Underrated Portland Oregon
Sherman’s Travel via Yahoo Travel have listed Portland, Oregon as one of our nation’s most underratted cities.
Reasons cited include our proximity to the coast, mountains and wine country. Not to mention our great art shows, tax-free shopping, and of course Saturday Market. I don’t know why they wouldn’t mention the microbrews, perhaps because we already showed up on their Cities For Beer Lovers list.
http://www.saturdaymarket.org/
http://www.shermanstravel.com/top_tens/
http://travel.yahoo.com/p-interests-34348516
http://www.shermanstravel.com/top_tens/Cities_For_Beer_Lovers
PLEASE CHECK OUT OUR WEBSITE http//:www.TonyandLibby.com
Market Report Portland Oregon
April Residential Highlights
Sales activity in the Portland metro area improved in April 2010 compared to the same month a year ago. Comparing April 2010 with April 2009, closed sales increased 49.1%. Pending sales also jumped 60.8%, and new listings rose 23.8%. When comparing April 2010 with the month prior, March 2010, closed sales grew 7.9% (1,941 v. 1,799) and pending sales were up 24.5% (2,991 v. 2,402). New listings, on the other hand, dropped 5.5% (4,713 v. 4,987). At the month’s rate of sales, the 14,182 active residential listings would last approximately 7.3 months, the lowest of the year so far.
Sale Prices
The average sale price for April 2010 decreased 3.1% compared to April 2009, while the median sale price went down 4%. Month-to-month, there were minimal changes in prices. The average sale price rose just 0.6% ($282,100 v. $280,300) and the median sale price went up 0.5% ($240,000 v. $238,900), when comparing April 2010 to March 2010.
Year-to-Date
Comparing January-April 2010 with the same period in 2009, closed sales increased 41.4%. Pending sales jumped 46.3%, and new listings also rose 15.4%.
PLEASE CHECK OUT OUR WEBSITE http//:www.TonyandLibby.com
Legend Homes
Legend Homes was one of the biggest builders around, and like many others, fell on hard times when the housing market bubble burst. After two years of reorganizing in bankruptcy court, Legend Homes has gotten much smaller and is ready to reinvent Oregon’s home building industry.
One way that Legend will be doing things better is by building green. For example, they will be adding solar panels to their Edgewater subdivision in Tigard. Legend will guarantee to purchasers of Edgewater homes that in the first three years their combined gas and electricity bill will not exceed $58 a month, or Legend will cover the difference. Perhaps now is the perfect time for reinvention.
http://www.oregonlive.com/business/index.ssf/2010/05/legend_homes_one_of_portlands.html
PLEASE CHECK OUT OUR WEBSITE http//:www.TonyandLibby.com


Agent Profile
Tony and Libby Kelly, MBA, M.Ed. are ranked in the top 1% of REALTORS in Portland Metro. They have been featured on HGTV's "House Hunters" 3 Episodes & "My House is Worth What?" 4 Episodes. 


