- If you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.
- On average, people who bought homes 32 years ago have seen their home’s value nearly triple over that time.
- If you’re wondering if buying a home is a good idea, remember rising home values could grow your net worth with time. When you’re ready to start your homebuying journey, let’s talk.
Fun Things to do this week…
Bella Organic Pumpkin Patch & Corn Maze
Every fall, Bella Organic Farms makes a statement with their corn maze, and this year they’re targeting gun violence with “a simple message of love from a simple farmer.”
When: Every day, through Oct 31
Where: Bella Organic Pumpkin Patch & Winery | 16205 NW Gillihan Portland, Oregon 97231
Plumper Fall Festival 2023
Pick your pumpkin out of our bins or out of our fields, the choice is yours! Then choose between the old fashioned wagons or the ever efficient wheel barrels to bring what you harvest from the nearby fields.
When: Wed–Sun – Oct 29, 9-5:30PM
Where: Plumper Pumpkin Patch and Tree Farm | 11435 NW Old Cornelius Pass Rd Portland, OR 98231
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 Oct 11 2023
This week the median list price for Portland, OR 97230 is $500,000 with the market action index hovering around 57. This is less than last month’s market action index of 58. Inventory has increased to 43.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller’s Market
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Portland, OR 97220
Wed Oct 11 2023
This week the median list price for Portland, OR 97220 is $425,900 with the market action index hovering around 46. This is less than last month’s market action index of 47. Inventory has increased to 37.
Fairview, OR 97024
Wed Oct 11 2023
This week the median list price for Fairview, OR 97024 is $663,297 with the market action index hovering around 54. This is about the same as last month’s market action index of 54. Inventory has held steady at or around 8.
Troutdale, OR 97060
Wed Oct 11 2023
This week the median list price for Troutdale, OR 97060 is $562,497 with the market action index hovering around 52. This is less than last month’s market action index of 56. Inventory has decreased to 20.
Gresham, OR 97080
Wed Oct 11 2023
This week the median list price for Gresham, OR 97080 is $569,000 with the market action index hovering around 40. This is less than last month’s market action index of 42. Inventory has increased to 123.
Portland, OR 97236
Wed Oct 11 2023
This week the median list price for Portland, OR 97236 is $565,000 with the market action index hovering around 44. This is less than last month’s market action index of 46. Inventory has held steady at or around 54.
Portland, OR 97211
Wed Oct 11 2023
This week the median list price for Portland, OR 97211 is $649,900 with the market action index hovering around 50. This is less than last month’s market action index of 52. Inventory has decreased to 41.
Portland, OR 97232
Wed Oct 11 2023
This week the median list price for Portland, OR 97232 is $774,900 with the market action index hovering around 53. This is less than last month’s market action index of 57. Inventory has increased to 9.
Are You a Homebuyer Worried About Climate Risks?
This study goes on to explain that climate risks affect where many people look for a home. That’s because homebuyers are interested in finding out if the house they want will be exposed to things like floods, extreme heat, and wildfires. Read more
Understanding the Benefits of Owning Your First Home
While that survey looked specifically at first-time homebuyers buying newly built homes, the same sentiment is true for just about anyone buying their first home. Here’s a bit more information to help you think about those two benefits of homeownership to see if they’re a key factor for you too. 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!
Old-Fashioned Chicken Stew
Ingredient Checklist
- One 4-pound chicken, legs, thighs and breasts (no wings) cut into 8 pieces, backbone discarded (or 1 cut-up chicken)
- Kosher salt and freshly ground black pepper
- Vegetable oil, as needed
- 2 stalks celery, finely chopped
- 1 medium onion, finely chopped
- 2 tablespoons all-purpose flour
- 4 cups low-sodium chicken stock
- 2 medium parsnips, peeled and cut into 1-inch chunks
- 2 medium carrots, peeled and cut into 1-inch chunks
- 1 medium turnip, peeled and cut into 1-inch chunks
- 1 medium rutabaga, peeled and cut into 1-inch chunks
- 1 cup heavy cream
- 1 tablespoon chopped fresh curly parsley, plus additional leaves, for garnish
Instructions Checklist
- Season the chicken pieces with salt and pepper. Heat 2 tablespoons oil in a Dutch oven over medium-high heat. Brown the chicken, working in batches and adding more oil as needed, 3 to 5 minutes per batch; set aside.
- Add the celery and onion and cook until beginning to soften, about 3 minutes. Sprinkle over the flour and stir, cooking a minute or so. Pour in the stock, season with salt and pepper and add the parsnips, carrots, turnip and rutabaga. Add the chicken back, bring to a boil and reduce to a simmer. Cover and cook until the vegetables are tender and the chicken is cooked through, about 45 minutes.
- Stir in the heavy cream and parsley. Taste and adjust the seasoning with salt and pepper. Serve garnished with parsley leaves.
London Fog Drink
Indulgents
- 1 Earl Grey tea bag (2 teaspoons loose tea)
- 1 teaspoon dried lavender buds
- 2 teaspoons honey
- 1 cup hot water
- 1 cup very fresh whole milk (or oat milk for vegan)
- ½ teaspoon vanilla extract
Instructions Checklist
- Make the tea using the Earl Grey tea bag, lavender buds, and water. Allow it to steep for 2 to 3 minutes until a strong flavor develops. Strain out the lavender buds and stir in the honey.
- Combine the milk and vanilla extract. Steam or froth the milk following these instructions: How to Steam Milk (espresso maker) or How to Froth Milk (handheld frother or whisk).
- Pour the tea into 2 tea cups. Gently pour the milk and foam into the center of tea.
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