Some Highlights
- Today’s housing inventory is still well below more normal years.
- This low inventory is why homes that are priced right are still selling quickly and seeing multiple offers.
- If you want to sell your house, now is a great time because inventory is still low. Let’s connect to start the process.
Fun Things to do this week…
The Portland Mercury’s Nacho Week 2023
Do you like or LOVE nachos? You flippin’ LOVE ‘EM! So get ready to get very excited, because from Monday, July 17 through Sunday, July 23, the Portland Mercury celebrates the return of NACHO WEEK!
When: Every day, through July 23
Where: Multiple places around Portland OR
Sketchfest: The 5th Annual Portland Sketch Comedy Festival
As the brainchild of Portland comedy mainstays Ted Douglass and Shelley McLendon, the Portland Sketch Comedy Festival set a precedent for quick-witted comedy that drew huge crowds.
When: Every day, from July 20–22
Where: Siren Theater Boise | 3913 N Mississippi Ave Portland, Oregon 97227
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 July 19 2023
This week the median list price for Portland, OR 97230 is $477,450 with the market action index hovering around 69. This is an increase over last month’s market action index of 65. Inventory has decreased to 30.
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 July 19 2023
This week the median list price for Portland, OR 97220 is $499,900 with the market action index hovering around 60. This is less than last month’s market action index of 68. Inventory has increased to 39.
Fairview, OR 97024
Wed July 19 2023
This week the median list price for Fairview, OR 97024 is $627,363 with the market action index hovering around 38. This is an increase over last month’s market action index of 35. Inventory has held steady at or around 14.
Troutdale, OR 97060
Wed July 19 2023
This week the median list price for Troutdale, OR 97060 is $590,995 with the market action index hovering around 53. This is less than last month’s market action index of 60. Inventory has increased to 18.
Gresham, OR 97080
Wed July 19 2023
This week the median list price for Gresham, OR 97080 is $564,900 with the market action index hovering around 45. This is less than last month’s market action index of 48. Inventory has increased to 117.
Portland, OR 97236
Wed July 19 2023
This week the median list price for Portland, OR 97236 is $599,000 with the market action index hovering around 47. This is less than last month’s market action index of 50. Inventory has increased to 41.
Portland, OR 97211
Wed July 19 2023
This week the median list price for Portland, OR 97211 is $680,000 with the market action index hovering around 66. This is less than last month’s market action index of 67. Inventory has increased to 49.
Portland, OR 97232
Wed July 19 2023
This week the median list price for Portland, OR 97232 is $799,000 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 11.
Renting or Selling Your House: What’s the Best Move?
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. Read more
How Remote Work Expands Your Homebuying Horizons
Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you’re not alone. According to a recent survey, most working professionals want to work either fully remote or hybrid 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!
Garlic & Tuscan Herb Tuna Penne Pasta in Creamy Sun-Dried Tomato Sauce
Ingredient Checklist
- 5 oz. can Genova Garlic & Tuscan Herb Yellowfin Tuna
- 1/2 lb. uncooked penne pasta
- 1 cup sun dried tomatoes in oil, chopped
- 2 cloves garlic, minced
- 1 cup half & half
- 1/2 cup parmesan cheese
- 1/2 teaspoon salt, or more to taste
- 1/2 teaspoon black pepper
- 1/4 cup chopped parsley
Instructions Checklist
- Cook the pasta according to package instructions. Drain and set aside.
- Heat large skillet over medium-high heat. Add the chopped sun-dried tomatoes and the oil from the tuna can. Reserve the chunks of tuna for later.
- As the sun-dried tomatoes start to sizzle in the oil, add the garlic and cook until garlic is translucent and fragrant.
- Stir in heavy cream, parmesan cheese, salt and pepper. Simmer on low heat until sauce is slightly thickened.
- Add pasta and cook until heated through.
- Add chopped parsley and chunks of tuna. Gently stir until pasta is coated in the sauce and serve warm.
Summer Melon Slushies
Indulgents
WATERMELON-LIME
- 1 6-to 7-lb. watermelon
- Simple syrup (recipe, right)
- Zest of 2 limes
- Juice of 4 limes (about 1/2 cup total
HONEYDEW-GINGER-MINT
- 2 4-lb. honeydew melons
- Simple syrup (recipe, right)
- 2 tbsp. fresh grated ginger
- 4 sprigs fresh mint
CANTALOUPE-BASIL
- 1 6-lb. cantaloupe
- Simple syrup (recipe, right)
- 2 large sprigs fresh basil
Instructions Checklist
- Remove the skin and seeds from the melon (pick one from above); cut into 2-inch pieces (you should be left with about 4 pounds total).
- Make the simple syrup: In a small saucepan, combine 2 tablespoons granulated sugar, 1/4 cup water, and 1/4 teaspoon salt; bring to a boil. Reduce heat; simmer (don’t stir) until the sugar dissolves, 2 to 3 minutes.
- Remove from the heat and stir in the flavorings (everything but the melon); let cool completely. Strain into a small bowl or measuring cup.
- In a blender, working in two batches, puree half the simple syrup mixture and half the melon until smooth. Strain into a metal loaf pan or square pan; repeat with remaining syrup and melon. Cover and freeze until set, about 8 hours.
- When ready to serve, using a fork, scrape the surface of the melon ice to create large flakes. Transfer to glasses, top with a splash of soda water, and serve with additional fruit, if desired.
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