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Next Use for Nextdoor
Next Use for Nextdoor
For those that don’t already know, Nextdoor is one of the newer local community apps that allows the user to stay in touch with neighbors in your specific neighborhood. Download the app or go to the website, create an account, verify your address and, poof!, you now have access to streams of content specific to your neighborhood. This content is created and shared by your real life neighbors who are seeing and hearing things in your specific neighborhood. It’s like the new age ‘word of mouth.’ Stay up to date on neighborhood happenings, crime, jobs, lost and found, and more.
According to collected data, real estate is one of the most popular topics on the app to date. Creators recognized this need for a niche and have finally created an entire section just for real estate. Here, you will not only be able to see local houses for sale but who in your neighborhood has them listed and you can connect with them on the app. In this thriving Portland housing market, it’s good to know your real estate agent knows your neighborhood an this is the perfect tool to connect with local real estate agents who know you neighborhood in and out. Our agents know the local market – connect with them on Nextdoor’s new Real Estate section.
Information adapted from Nextdoor Blog
Top 7 Metros with Highest Home Price Increases
Housing Wire reports on Black Knight Financial Services stating the top 7 metro areas with the highest home price increase and surprisingly, Portland, OR is not one of them.
Home prices increased in May from the previous month and the previous year, according to the latest Home Price Index from Black Knight Financial Services.
Home prices hit yet another new peak in May, marking a total gain of 4.6% so far in 2017. Annually, home prices increased 6.1% from May last year to $278,000. This marks an increase of 1.1% from April.
The Black Knight HPI uses repeat sales data from its records data set and its loan-level mortgage performance data to produce home prices for disclosure and non-disclosure states.
Home prices increased in every state and in the 40 largest metros in the U.S., while 11 of the top 20 most populous states and 20 of the 40 largest metros hit new peaks.
Here are Black Knight’s top seven metros with the highest home price increases in May:
7. Gainesville, Florida – 1.8%
6. Stockton, California – 1.8%
5. Walla Walla, Washington – 1.8%
4. Tallahassee, Florida – 1.8%
3. Buffalo, New York – 1.8%
2. Carson City, Nevada – 1.9%
1. Spokane, Washington – 1.9%
It seems the largest increases in home prices growth are occurring outside of the major cities. Not one of the top seven cities with the most price growth appears on Black Knight’s list of the 40 largest metros.
Among the nation’s top 10 largest metropolitan areas, ranked by population, home price growth ranges from 0.6% monthly to a median home price of $412,000 in the District of Columbia to an increase of 1.4% to $258,000 in Dallas.
‘Parking Kitty’ Takes Portland
Portland’s *NEW* Mobile Meter Maid
Parking Kitty is Portland’s new mobile app that makes your parking experience simple because that’s the way it should be. Park, pay, and be on your way.
Source: PBOT
For more: https://www.portlandoregon.gov/transportation/article/637828
You’re Invited!
Windermere Community Realty invited you and your neighbors to shred documents and enjoy a BBQ!
Windermere Community Realty invites you and your neighbors to shred documents and enjoy a BBQ! April 29, 2017 10 AM – 1 PM at 2105 NE Cesar E Chavez Blvd. Portland OR 97212. Call for details: 503-249-1706
Understand HUD Homes Class 1-20-2017
Windermere Community Realty hosts continuing credit HUD Homes classes, led by Principal Broker, Gary Haven & Broker Robert Brown. The classes occur each month and are available to attend at both office locations, Hollywood & Oregon City
Portland has fastest-rising home prices in U.S.
PORTLAND, Ore. – Anyone who lives in Portland knows that home prices have been spiking over the past few years. Now, one of the top financial agencies named Portland as the city with the highest-rising home prices in the nation.
The S&P Dow Jones Indices released data showing home prices in Portland have grown 11.8 percent year-over-year in January 2016.
Seattle and San Francisco took the number two and three spots, with a 10.7 percent and 10.5 percent increase, respectively.
On average, home prices in cities across the country rose 5.7 percent. The S&P Dow Jones Incides reported the western part of the country had the largest price gains, while the northeast had the weakest gains.
The booming market is also making it hard for new buyers to get into homes.
"While low inventories and short supply are boosting prices, financing continues to be a concern for some potential purchasers, particularly young adults and first time home buyers,” said David Blitzer, Chairman of the Index Committee. “The issue is availability of credit for people with substantial student or credit card debt.”
Blitzer said home prices are rising at twice the rate of inflation.
While Portland homes are getting more expensive, rents are intensifying even more quickly. According to data from Zillow, the average rent for all Portland homes has risen from $1563 to $1770 between January 2015 and 2016, an increase of 13 percent.
-Courtesy of KGW
HOME & GARDEN SHOW
ADMISSION: $10 general, 12 and younger free.
The show is filled with gardening supplies, accessories, furniture, outdoor art and tips from gardening gurus. Tour 12 inspirational "Excellence in Landscaping" garden displays and visit with hundreds of vendors and retailers.
February 25th through February 28th.
11 a.m.-8 p.m. Thu-Sat 11 a.m.-6 p.m. Sun
For more information please visit http://www.otshows.com/phs/
Portland’s Winter Lights Festival
