I have a few rentals and for two of them, I pay the water bill. A couple of times in the past I’ve received what I consider freakishly high water bills. The City of Portland has been really good to deal with. They have even sent me a letter pointing out the bill seemed excessive. IF you can get to the bottom of what is causing the problem and you fix it, they will sometimes adjust your past bills – no guarantee but worth investigating. They suggest you turn off all water and then check your meter, if it’s still running you’ve got a problem. It can be a toilet that’s running or a small hole in one of the pipes. All that said, the current problem with my rental has NOT been resolved and the last water bill was $944.00 – ouch!

The fourth quarter economic report from 2018 is out! One of the things I love about Matthew Gardner’s reports is how relevant they are to our area. There is a lot of national news out there that can often be scary, but does it really apply to us? Here’s a look at what our state’s last quarter looked like.

~ Sally

Interested in the latest real estate stats in Portland? Last month’s numbers are in. Click HERE.

For the new year…

Market Activity
Interested in the latest real estate stats in Portland? Last month’s numbers are in. Click HERE.

I’m pleased to present you with Matthew Gardner’s forecast for this new year. If you have questions regarding your local area, please don’t hesitate to call me or reply to this email, and I’ll be happy to help. ~ Sally

Click HERE to access the entire forecast.

Thank you, friends and clients, for your friendship, your business, and your trust. I hope you and yours enjoy a holiday season filled with warmth, health, and happiness. ~ Sally

Click here to view this past quarter’s Oregon and Southwest Washington real estate market analysis, provided by Windermere Real Estate Chief Economist Matthew Gardner. I hope this information helps you with making better-informed real estate decisions. Of course, if you have a question about this report or your specific neighborhood, please call or email me.

RMLS has published its latest report!

Interested in the latest real estate stats in Portland? Last month’s numbers are in. Click HERE.

For the less fortunate, these warm items are essential during the winter months. As part of Windermere’s long-standing commitment to help those in need, our offices throughout Oregon and Southwest Washington will be collecting coats and blankets NOW THROUGH DECEMBER 19th, M–F, 9:00am to 5:00pm.

Help our offices share the warmth by bringing new or gently used adult-sized coats and twin-sized blankets to my office at 825 NE Multnomah St, #120, or I will gladly pick them up if that makes it easier! Give me a call at 503-793-3605. Your donation benefits those in need right here in our local community.

Good question and does anyone really know for sure? What I can say from observation is: houses are staying on the market a little longer and there are more price reductions and fewer multiple offers. The regional RMLS stats for September in the tri-county area also indicate the market is slowing down. The inventory levels are higher than they were in 2017, and the average time a house stays on the market is longer, but it is still a seller’s market.  Even though the interest rates are still really great they are getting higher. All of this makes it a little easier if you’re trying to buy a house and in most cases, it will take longer to sell your house.