Bella Casa Real Estate Group Blog

Clients and Friends, The market conditions in the greater Portland area continue to defy gravity, setting new record highs for the Regional Multiple Listing Service. Particularly in Portland, we have left the top of the market far behind. July improvements over last July range from 25% and 30% everywhere, even in Yamhill County. We are […]

All of the real estate sales numbers throughout the Portland Metro area including Yamhill County are positive again. The Closed Sales graph shows that the trajectory of the year remains strong and well above the last 5 years. Most notably, there is currently only 1.6 months of inventory at the current rate of sales. Improvements […]

The May Market Action Report tells us that average and median sale prices have risen above the top-of-the-market prices in mid-2007 (reporting figures for Portland metropolitan including Yamhill County). Portland again is very expensive and demand from people moving to Portland from out of state is driving the pricing sky-high right now. However, remember that […]

Clients and Friends, Good news again! If you are a seller in Yamhill County, we are officially a ‘seller’s market’ for the first time in 8 years! We have 3.3 months of inventory. Remember, this is an average for a massive county; local conditions can vary, but this has been a long time coming. Sellers […]

Clients and Friends, It is time to declare the housing market in our area recovered (but perhaps never the same again?). Portland is white hot. We are doing quite well, and the recovery has finally reached all areas and property types in our geographic area. Summary of Recovery: Late July of 2007 ushered in the […]

It was with sadness that we received word that our client, our friend, and fine local builder, Mike Donnerberg, passed away this weekend as a result of a very aggressive cancer. Mike contributed to our community exceptionally fine homes. His commitment to perfection drove his success and built his reputation. Above all, Mike was the […]

Clients and Friends, Last January we were wondering what was happening to our housing recovery. By the end of the first quarter we knew the housing market was in a major funk and the numbers were discouraging for us and our clients. We later learned that the phenomenon was national and limited to the first […]

Take advantage of limited time reduced prices on build-ready lots in the Pringle Creek Community in Salem. All of the lots have utilities in place. Bella Casa broker, Wendy Stassens, has several of the lots listed for sale and is partner of Winsome Construction, a McMinnville-based high performance home builder, who is currently building a LEED-Platinum […]

Friends and Colleagues: The Market Action Reports of December 2014 cap a second successful year of real estate recovery (for Portland, a 3rd year). There is something good in these pages for everyone to celebrate. The market conditions in the best of these areas reflect the volume and pricing of the top of the market […]

Have you noticed the boom of new construction in Yamhill County? In McMinnville’s West Valley there is an entire sub division under way, and many formerly empty lots throughout the county have new homes for sale. This Oregonian article suggests Portland is not keeping up with demand for new homes: http://www.oregonlive.com/business/index.ssf/2014/10/is_portland_building_enough_ne.html. Perhaps this lack of […]