Case Shiller continues to improve

The Portland housing market continues to show improvement based on yesterday's Case Shiller report. The data is from August, 2012 but has shown improvement five months in a row.

Our current market is one of low inventory and higher buying demand. This is putting upward pressure on home prices.  Combined with low interest rates, we think this is a very good time to consider a new home purchase.

For more info on our team visit us at cityproperties.re, go to our condo site bpr.com, or my information site pearldistrictrealtor.com

Dianne Rodway dedicates new Habitat homes

Our team leader, Dianne Rodway, dedicated two homes today for Habitat for Humanity Portland/Metro East. Dianne is a former president of the local habitat board and one of the houses dedicated today was sponsored by our brokerage firm, Realty Trust Group. With Dianne in this picture is Steve Messinetti, CEO of Portland local Habitat for Humanity chapter.

New home sales rise nationally

Wells Fargo Bank's economics team reports that new home sales rose 5.7 percent in September to a 389,000-unit pace. With sales up, inventories remain unusually lean. Prices are also firming. The median price of a new home is up 11.7 percent over the past year.

Our City Properties Group is having a very busy fall season and doing our very best to help the housing market move forward.

For more info on our team visit us at cityproperties.re, go to our condo site bpr.com, or my information site pearldistrictrealtor.com. If it's a single family home you are interested in, visit www.sllhomes.com.

The blogosphere

We are happy to be a part of the collective community of blogs known as the blogosphere. Since all blogs are on the Internet by definition, they may be seen as interconnected and socially networked.

I did research on the blogosphere and found this on wikipedia: The term was coined on September 10, 1999 by Brad L. Graham, as a joke. It was re-coined in 2002 by William Quick and was quickly adopted and propagated by the warblog community. The term resembles the older word logosphere (from Greek logos meaning word, and sphere, interpreted as world), the "the world of words", the universe of discourse.

For those of us who are more visually oriented, I've provided this simple picture above  of the blogosphere:

www.bpr.com   pearldistrictrealtor.com   cityproperties.re  sllhomes.com

Casey corner

The City Properties Group just completed a non-RMLS sale of unit 1002 at the Casey. This is a beautiful SE corner condominium has some of the best views in the Pearl District. The 3 bedroom, 2600+ sqft unit features a smart electronic control system, large walk-in wine cellar, fireplace, terrace, and three parking spaces.The sale price was over $1.5 million. If you would like more details, please let us know. To see what's available at The Casey right now, click here.

For more info on our team visit us at cityproperties.re, go to our condo site bpr.com, or my information site pearldistrictrealtor.com

Loft at The Eliot

We just completed the sale of a one bedroom loft at The Eliot. It is a nice 12th floor unit facing to the west. It is 866 sqft and sold for $333,000.  

For more info on our team visit us at cityproperties.re, go to our condo site bpr.com, or my information site pearldistrictrealtor.com
   

Sold in One Day

Our team recently sold a southeast corner unit at the Metropolitan in just one day. Unit 812 had multiple offers and sold for full price. If you'd like to know more we'd be happy to talk to you.

For more info on our team visit us at cityproperties.re, go to our condo site bpr.com, or my information site pearldistrictrealtor.com