Bella Casa Real Estate Group Blog

Wow, it has been raining a lot! We get asked by out of state clients about the rain here in Oregon and we tell them the truth. However, this year the weather is making us look like liars! The Portland metroplex in December and for 2015 achieved the highest volume of real estate sales on […]

The real estate markets in our area delivered a very nice Christmas present to us this year. Year-to-year comparisons with 2014 (a decent year of recovery) show dramatic changes for the better. While we have nothing to complain about by comparison with the great famine years which began in 2007, this month’s reports show some […]

While we are experiencing the normal annual cycle with gently slowing sales during the fall and winter months, we can now conclude that we are not going to experience the sharp setbacks we have seen during the latter months of the previous few years. Those months saw sellers lowering their prices and negotiating more aggressively […]

Clients and Friends, This email is primarily about the September reports but I have included the main August report which I missed last month. The return to normalcy in our local markets this year meant that we could take a good vacation and take time out from working our business to catch-up on work at […]

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 […]