My Blog

Good morning!

You'll find the last month's inventory of closed condos in Lake Oswego below.  If you have any questions about the currently listed condos in town, or want information about buying or selling a condo or property, give me a call, and let's talk!  
Stay warm, and have a great weekend.

-Blake

Building	Street Address	# of Bedrooms	# of Bathrooms	Square Footage	# of Parking Spaces	Closed Price
Tanglewood Hills	4 Touchsstone #63	2	2	984	0	$117,500
Sunny Grove Condos	4644 Lower Drive 4.B3	2	1.5	1170	1	$129,000
Forest Condos	4000 Carman Dr #35	2	2	869	0	$135,000
Spring Creek Condos	3680 Spring Ln #2B	2	2.5	1152	2	$187,000
	22 Condolea Dr	2	2	1454	2	$275,000
Wheatherstone Condos	68 Wheatherstone Ct #34	4	3.5	2465	2	$312,500
555	527 2nd St	2	2	1292	1	$519,079

Happy First Thursday, everyone!  It's a nice sunny day in Portland today.
Below, find a list of all the units that have closed in the last month in Portland's Pearl District.  It's a great time to be in the market in downtown Portland.  Great prices on wonderful homes, and interest rates to match!  If you want to find out any more about specific listings or buildings in Portland, let me know, and we'll set up a tour!

Building Name	Street Address	# of Bedrooms	# of Bathrooms	Square Footage	# of Parking Spaces	Sold Price
Park Place	922 NW 11th Ave #714	2	2	1028	1	$430,000
Hoyt Commons	618 NW 12th Ave #217	1	1	783	1	$315,000
Bridgeport	1130 NW 12th Ave #312	1	1	831	1	$280,000
Lexis	1125 NW 9th Ave $420	0	1	566	1	$169,900
937	937 NW Glisan St #632	1	1	943	1	$345,000
The Edge	1410 NW Kearney St #909	1	2	1432	2	$510,000
Metropolitan	1001 NW Lovejoy St #450	1	1	1339	1	$630,000
Metropolitan	1001 NW Lovejoy St #1001	2	2.5	1888	2	$1,236,000
McCormick Pier	710 NW Naito Pkwy  C-1	1	1	691	0	$195,000
McCormick Pier	606 NW Naito Pkwy A-9	1	1	792	0	$187,500
Pacifica	1830 NW Riverscape St #411	2	2	1397	1	$475,000

Join Riverscape Properties and the Northwest Food and Wine Festival for a fall event hosted in the Pacifica Tower at Riverscape.
Enjoy a pinots and ports tasting as well as a great selection of food items.  Art by local area artists will also be on display.  We'd love to see you there!
RSVP appreciated by October 21, 2008 .. Call 1 800 422 0251 x3006 or email me at blake@ellisnw.com to let me know you're coming!

Below, you'll see the August 2008 numbers for the Portland area Real Estate market.  Our current inventory of listed homes is holding steady at 9.9 months.  The average sale price for August 2008 was down 6.7% compared to August 2007, while the median sale price dropped 7.3% (the table below will illustrate this for you as well).

If you would like to see more detailed information on your specific area, or are interested in Buying or Selling, feel free to call or email me any time!  blake@ellisnw.com 503 473 5097

YUM! I was finally able to try Le Pigeon, a new(er) Portland restaurant on E Burnside and 7th that has been very well received by Portlanders and food critics alike.  This small new restaurant has already been written up by New York Times food editors, and was packed to the brim even on a Monday night at 10pm - for good reason.

It's SO GOOD!

I enjoyed a foie gras appetizer which was finished with some cherries and a sweet cherry sauce, and then had a main course of Beef Cheek Bourguignon.  This is food that makes you take a deep breath and sit back in your chair.  Also, the space is pretty fun.  Seating is communal, so you'll share your table with other Portlanders and visitors. The kitchen is open to the dining area, and if you sit at the bar, you'll get to see the chefs in action.  Take a trip, I promise you'll be glad you did.  (Take me with you!! :) )

738 E Burnside St
Portland, OR 97232 (503) 546-8796
www.lepigeon.com  

Price Range: $$$ Accepts Credit Cards: Yes Parking: Street Attire: Casual Good for Groups: No Good for Kids: No Takes Reservations: Yes

Delivers: No Take-out: No Waiter Service: Yes Wheelchair Accessible: No Outdoor Seating: No Good for: Dinner Alcohol: Beer & Wine Only

RMLS just released the July 2008 Market Action Report yesterday afternoon.  According to the new report, numbers from July pretty closely mirror what we saw in June 2008.  Inventory in the Portland, Oregon metropolitan area did tick up just a bit to 10 months of inventory.  This means that at our current rate of closed sales, it would take 10 months to sell out of our current inventory.  See below for a little more detailed information regarding our most current listings and sales numbers for the Portland, Oregon real estate market.
Click here for the full report.