DIRKS REAL ESTATE REPORT (WEEK 08 – 2023)

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 Feb 23 2023
This week the median list price for Portland, OR 97230 is $457,900 with the market action index hovering around 50. This is an increase over last month’s market action index of 45. Inventory has decreased to 29. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Portland, OR 97220
Wed Feb 23 2023
This week the median list price for Portland, OR 97220 is $450,000 with the market action index hovering around 46. This is an increase over last month’s market action index of 41. Inventory has decreased to 23. Click here to stay informed with the Portland market!

Fairview, OR 97024
Wed Feb 23 2023
This week the median list price for Fairview, OR 97024 is $487,000 with the market action index hovering around 51. This is an increase over last month’s market action index of 43. Inventory has held steady at or around 6. Click here to stay informed with the Fairview market!

Troutdale, OR 97060
Wed Feb 23 2023
This week the median list price for Troutdale, OR 97060 is $532,500 with the market action index hovering around 53. This is an increase over last month’s market action index of 47. Inventory has decreased to 10. Click here to stay informed with the Troutdale market!

Gresham, OR 97080
Wed Feb 23 2023
This week the median list price for Gresham, OR 97080 is $532,500 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 66. Click here to stay informed with the Gresham market!

Portland, OR 97236
Wed Feb 23 2023
This week the median list price for Portland, OR 97236 is $599,900 with the market action index hovering around 43. This is an increase over last month’s market action index of 40. Inventory has decreased to 43. Click here to stay informed with the Portland market!

Portland, OR 97211
Wed Feb 23 2023
This week the median list price for Portland, OR 97211 is $639,900 with the market action index hovering around 47. This is less than last month’s market action index of 49. Inventory has held steady at or around 37. Click here to stay informed with the Portland market!

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RECIPE OF THE WEEK!

San Bei Ji (Three-Cup Chicken)

Ingredient Checklist

• 1/2 cup sesame oil
• 1 three-inch piece fresh ginger, peeled and sliced into coins (about 3 tablespoons)
• 12 garlic cloves, peeled
• 2 large (about 1 1/2 ounces total) scallions, cut into 1-inch pieces (about 1/2 cup)
• 2 small (about 1/8 ounces total) fresh red chiles (such as Thai chiles) (optional) 
• 2 pounds bone-in, skin-on chicken thighs and/or legs, or wings (flats and drumettes)
• 1 cup mijiu (Taiwanese rice wine), or Shaoxing (Chinese cooking rice wine) or dry sake
• 1/4 cup light soy sauce
• 1 tablespoon dark soy sauce (if unavailable, increase light soy sauce to 1/3 cup)
• 1/4 cup rock sugar or 2 tablespoons granulated sugar 
• 2 cups packed Thai basil leaves
• Steamed white short-grain rice

Instructions Checklist

• Heat sesame oil in a large skillet with a lid over medium until fragrant, 1 minute. Reduce heat to medium-low; add ginger and garlic, and let sizzle for 1 minute, being careful not to burn (reduce heat to low, if necessary). Add scallions and chiles (if using), and let sizzle for 10 to 20 seconds.
• Push ginger, garlic, scallions, and chiles to outer edges of skillet, and arrange chicken, skin side-down, in oil. (You can crowd the pieces so that they all touch.) Increase heat to medium-high, and cook, undisturbed, until chicken skin is mostly golden brown, about 6 minutes. Add rice wine and soy sauces; sprinkle evenly with rock sugar. Bring mixture to a boil over medium-high. Reduce heat to medium; cover and simmer for 10 minutes.
• Remove lid, and turn chicken pieces. Simmer, uncovered and undisturbed, until sauce is slightly thickened and reduced by almost half, 10 to 15 minutes. Remove from heat, and add basil, stirring until just wilted. Serve with steamed rice.

Psychedelic Backyard

Indulgent Hot Chocolate

Chocolate Whipped Cream

• 2 tablespoons sweetened condensed milk or sweetened condensed coconut milk (from 1 [11 1/4-ounce] can)
• 1 tablespoon unsweetened cocoa powder (such as Guittard Cocoa Rouge Unsweetened
• Dutch-Process Cocoa Powder) 
• 1/4 teaspoon vanilla extract
• 2/3 cup heavy cream, chilled

Hot Chocolate

• 1 (13.5-ounce) can coconut milk, well shaken and stirred
• 1/3 cup unsweetened cocoa powder (such as Guittard Cocoa Rouge Unsweetened Dutch
• Process Cocoa Powder), plus more if needed (about 1 1/8 ounces) 
• 1/3 cup packed dark brown sugar, preferably organic for deeper flavor, plus more if needed
• 1/4 teaspoon flaky sea salt (optional)
• Water, as needed
• 1/4 teaspoon vanilla extract
• Shaved or grated chocolate of choice

Instructions Checklist

Make the chocolate whipped cream:

• Stir together condensed milk, cocoa powder, and vanilla in a medium bowl. Pour in cream; briefly stir and scrape down sides of bowl to combine well. Beat with an electric mixer on medium speed until soft peaks form, about 1 minute. Cover and chill until ready to use

Make the Hot Chocolate:

• Whisk together coconut milk, cocoa powder, sugar, and salt, if using, in a medium saucepan. Cook over medium, whisking often, until mixture comes to a gentle simmer, 3 to 5 minutes. Reduce heat to medium-low; cook, whisking often, until slightly thickened, about 2 minutes. Remove from heat. Taste hot chocolate, and whisk in additional cocoa powder, 1 tablespoon at a time, as needed for earthy depth; or additional sugar, 1 teaspoon at a time, to curb bitterness; or water, 1 tablespoon at a time, to dilute. As needed, reheat hot chocolate in pan over medium, whisking to incorporate well. Remove from heat.
• Let hot chocolate cool 3 minutes. Stir in vanilla. Pour evenly into 4 small cups. Top each with 1/4 cup chocolate whipped cream. Garnish with shaved chocolate, and serve.

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