DIRKS REAL ESTATE REPORT (WEEK 09- 2024)

HOW TO CHOOSE THE RIGHT ESTATE SALES COMPANY

When the time comes to liquidate a family member’s estate, the process can feel overwhelming. Choosing the right estate sales company is crucial to ensure a smooth, respectful, and profitable sale. This blog post will guide you through the selection process, highlight key questions to ask potential companies, and how to ensure you’re making the best choice for your family’s needs. Read more

Fun Things to do this week…

Oregon Craft Beer Month
It’s the hoppiest time of the year for brewheads: Oregon Craft Beer Month! Mark your calendar for a plethora of beer-based programming throughout February, including special releases, brewery highlights, and more, organized with the aim of stoking activity during one of the slowest months of the year for small businesses.
When:  Every day, through Feb 25

2024 Biamp Portland Jazz Festival
Biamp PDX Jazz Festival is back for its 21st annual celebration of jazz music. The stacked lineup features a jaw-dropping mix of award-winning masters and a new wave of musicians who are innovating…
When: Every day, through March 2

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 Feb 21 2024
This week the median list price for Portland, OR 97230 is $492,500 with the market action index hovering around 53. This is less than last month’s market action index of 54. Inventory has increased to 36. 

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
Wed Feb 21 2024
This week the median list price for Portland, OR 97220 is $450,000 with the market action index hovering around 49. This is an increase over last month’s market action index of 47. Inventory has decreased to 21.

Fairview, OR 97024
Wed Feb 21 2024
This week the median list price for Fairview, OR 97024 is $679,978 with the market action index hovering around 43. This is less than last month’s market action index of 50. Inventory has decreased to 3.

Troutdale, OR 97060
Wed Feb 21 2024
This week the median list price for Troutdale, OR 97060 is $599,950 with the market action index hovering around 56. This is an increase over last month’s market action index of 53. Inventory has increased to 11. 

Gresham, OR 97080
Wed Feb 21 2024
This week the median list price for Gresham, OR 97080 is $564,900 with the market action index hovering around 48. This is about the same as last month’s market action index of 48. Inventory has increased to 77. 

Portland, OR 97236
Wed Feb 21 2024
This week the median list price for Portland, OR 97236 is $499,450 with the market action index hovering around 38. This is an increase over last month’s market action index of 35. Inventory has decreased to 30. 

Portland, OR 97211
Wed Feb 21 2024
This week the median list price for Portland, OR 97211 is $699,900 with the market action index hovering around 50. This is less than last month’s market action index of 54. Inventory has decreased to 29.

Portland, OR 97232
Wed Feb 21 2024
This week the median list price for Portland, OR 97232 is $849,000 with the market action index hovering around 57. This is an increase over last month’s market action index of 56. Inventory has decreased to 7.

Bridging the Gaps on the Road to Homeownership

Homeownership is a major part of the American Dream. But, the path to achieving this dream can be quite difficult. While progress has been made to improve fair housing access, households of color still face unique challenges on the road to owning a home. Working with the right real estate experts can make all the difference for diverse buyers. Read more

What’s Really Happening with Mortgage Rates?

Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your head and wondering what’s true. Read more

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!

White Chicken Chili

Ingredient Checklist

• 1 tbsp. neutral oil
• 1 medium yellow onion, chopped
• 1 jalapeño, seeded, finely chopped
• 2 cloves garlic, finely chopped
• 1 tsp. dried oregano
• 1 tsp. ground cumin
• 3 boneless, skinless chicken breasts, cut into thirds
• 5 c. low-sodium chicken broth
• 2 (4.5-oz.) cans green chiles
• Kosher salt
• Freshly ground black pepper
• 2 (15-oz.) cans white beans, drained, rinsed
• 1 1/2 c. frozen corn
• 1/2 c. sour cream
• 1 avocado, thinly sliced, for serving
• 1/4 c. chopped fresh cilantro, for serving
• 1/4 c. crushed tortilla chips, for serving
• 1/4 c. shredded Monterey Jack, for serving

Instructions Checklist

• In a large pot over medium heat, heat oil. Add onion and jalapeño and cook, stirring, until softened, about 8 minutes. Add garlic, oregano, and cumin and cook, stirring, until fragrant, about 1 minute. Add chicken, broth, and chiles; season with salt and pepper. Bring to a boil, then reduce heat and simmer, uncovered, until chicken is tender and cooked through, 10 to 12 minutes. Transfer chicken to a plate and shred with 2 forks. 
• Add beans to pot and bring to a simmer. Cook, smashing about one-quarter of beans with a wooden spoon, until slightly thickened, about 10 minutes. Add corn and shredded chicken and cook, stirring, until heated through, about 1 minute more. Remove from heat and stir in sour cream.
• Ladle chili into bowls. Top with avocado, cilantro, chips, and cheese.

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