SkyBlue Portland Blog
Five Reasons 2023 Is the Right Time to Buy a Home
If your dream of homeownership has been sidetracked due to your uncertainties about the market, it's tempting to tell yourself that things will get better in a year or two. Before you put your dream on ice, consider this - while today's market can be challenging...
What To Expect From the Portland Housing Market in 2023
The 2022 housing market was defined by two key things: inflation and rapidly rising mortgage rates. This in turn began the market reset. To combat inflation the Federal Reserve (the Fed) took drastic action in the later part of 2022 to lower inflation. The rapid...
What’s Going on with Portland Home Prices?
If you’re considering buying or selling a home in 2023, you likely have questions about what’s happening with home prices here in the Portland metro market. In spite of what you see on some websites, at a national level experts (see chart below) don’t expect prices...
Homeownership Is an Investment in Your Future
With all the uncertainty in the economy right now, many potential home buyers wonder if it’s a smart decision to buy a home now or if it makes more sense to wait a year or two for things to settle down before making a move. If you’re in that position, it’s...
3 Reasons Why Today’s Real Estate Market Isn’t Like 2008
Due to the rapid increase in interest rates the Portland housing market has cooled dramatically. In January 2022 there were about 500 homes for sale in Portland. 10 months later the inventory is about 1,600 homes for sale. Clearly the real estate market has...
To Stage or Not to Stage Your Home for Sale
To stage or not to stage your home, that’s the BIG QUESTION on the minds of many home sellers today. Seriously? There is no question. Even in the current sellers' market staging enhances the value of your home. In fact, there is no more affordable way to boost the...
Is it Time to Move into a Single-Story Home?
Once the kids have left the nest, you may be wondering what to do with all of the extra space in your home. Chances are, you don’t need four bedrooms anymore, and it may be a great time to sell your house and downsize, maybe even into a single-story home. You’ve...
Don’t Believe Everything You Read: The Truth Many Headlines Overlook
There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to...
4 Ways Homeowners Can Use Their Equity
Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average of $51,500 in equity...
Who Makes the BEST Pastrami Sandwich in Portland?
I was going to title this post Who Makes the BEST Reuben Sandwich in Portland? Kenny & Zuke's | Portland | SW | West End | Housemade Pastrami Closeup But then I’d have to define “Reuben” and that’s a topic for serious debate. Our best and your best may be...
