Bridge to Portland Group

School is back in session, the leaves have officially turned, and the last few weeks of the summer real estate market have come to a close. How did the Portland metro area fare last month? Here are our key takeaways from September: • Days On Market (DOM): The number of days a listing spends on the market before going under contract is a long-used measure of market strength. These numbers ebb and flow seasonally so we look to year-over-year data. In August 2022, the DOM was at a 5+ year low. Things were flying. Today, in October 2024, the average DOM is more similar to what we saw in 2020. Typically, in the 4th quarter of the year, days on market and price reductions both increase. The rate of price reductions this year is about the same as it was in 2022 and 2023 (roughly 50% of homes as compared to 40% of homes in the hotter markets of 2020 and 2021 at this same time of year.) • The best homes are still selling well. But, that leaves a lot of inventory to consider. To illustrate we can compare the September active vs. pending inventory in the Portland area: there were 559 active and 249 pending homes in SE, 461 active and 188 pending in NE, and 1002 active with only 186 pending in West Portland. • Median price point and price per square foot measures have both stayed relatively steady in our marketplace. These data "holds" signal that supply and demand are balanced at this time. The slam-dunk sellers' markets of 2021 and early 2022 have been replaced with a bit of equilibrium in the housing market supporting both sellers who have prepared their homes well, and buyers who know what they want and can benefit from less competition. When these conditions are met, homes continue to change hands quickly after listing. Opportunities for buyers come from a willingness to see potential and forgo perfection for the short term. For sellers, optimizing preparations, making updates with the highest ROI, and savvy pricing strategies are most effective. #octobermarket #septemberstats #marketstats #housingmarket #portlandhousingmarket #portlandrealtor #portlandrealestate #portlandrealestatemarket #markettrends #realestatemarket #realestatemarketupdate #realtorlife #homesales #oregonrealtor #oregonrealestate #pnwrealestate #pdx #portlandoregon #bridgetoportland #livingroomrealty #lovewhereyoulive #lovewhereyouwork

Helping you find your first Oregon home and now guiding you into this next chapter has been a true privilege, Bill. Your trust and kind words mean so much. For me, real estate goes beyond the transaction—it’s about being there for every step of the way, understanding your goals and dreams, and celebrating each milestone along with you. It really is my purpose and my passion. Thank you for letting me be part of your journey not once, but twice! #clienttestimonial #clientlove #fivestarreview #realestatereview #sellingahome #homesale #downsizing #tigardor #oregonrealtor #oregonrealestate #portlandoregon #pdx #grateful #success #realtorlife #pnwrealestate #home #bridgetoportland #livingroomrealty #lovewhereyoulive #lovewhereyouwork

This review literally brought tears to my eyes. Learning that this buyer backed out while my clients were driving across the country in a moving truck was gut-wrenching. I felt their heartbreak, but I knew we couldn’t give up. We rallied together and got the deal back on track, and I’m so thankful for the trust they placed in me during such a difficult moment. It’s clients like Dan and Dawn that remind me why I love what I do. Thank you for letting me be there, Dan, not just as your Realtor, but as someone who truly cares. Your words mean the world. #clienttestimonial #clientlove #fivestarreview #realestatereview #sellingahome #homesale #downsizing #marketready #oregonrealtor #oregonrealestate #portlandoregon #pdx #washingtonrealtor #washingtonrealestate #camaswashington #grateful #success #realtorlife #pnwrealestate #home #bridgetoportland #livingroomrealty #lovewhereyoulive #lovewhereyouwork

Now that we've closed out the third quarter of 2024, we are so proud to share that we’re still the #1 team at Living Room Realty this year! Over the last nine months, we had the privilege of helping 33 sellers and 29 buyers, successfully closing on 62 properties as a team. We’re honored to be part of Living Room Realty, a certified B Corp that values community just as much as we do, and we are humbled by all of the amazing agents that we get to work alongside every day. A heartfelt thank you to our amazing clients, trusted partners, and vendors for your continued support—we simply can't do what we do without you! As 2024 comes to a close, we’re more motivated than ever to help even more people make their real estate dreams a reality. Whether you’re planning to buy, sell, or invest this year or next, we’d love to be part of your journey. Let’s connect! Bridge to Portland Group (Sharon Bloudek, Beth Benner, and Genmae Rianelli) 503-897-7899 hello@bridgetoportland.com bridgetoportland.com #topteam #portlandrealtor #portlandrealestate #grateful #success #realtorlife #sellingahome #buyingahome #homesales #oregonrealtor #oregonrealestate #pnwrealestate #pdx #portlandoregon #bridgetoportland #livingroomrealty #lovewhereyoulive #lovewhereyouwork

Attention Oregon homeowners! Property tax bills will start going out soon and when they do you may notice that yours is a different color than an average piece of mail. Don't worry; you're not seeing things. Here's what the color of your property tax bill means: Yellow Bill - A yellow tax bill means that your lender is making the payment from your escrow account (ie. you don't need to pay out of pocket!). Green Bill - A green tax bill means that you (the homeowner), are likely responsible for the bill and other arrangements have not yet been made. Like a deal? Good news! If you get that green bill and pay the amount due in full by November 15th, you'll receive a 3% discount! #propertytaxes #ortaxes #colorcoded #taxtime #portlandrealtor #realtorlife #oregonrealtor #portlandoregon #bridgetoportland #livingroomrealty #lovewhereyoulive #lovewhereyouwork

Feeling grateful for this recent 5-star Zillow review! Thank you, Ronald, for your kind words! Helping you get your home market-ready and navigating the selling process together was a pleasure. I'm always here to listen, collaborate, and find solutions that work for my clients. If you're thinking about buying or selling, I'm here to help every step of the way! #clienttestimonial #clientlove #fivestarreview #realestatereview #sellingahome #homesale #downsizing #marketready #oregonrealtor #oregonrealestate #portlandoregon #pdx #grateful #success #realtorlife #pnwrealestate #home #bridgetoportland #livingroomrealty #lovewhereyoulive #lovewhereyouwork

Ready to make your home shine for 2025? A fresh coat of paint can make all the difference when getting your house market-ready! Expert broker and Bridge to Portland Group team lead Beth Benner rounded up the top color trends that will take your home to the next level and help catch buyers' eyes. Curious which shades will make the biggest impact? Head to our latest blog post for all the details! https://lnkd.in/gEs9EdEg #colortrends #homecolors #2025colors #askarealtor #realestatequestions #askanexpert #homesales #portlandrealtor #portlandrealestate #blogpostalert #newblogpost #newblog #blogpost #oregonrealtor #oregonrealestate #pnwrealestate #pdx #portlandoregon #livingroomrealty #bridgetoportland #lovewhereyoulive #lovewhereyouwork

We're going on tour! Join us on Tuesday, October 8th from 12 pm - 2 pm for an exclusive look at some of the best homes SW Portland has to offer! Whether you're dreaming of a mid-century gem, a cozy contemporary home, or a stylish townhouse, we've got something for everyone. We’ll be serving lunch at all four homes and have FREE pumpkins to give away to get you in the fall spirit! Stop by to tour the homes, chat with our expert team, and discover the unique charm that makes SW Portland such a special place to live. See you in SW! #hometour #swportland #portlandhouseforsale #homesforsaleportland #midcenturymodern #contemporaryhome #townhome #multnomahvillage #openhouse #bridgetoportland #realestateagent #pdx #portlandoregon #pnwrealestate #oregonrealestate #oregonrealtor #livingroomrealty #lovewhereyoulive #lovewhereyouwork #home

Just a friendly reminder that our 4th Annual Pumpkin Fest event is happening THIS SUNDAY, October 6th from 2 pm-4 pm at our Living Room Realty Multnomah Village office (7830 SW 35th Ave)! We're turning our parking lot into a literal pumpkin patch with an assortment of sizes, shapes, and colors for you to take home for carving or decorating! And we have lots of other fun activities planned for you as well: • We'll be serving up apple cider and caramel-filled churros for those with a seasonal sweet tooth. • Our famous Guess the Price game will return where you’ll have a chance to win up to $100 in cash & prizes. • You can also enter a drawing to win an All Things Autumn gift basket worth up to $150 in fall-focused home goods and treats! • We’ll have a Halloween-themed coloring station set up for the kids (or for the adults that want to explore their creative side)! • For the first time ever, this event will also feature live music from Otto Lange, a fun local act based out of Multnomah Village! • And don’t forget to bring a new child's Halloween costume with you to support Friends of the Children Portland as well. We’ll deliver all donations to this great organization following the event. See you on Sunday!

It's that time of year! Here are 10 important things you can do to help prepare your home for the colder months ahead. Looking for professionals to help with these tasks? Reach out to us! We have an extensive list of vendors we trust that we'd be glad to recommend. #fallcleaning #fallprep #seasonalchecklist #fallchecklist #portlandrealtor #portlandrealestate #oregonrealtor #oregonrealestate #pnwrealestate #home #pdx #portlandoregon #livingroomrealty #bridgetoportland #lovewhereyoulive #lovewhereyouwork