Real Estate Auction Brings in $65 Million

Roger Pollock, owner of Buena Vista Custom Homes, put on one of the biggest home auctions that Portland has ever seen. He came out selling 141 homes, making $65 million. This was the first time Pollock had ever put on an auction of this magnitude. By those numbers we’d have to say it was well worth it [The Oregonian].

Agent Tracker

M Realty’s agents are out there everyday looking at all the new listings in Portland. With their Agent Tracker, they can see where they have been and what houses they have looked at for the day. Also they are capable of keeping important notes about each home within their software. With this technology it not only allows subscribers to view what each agent is looking at, but it also allows the agent to keep detailed records of what they are seeing on a daily basis.

Also, check out the M-mobile, M Realty’s
carputer, which makes all of this possible.

Inner Northeast…A Great Place to Live

Inner Northeast Portland is a great place to live. The well established neighborhoods and transitional areas create a nice mix. House stock tends to be old for Portland with lots of variation and character. The supply and demand numbers demonstrate that this are performs as well or better than most areas in Portland.

How Bad is the Portland Real Estate Market?

Well…it depends. The Portland is made up of lots of different Micro markets. Some neighborhoods can be moving nicely while others are sitting with nothing happening. Price stratas can act differently…the high end can be soft while the entry level homes are turning over at a rapid pace. Below are some examples of a few neighborhoods and clusters of neighborhoods.

Inner Northeast Portland

Happy valley

Lake Oswego

Bull mtn-Murray hill

Alberta Arts District

Located in inner northeast Portland, this neighborhood has evolved into a tight knit community of artists, independent business owners, and some of the best eats in Portland. This vibrant area displays local artist’s work on the last Thursday of every month. Artists from all around are welcomed to setup a booth and show off their unique art. A stroll down Alberta Street will immerse you in its character of funky art, independent coffee shops, and colorful boutiques.

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