Jen Woodbury's (jenwoodbury) Blog

I remember buying my first Portland, Oregon home in Mount Tabor by looking through a big book of data with black and white pictures. I can still remember the cheap newsprint and smell of the real estate listing books. My agent, with whom I remained faithful to until she retired, would hand me the...

Portland Oregon homes and Portland Oregon new construction experienced a slow down just as most real estate markets did. Yet, at present, The National Association of Home Builders/Wells Fargo Housing Market reported that nationally, home builder confidence is holding and at a high since 2006.  Al...

I bought a home in 2008 at a 5.5% interest rate. I was really happy because rates were historically low. Or, so we all thought. I found these rate charts on the internet (sources on charts- Austin Texas Realtor and a copy written chart) and had to share them. Visually, both charts show a huge dec...

Portland Oregon homeowners are cold, cold, cold! Right now, it’s so much colder than we’re used to! Ice everywhere and the thermostat feels like it’s not working. Even my dog is shivering. I walked by a window in my home, felt a cold blast and starting thinking “I should winterize my home better....

Here’s a great video that pretty much says it all. Portland, Oregon home inventory is low so sellers are happy and homes are selling faster yet rates and home prices still remain low so buyers are happy. Again, this is a "perfect storm" for real estate buyers and sellers. Who doesn’t like a “Win-...

According to RMLS, Portland, Oregon home prices rose 3.9% to $290k average in December, 2012. The inventory of homes for sale dropped to the lowest in three years.  December’s new 1,286 listings are down 24.4 % from last year. Again, we have changed to a seller’s market. But, buyers can rest assu...

Many Portlanders know The Sellwood Bridge will be replaced. From January 17-24, the bridge will be closed completely so it can be moved 66 feet north as a bridge detour while the new bridge is being constructed. Plan your routes accordingly if you cross the bridge regularly. On January 19, the br...

Portland Oregon home prices are still predicted to rise and are ranked as the 14th fastest rising nationally. We don’t know our 2012 year-end numbers yet but we did rise in November of 2012, it’s expected to be the same for December 2012 as well as going into 2013.  There are lots of predictions ...

According to The National Association of Home Builders, home buyers stay in their homes longer. New research shows buyers staying in homes an average of 13 years with first-time buyers staying in homes for an average of 11.5 years. This requires a shift on how buyers approach property. With longe...

I saw this report on the news, wanted to find it and share it. Many Portland, Oregon real estate sellers have been waiting for the right time to list their homes and Portland’s time is here. If you’ve been following my posts and blogs, you’ve seen a pattern of shrinking inventory, low rates and s...