That Portland Life

Portland Lifestyle and Real Estate

Contact Us!

moving to pdx

5 Reasons to Move to Portland, OR

by Leave a Comment

Portland, Oregon, is a city that offers a unique blend of vibrant city life, stunning natural beauty, and a strong sense of community. Whether you’re seeking outdoor adventures, a thriving food scene, or a commitment to sustainability, Portland has something for everyone. Here are five compelling reasons to move to Portland and make it your new home.

1. Outdoor Adventures

Portland is a paradise for nature lovers, surrounded by breathtaking landscapes that offer endless opportunities for outdoor activities.

  • Hiking in the Columbia River Gorge: Just a short drive from the city, the Columbia River Gorge offers stunning hikes with waterfalls, panoramic views, and lush forests. It’s a hiker’s dream destination.
  • Exploring Forest Park: Within the city, Forest Park provides over 80 miles of trails, making it one of the largest urban forests in the country. Perfect for a weekend walk or an early morning run.
  • Cycling on the Springwater Corridor: Portland is also known for its biking culture. The Springwater Corridor, a multi-use trail, is a favorite among cyclists and offers a scenic route through the city and beyond.
  • Water Activities on the Willamette River: The Willamette River is ideal for kayaking, paddleboarding, and even dragon boat racing. There’s no shortage of adventure in Portland.

2. The Food Scene

Portland’s culinary landscape is diverse and innovative, catering to every palate.

  • Food Truck Culture: Portland’s food truck culture is legendary. From Korean BBQ to vegan comfort food, the city’s food trucks offer a world of flavors. These pods are a favorite lunchtime destination for locals.
  • Farm-to-Table Restaurants: For a more upscale experience, Portland’s farm-to-table restaurants emphasize fresh, local ingredients. Chefs here are passionate about creating seasonal dishes that highlight the best of the Pacific Northwest.
  • Portland Farmers Market: Don’t miss the Portland Farmers Market, where you can find everything from organic produce to artisanal cheeses. It’s a great way to support local farmers and discover new ingredients.
  • Salt & Straw Ice Cream: For a sweet treat, head to Salt & Straw, where you’ll find unique ice cream flavors crafted with local ingredients. It’s a must-visit for any foodie.

3. Arts and Culture

Portland’s creative spirit is evident in its thriving arts scene.

  • Art Galleries: Art lovers will appreciate the city’s numerous galleries showcasing works from local and international artists. First Thursday in the Pearl District is a popular monthly event where galleries open their doors for evening receptions.
  • Live Music: Live music is a big part of Portland’s culture. From intimate venues like Mississippi Studios to larger stages like the Crystal Ballroom, there’s always a show to catch. The city’s music scene is diverse, featuring everything from indie bands to jazz ensembles.
  • Street Art: Portland’s streets are adorned with vibrant murals and street art. These pieces reflect the city’s creative energy and provide colorful backdrops throughout the neighborhoods.

4. Sustainable Living

Portland is at the forefront of sustainable and eco-friendly practices.

  • Public Transportation: The city boasts an extensive public transportation system, including buses, light rail, and streetcars, making it easy to get around without a car. This commitment to public transit helps reduce the city’s carbon footprint.
  • Green Spaces: Green spaces are abundant in Portland. The city is home to over 275 parks, including community gardens where residents can grow their own produce. These spaces promote a healthy, active lifestyle and a strong sense of community.
  • Eco-Friendly Initiatives: Eco-friendly initiatives are everywhere. From zero-waste stores to city-wide composting programs, Portland residents are dedicated to sustainable living. It’s a city where being environmentally conscious is a way of life.

5. Community and Lifestyle

Portland is known for its welcoming and inclusive community.

  • Diverse Neighborhoods: Portland’s neighborhoods each have their own unique charm. From the historic homes of Irvington to the trendy boutiques of the Pearl District, there’s a neighborhood for everyone.
  • Community Events: Community events are a big part of life here. Street fairs, farmers’ markets, and neighborhood festivals bring people together and create a strong sense of belonging.
  • Friendly Locals: The friendly and inclusive nature of Portland’s residents makes it easy to connect with others. Whether you’re chatting with a barista at your favorite coffee shop or joining a local club, you’ll find a warm and welcoming community.

Bonus: Affordability

Portland is the most affordable major city on the West Coast.

  • Cost of Living: Compared to other West Coast cities like San Francisco, Seattle, and Los Angeles, Portland offers a more affordable cost of living. Housing, groceries, and utilities are all more budget-friendly, making it easier to enjoy a high quality of life without breaking the bank.
  • Value for Money: Despite its affordability, Portland doesn’t skimp on amenities. You’ll still enjoy top-notch dining, entertainment, and cultural experiences without the hefty price tag found in other major cities.

There you have it – five amazing reasons, plus a bonus, to move to Portland, Oregon. Ready to make the move? Let us help you find your dream home in this incredible city. Contact us today to start your journey to Portland. We can’t wait to welcome you to your new home.

Portland Real Estate Market May 2024

by Leave a Comment

Navigating Portland’s Dynamic Market in 2024

It’s May which means it is time to look back on the previous month and analyze the real estate trends and market conditions. As we venture deeper into 2024, the Portland real estate market is showing signs of holding steady. While rates had started coming down, beacause of the positive jobs report and increased inflation, they went back up into the 7s again. This has again led to some uncertainty in the market. There are still buyers in the market, but the buyer pool is smaller than it typically is this time of year. We are still seeing appreciation month over month, up 2.3% from the previous month. Inventory still continues to be the main driving factor driving home prices upwards. If we do see rates stay down continuously, expect to see appreciation jump into the 5-6% range.

The Most and Least Expensive Homes Sold Last Month

The Portland real estate market is diverse, ranging from luxury to affordability. Last month’s sales highlight this range vividly.

An exemplar of luxury, the most expensive home sold last month in Portland was located in King Heights. This beautiful property has 6 bedrooms, 7 full bathrooms and 1 half bathroom. With over 8900 square feet this home sits on just under 1 acre. This home sold for a remarkable $4,558,000. There were 4 other homes that sold in Portland last month for over 2 million showcasing the strength of Portland’s high-end market.

Contrasting this luxury, the least expensive home sold offers a glimpse into the market’s affordability. Situated in SE Portland, this cottage has 3 bedrooms and 1 bathroom. The home also has just over 1100 sqft and sold for just $249,000. The home definitely needs a little bit of work, but if you are willing to do some sweat equity, this home was a great deal! There were multiple other homes that sold for under $250,000 but they were either condemned or tear-downs. There were however multiple cute homes in the $250-$300K range.

For Sellers: Seizing the Moment

While this spring market has not been as hot as markets in the past couple years we are still seeing multiple offers on homes that are priced well and showing well. This often means that the homes are fully or partially staged. The buyers that we are seeing in the market are very well qualified which leads to fewer sales falling apart. This is good news as sellers so if you are considering a sale. Now could be the perfect time.

For Buyers: Know your Strength

Inventory and interest rates have led to a less than ideal market for buyers this spring. Top economists were expecting rates to come down to ease affordability concerns but unfortunately they have held steady in the high 6% to low 7% range. With low inventory some homes are still seeing multiple offers so if you are looking in the 500-800 range and in the highly coveted neighborhoods, expect to be writing against other buyers. The good news is if you are open to doing some finishing work or painting, you can likely get a good deal and have the seller buy down your interest rate.

Tailored Advice and Guidance

Whether you’re looking to buy, sell, or simply explore your options in Portland’s real estate market, personalized advice is key. For strategies, market timing, affordability, or property valuation, feel free to reach out. Together, we can navigate the evolving landscape of Portland’s real estate market in 2024.

Search For Homes
Instant Home Value

Portland Real Estate Market Feb 2024: Trends, Extremes, and Opportunities

by Leave a Comment

Navigating Portland’s Dynamic Market in 2024

It’s February which means it is time to look back on the previous month and analyze the real estate trends and market conditions. As we venture deeper into 2024, the Portland real estate market is showing signs of significant change. The last few months have seen a drop in interest rates, resulting in an increased influx of buyers. Although rates are higher than the lows of 2021, there’s an emerging acceptance of these figures as the new normal. Reflecting on 2023, a year marked by a downturn in real estate, it’s notable that the average home price still rose by 3.5%. With the recent increase in market activity, we’re anticipating an appreciation of over 5% in 2024, a projection in line with most economists’ expectations.

The Most and Least Expensive Homes Sold Last Month

The Portland real estate market is diverse, ranging from luxury to affordability. Last month’s sales highlight this range vividly.

An exemplar of luxury, the most expensive home sold last month in Portland was located in Dunthorpe. This stunning property, with 5 bedrooms and 4 bathrooms and 3 half bathrooms over 7450 square feet, sat on 1.1 Acres. This home sold for a remarkable $3,250,000 showcasing the strength of Portland’s high-end market.

Contrasting this luxury, the least expensive home sold offers a glimpse into the market’s affordability. Situated in NE Portland, this cottage with 1bedroom and 1 bathroom, and a total area of 640 sqft, sold for just $298,000. Despite its modesty, it was cute, move in ready and had a large yard, proving that the Portland market caters to a wide range of budgets.

For Sellers: Seizing the Moment

The onset of Portland’s spring market this February brings new opportunities for sellers. With inventory levels dipping and buyer interest spiking, well-priced homes in popular areas are again attracting multiple offers. Recent experiences, like my offer being $60K over yet fourth in line, hint at a competitive season ahead. Sellers contemplating the right time to list might find the current market conditions ideal, especially with the trend of multiple offers expected to continue until around June.

For Buyers: Strategies in a Competitive Market

Buyers should brace for a competitive landscape. Homes are quickly becoming sought-after, often drawing multiple offers. While the highest offer often wins, we have several strategies to make your offer stand out. Currently, interest rates are around 6.5%, but a further decrease expected in spring could intensify competition. For those seeking less competition, exploring homes that have been on the market longer or are in less popular areas might be advantageous. Remember, the best time to buy is when it feels right for you, but with prices likely to rise, acting sooner may be beneficial.

Tailored Advice and Guidance

Whether you’re looking to buy, sell, or simply explore your options in Portland’s real estate market, personalized advice is key. For strategies, market timing, affordability, or property valuation, feel free to reach out. Together, we can navigate the evolving landscape of Portland’s real estate market in 2024.

Search For Homes
Instant Home Value

Why should you move to Oregon?

by Leave a Comment

Are you thinking of moving to the Beautiful state of Oregon? We put together this quick video which highlights just a couple reasons why we think you will love it here.

Oregon, known as the “Beaver State”, is one of the most beautiful places in the United States. It’s located in the Pacific Northwest and is filled with stunning scenery, a rich culture, and diverse communities. If you’re thinking about moving, here are some reasons why Oregon should be at the top of your list.

First of all, Oregon has a vibrant urban scene. Portland, the largest city in the state, is known for its lively downtown, trendy neighborhoods, and quirky culture. From craft beer to farm-to-table cuisine, Portland is a foodie’s paradise. And if you’re into biking or walking, Portland is one of the most bike-friendly cities in the country, with over 350 miles of bike lanes.

outside the city

But Oregon isn’t just about the city life. The state also boasts over 360 miles of beautiful coastline, with stunning beaches, rugged cliffs, and picturesque lighthouses. Whether you’re into surfing, kayaking, or just lounging on the beach, Oregon has something for everyone.

If you’re an outdoor enthusiast, you’ll find plenty to love in Oregon. The state is home to Crater Lake National Park, one of the most breathtaking natural wonders in the world. The lake, which was formed by a collapsed volcano, is the deepest in the United States and is surrounded by beautiful forests and mountains.

If you’re a wine lover, you’ll be happy to know that Oregon has a thriving wine industry. The state is known for its Pinot Noir, and the Willamette Valley is home to over 500 wineries. Whether you’re a connoisseur or just enjoy a good glass of wine, you’ll find something to love in the Oregon wine country.

Finally, if you’re a fan of the arts, Oregon has plenty to offer. The state is home to the Oregon Shakespeare Festival, one of the most prestigious theater festivals in the country. And if you’re more into music, the state is known for its thriving indie music scene, with countless venues and festivals throughout the year.

in conclusion

From the bustling city life to the peaceful wilderness, we truly have it all. With its beautiful scenery, vibrant culture, and endless opportunities for adventure, there’s never been a better time to make the move to the Beaver State.

Do we have you convinced? You can search for homes HERE. Or learn more about Jessica HERE. We look forward to connecting soon.

Someday

by Leave a Comment

Ahhh, Someday. An apt name for a bar that was originally conceived of years ago by the owners, who wanted to open their own bar ‘someday’. An even more appropriate refrain for all of us who are wishing and hoping to return to some sense of normalcy in our daily lives ‘someday’. Yet, while we are waiting for indoor dining to be a safe option again, we are always looking for a great spot to grab a drink and a bite outdoors, particularly as the long winter months approach.

Someday is doing the patio scene right. They have big, well-spaced picnic tables, strands of draped lights across the space, and last we checked, were installing heaters to keep you warm and cozy while you drink. The wine selection is well-curated, the cocktails are balanced and delicious, and there is a selection of tasty snacks. If you are looking for a heartier meal, the patio also offers a few food carts to choose from.

Another really fun and unique thing that they are doing is an Oyster BBQ pickup on Sundays! You all know how much we love oysters, so I can’t wait to grab some of these one of these days.

See more about their menu and hours here.

We are really excited for more visits this winter to this cute tucked-away alley bar! Have you visited Someday yet? Let us know what you thought in the comments!

Tamale Boy

by Leave a Comment

This week we are once again highlighting one of our favorite restaurants, Tamale Boy! After searching for restaurants that were offering both dine-in service and patio tables we were left with very few options. Most dine-in restaurants have very few tables and are only seating with a reservation. We didn’t plan far enough ahead for that, so when we saw Tamale Boy on the list, we knew exactly where to go. They have 2 locations, one small location attached to Labrewatory on N Russell, and a larger location on NE Dekum. Ne Dekum has a huge patio and was just what we were in the mood for.

Tamale Boy Patio tables

While we were deciding on what to order we started with a side of house-made guacamole. I love Tamale Boy’s guacamole because they add a dried chile oil to give it a bit of spice, and roasted sunflower seeds for a nice crunch. For dinner I wanted to step out of my comfort zone and actually order a tamale. I decided on the Norteño tamal frito. A deep fried tamale with chile verde, served with black beans and 2 over-easy eggs. The flavor in the tamale itself was absolutely divine and with the beans and eggs it was a very filling meal. If you want to check out the menu or order ahead, you can do so HERE

We loved Tamale Boy this week, have you been to support this business yet? We definitely recommend you visit, whether you are ready to venture out or wanting to get some take-out for home. What have you been loving? Let us know your favorite local spot in the comments so we can support them (and our tastebuds)!

Paint Palette

by 1 Comment

Color is such an important part of personalizing a home. But it’s also key in making your home a space others can see themselves moving into. We know you probably have lots of extra time on your hands, so here are our 4 tips to whip your home into shape!

*Not a fan of videos? Keep scrolling for the written version!*

Today we are going to be talking with you all about the power of paint and how it can make a huge impact in the home selling process for a very small investment.  We are all stuck in our homes for now, so if you have any plans for selling in the future, why not take this extra time to spruce things up?  Or, maybe you are just bored of your house colors in which case, this will provide a nice refresh!

We want our homes to feel like us, so often times we tailor them to suit our own tastes. Things like cozy furniture, bright and textured rugs, wall art and the right light fixtures can really reflect a style and personality. Sometimes we even go a little risky and do accent walls. Things like painting our children’s bedrooms to mimic night sky. or We will add a little DIY wallpaper. While these are all AMAZING ways to customize spaces, when it comes to preparing your home for resale, these colorful wall colors can really start to restrict your buyer pool. If you’ve never tried selling a home with bright orange walls, then you probably don’t even know the power a simple color change can make. We want to do everything we can to sell your home as quickly as possible. 

The good news is that a fresh coat of paint can change everything.  Here are our top 4 tips! 

Tip 1: Your Door

 First things first, let’s consider your front door. It’s a smaller project and might offer you a little more creativity. You have probably seen black, gray and white doors, but this is actually where we want to see a pop of color.  If you have a lighter palette of colors on your home, try a rich navy blue or vibrant red.  If you have a dark color palette, like a grey or navy, try a bright color like sunny yellow or a lively teal.  You want to wow people before they even get inside. 

Tip 2: Keep it Uniform

Secondly, When it comes to interior walls, the trend here is to keep everything flowing with a neutral color. The idea is to create a blank canvas to help people envision themselves living there. You also want to think of it like flooring… We want it to be uniform throughout the home. Choose a neutral that you love.  You don’t have to carry that color through the whole home, just make sure that every room is in the same color family. You can do slightly lighter versions of the color in the bedrooms and hallway, and slightly darker version in your dining room or family room.  Exceptions to this are your smaller, tighter spaces like bathrooms without natural light. Those will benefit from whiter brighter paint that helps bounce light around and make the room appear wider and taller.

Tip 3: Keep it Neutral

Now that we know the look we’re going for, let’s talk color. The biggest trends right now are any and all whites, soft grays, and taupe. These might not seem like exciting choices, but they are all incredible popular. And that’s probably because they are so versatile and suit a variety of house styles from modern to traditional. Here you can see the colors that Sherwin Williams sells the most of, notice a trend?  If you hate the idea of painting everything white and grey, go for a greyed out version of your favorite color. Blue-greys will still look neutral but offer a bit more color and personality. 

Tip 4: Know your finishes

Lastly, another thing about paint is that not all textures are created equal. Usually when you go to Home Depot, Lowes or your favorite local home improvement store, you will be able to select a finish. Keep in mind the location of the room that you’re painting. Since kitchen’s are such a busy part of a home, go with a satin or semi-gloss finish.  Bathrooms should be in a semi-gloss or gloss, and all the other rooms should be in an eggshell finish.  

We have seen it many times, beautiful homes go on the market with crazy colors. Prospective buyers just can’t see past them.  Having a realtor that understands the current trends is more important than ever.  We can’t currently come to you, but, if you need some help picking out colors, we are happy to do a video chat and give you some tips. Just reach out to us!

January 2020 Market Stats

by 1 Comment

The time has come to once again look back on the market and reflect on how healthy the market has been. January of 2020 was a great month for Portland. Home prices are up 6.3% from January of last year! Despite all the recession rumors, everyone that owns a home is still making money. Interest rates are still insanely low. If you are thinking of buying, do it now before home prices jump up even more. If you want to read more about all the specifics, continue on past the graphic below!

January 2020 Real Estate Market Statistics
What these numbers mean to you

We also saw a significant jump in new listings, pendings, and sold homes. Many people entered the real estate market after the holidays which explains this big jump. While it is good to see homes coming on the market, we are still sitting around only 2.2 months of inventory. If no one else puts their home on the market, every single home will be sold in just over 2 months. As a buyer, this means there will be competition on all those ‘Pinterest perfect’ homes and you should expect multiple offers. As a seller, this means there is almost no competition and as long as you are priced appropriately, you should expect to sell quickly.

Despite this, we surprisingly saw the average days on market climb as well. If you separate this stat out by price point it paints a very different picture. Homes under $500,000 are, on average, selling in 7 days or less. Houses up to $1 million are selling in about 30 days. Homes over $1 million are selling in 60-100 days on average. If you want specifics on how long your home may take to sell, send us a message and we will happily send you some data.

Ready to make a move?

You sometimes hear us say “now is the perfect time to move” but whether you are a buyer or a seller, there are some really strong cases to be made about 2020 being the right year to do it. If you want to look at homes currently on the market you can do so here. If you want an instant evaluation of what your home is worth, you can do so here. Take advantage of the current interest rates to get yourself into a new and amazing home! You’ll be glad you did.

Does our analysis match your perception of the market? How did you feel January of 2020 went? Let us know in the comments!