- With ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely.
- Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.
- Since most are paying on time, a wave isn’t coming. If you’re concerned about a flood of foreclosures, the data shows that’s not likely.
Fun Things to do this week…
Shemanski Park Farmers Market
Shemanski Park Farmers Market is a popular shopping destination for downtown residents, office workers, tourists, and local chefs. Founded in 1998, this gem of a market features over 30 vendor booths filled with farm-fresh and locally-made food under a lush green canopy of trees.
When: Every Wed through October 25, 10 am–2 pm
Where: Shemanski Park Southwest Portland | 1010 SW Park Portland, Oregon
Portland Mercury’s Burger Week 2023
Hamburglars, it’s your time to shine. You have one week to see how many juicy burgers you can put away at an absolute steal ($8 each!)
When: Every day, through Aug 27
Where: Restaurants in Portland Or
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 Aug 23 2023
This week the median list price for Portland, OR 97230 is $475,000 with the market action index hovering around 66. This is less than last month’s market action index of 67. Inventory has decreased to 33.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller’s Market
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.
Portland, OR 97220
Wed Aug 23 2023
This week the median list price for Portland, OR 97220 is $464,900 with the market action index hovering around 53. This is an increase over last month’s market action index of 50. Inventory has decreased to 33.
Fairview, OR 97024
Wed Aug 23 2023
This week the median list price for Fairview, OR 97024 is $624,950 with the market action index hovering around 42. This is an increase over last month’s market action index of 37. Inventory has decreased to 13.
Troutdale, OR 97060
Wed Aug 23 2023
This week the median list price for Troutdale, OR 97060 is $549,900 with the market action index hovering around 55. This is an increase over last month’s market action index of 54. Inventory has increased to 25.
Gresham, OR 97080
Wed Aug 23 2023
This week the median list price for Gresham, OR 97080 is $553,500 with the market action index hovering around 45. This is less than last month’s market action index of 46. Inventory has held steady at or around 114.
Portland, OR 97236
Wed Aug 23 2023
This week the median list price for Portland, OR 97236 is $499,000 with the market action index hovering around 50. This is an increase over last month’s market action index of 47. Inventory has decreased to 49.
Portland, OR 97211
Wed Aug 23 2023
This week the median list price for Portland, OR 97211 is $640,000 with the market action index hovering around 57. This is less than last month’s market action index of 63. Inventory has decreased to 45.
Portland, OR 97232
Wed Aug 23 2023
This week the median list price for Portland, OR 97232 is $837,500 with the market action index hovering around 53. This is an increase over last month’s market action index of 51. Inventory has decreased to 8.
Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t cause for concern. Read more
Why Median Home Sales Price Is Confusing Right Now
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. 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!
Grilled Pork Chops
Ingredient Checklist
For the zoodles:
- 3-4 Large zucchinis * Read notes!
- 1 Tbsp Salt
For the lasagna:
- 2 Tbsp Extra-virgin olive oil
- 1 lb Ground 99% fat-free Turkey
- 1 Cup Onion diced (1 small onion)
- 1 Tbsp + 2 tsp Fresh garlic diced
- 1 Tbsp + 1 tsp Taco seasoning I always make my own using the recipe linked!
- Pepper
- 3/4 Cup Tomato Sauce
- 3/4 Cup Salsa of choice
- 1 15 oz Container of light or fat-free ricotta cheese
- 1 Large egg
- 1/2 Cup Cilantro roughly chopped + additional for garnish
- 8 oz Light Mexican blend cheese grated (about 2 cups, firmly packed)
- 1 Large red pepper chopped
Instructions Checklist
- Preheat the oven to 350 degrees.
- Using a mandolin, slice the zucchini into thin slices, about 1/8 inch thick,
- Lay them out flat onto 2 cookie sheets and sprinkle with 1 Tbsp salt (it’s okay if some zoodles overlap on the pan)
- Bake them for 15-20 minutes, until just lightly beginning to brown, to get all the moisture out.
- While the zoodles cook, heat the olive oil over medium/high heat in the large pan. Add in the ground turkey, diced onion, diced garlic, taco seasoning, and a pinch of pepper. Cook until the onion is soft and the turkey is browned, about 10-12 minutes.
- Once the zoodles are cooked, transfer them to a long piece of paper towel, cover with another piece of paper towel, and gently press out as much excess moisture as you can. Set aside.
- In a medium bowl, stir together the tomato sauce and salsa.
- In a separate, medium bowl, use a fork to beat together the ricotta cheese, egg and another pinch of pepper. Set aside.
- Now it’s time to assemble:
- Spray a 9×13 inch baking dish with cooking spray.
- Start by pouring half the sauce mixture on the bottom, spreading out evenly, followed by half the turkey. Layer half the zucchini noodles in a single layer, lightly overlapping them, followed by half the ricotta mixture. Gently spread out the ricotta to “seal in” in the zoodles.
- Sprinkle half the cilantro over and then finish with half the grated Mexican blend cheese.
- Repeat the layers once more, except add the chopped pepper on top of the last layer of Mexican blend.
- Turn the oven up to 375 and cover the lasagna with tin foil.
- Bake, covered, for 45 minutes. Uncover and bake another 10 minutes.
- Turn the broiler up to HIGH and broil for 2-3 minutes more, until the top is golden brown and bubbly!
- Garnish with extra cilantro (if desired) and DEVOUR!
Bourbon Milk Punch
Indulgents
- 2 ½ ounces whole milk
- 2 ounces bourbon whiskey
- ½ ounce simple syrup
- ½ teaspoon vanilla extract
- For the garnish: grated nutmeg, star anise (optional)
Instructions Checklist
- Add all ingredients to a cocktail shaker. Fill it with ice and shake it until cold.
- Strain the drink into a lowball glass. Garnish with freshly grated nutmeg and if desired, star anise.
- Pitcher variation (8 servings): In a pitcher, combine 2 ½ cups whole milk, 2 cups bourbon whiskey, ½ cup simple syrup, and 1 ½ tablespoons vanilla extract. Serve over ice in lowball glasses. Garnish with grated nutmeg.
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