Inventory has decreased to 72. Click here to stay informed with the Gresham market!
Portland, OR 97236
Wed Jan 25 2023
This week the median list price for Portland, OR 97236 is $539,900 with the market action index hovering around 38. This is an increase over last month’s market action index of 37. Inventory has decreased to 53. Click here to stay informed with the Portland market!
Portland, OR 97211
Wed Jan 25 2023
This week the median list price for Portland, OR 97211 is $590,000 with the market action index hovering around 45. This is an increase over last month’s market action index of 43. Inventory has decreased to 37. Click here to stay informed with the Portland market!
Pre-Approval in 2023: What You Need To Know
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Find out everything you need to know about your homes current value here! Learn more
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RECIPE OF THE WEEK!
Caribbean Chicken Stew
Ingredient Checklist
- 1/4 cup ketchup
- 3 garlic cloves, minced
- 1 tablespoon sugar
- 1 tablespoon hot pepper sauce
- 1 teaspoon browning sauce, optional
- 1 teaspoon dried basil
- 1 teaspoon dried thyme
- 1 teaspoon paprika
- 1/2 teaspoon salt
- 1/2 teaspoon dried oregano
- 1/2 teaspoon ground allspice
- 1/2 teaspoon pepper
- 8 bone-in chicken thighs (about 3 pounds), skin removed
- 1 pound fully cooked andouille chicken sausage links, sliced
- 1 medium onion, finely chopped
- 2 medium carrots, finely chopped
- 2 celery ribs, finely chopped
- Hot cooked rice, optional
Instructions Checklist
- In a bowl, combine ketchup, garlic, sugar, pepper sauce and, if desired, browning sauce; stir in seasonings. Add chicken thighs, sausage and vegetables. Cover; refrigerate 8 hours or overnight.
- Transfer chicken mixture to a 4- or 5-qt. slow cooker. Cook, covered, on low until chicken is tender, 6-8 hours. If desired, serve with rice.
Nutrition Facts
1 serving: 309 calories, 14g fat (4g saturated fat), 131mg cholesterol, 666mg sodium, 9g carbohydrate (6g sugars, 1g fiber), 35g protein. Diabetic Exchanges: 5 lean meat, 1/2 starch.
Espresso Martini
Instructions Checklist
- 1 oz. or 1 shot espresso or cold brew concentrate
- 1 oz. coffee liqueur such as Kahlúa or Mr. Black
- 1/2 oz. simple syrup
- 1 1/2 oz. vodka
Instructions Checklist
- Add all ingredients to shaker and shake vigorously to completely chill the hot espresso and create foam (15 seconds).
- Double strain into a coupe glass. Cover half the top of the glass with a paper towel and dust the other half with espresso or cocoa powder. Garnish the plain side of the glass with coffee beans.
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