Main Content

Phil Wax

With Few Homes for Sale, Portland Prices Will Rise

You've probably heard "months inventory" or some variant bandied about in conversations about residential real estate. What does it mean? Months inventory is the number of months it would take to sell every home on the market at a given month'...

Read more

Is Anybody Buying a Home In Portland During COVID?

Real estate activity in Portland, and in most of America, came to a screeching halt in mid-March as would-be home buyers and sellers slowed or paused their plans amid initial COVID-19 concerns. The economic disruption from stay-at-home orders d...

Read more

Portland Housing & the 2020 Recession

The most dangerous words in economics, “This time is different,” are a stark reminder to be very careful predicting the future based on history. That said, here is our forecast for the Portland housing market for the remainder of 2020, base...

Read more

Understanding Property Taxes on Your Portland Home

Oregon Property Tax Basics: Property taxes in Oregon are due November 15th for the tax year beginning July 1st and ending June 30th. Tax bills are mailed no later than October 25th. Property taxes are based on the property’s Assessed ...

Read more