Tuesday, October 28, 2014

According to the just released S&P Case-Shiller report, Portland has enjoyed a 7.2% increase in housing prices in the past 12 months.

WASHINGTON (MarketWatch) — Here’s a city-by-city look at house prices using the S&P/Case-Shiller 20-city composite, which rose 0.2% in August and has advanced 5.6% year-on-year.
City One-month percentage change One-year percentage change
Atlanta0.4%5.3%
Boston0.1%5%
Charlotte-0.1%2.5%
Chicago0.4%2.9%
Cleveland0.3%0.8%
Dallas0.5%7.3%
Denver0.5%6.3%
Detroit0.8%7%
Las Vegas0.5%10.1%
Los Angeles0%6.8%
Miami0.3%10.5%
Minneapolis0.3%3.9%
New York0.4%3.1%
Phoenix0.2%4.3%
Portland0.3%7.2%
San Diego-0.1%6.2%
San Francisco-0.4%9%
Seattle0%6.6%
Tampa0.2%5.5%
Washington0%3.1%
• Detroit had the biggest monthly gain, of 0.8%.
• The Sun Belt region saw its worst annual returns since 2012.
• Every city apart from Cleveland saw its annual gains decelerate.
• Every city but Boston and Detroit saw their monthly returns in August lower than in July.
• Miami now sports the fastest annual growth, at 10.5%.
• From the peak in the summer of 2006, home prices nationally are down 17%, while the recovery from the March 2012 lows is 29.5%.

Monday, October 27, 2014

Here in the Northwest, we've just had a brutal weekend with high winds and heavy rains. The winds have subsided, but more rains are coming. Hah, we are in the Northwest, we know that. However, there is still time to prepare your home for the fall by following some basic tasks. Check our this article from Redfin:

http://blog.redfin.com/blog/2014/10/fall-home-maintenance-checklist.html?utm_source=rss&utm_medium=rss&utm_campaign=fall-home-maintenance-checklist#.VE7K2E18P8w

Enjoy this fall weather before it turns cold.

Cody Cox
Northwest Property Options