Retired

Terrific new listing in Southeast Portland. Open House 5/18 and 5/19, 1-4pm.

11552 Se Powell Ct, Portland, OR 97266 - realtor.com® View 10 photos of this 4 bed, 1 bath, 1,101 Sq. Ft. single family home at 11552 Se Powell Ct, Portland, OR 97266 on sale now for $335,000.

You still have time to list and sell during the summer, and be in your new home by the time school starts! Let me know if I can help you with any real estate questions.

It’s going to be a long, hot summer; at least for Portland Metro real estate.

The May 2017 RMLS Market Action Report is out and although summer seems to be coming late this year, the real estate market is going strong! The severe inventory shortage continues. Yes, it was the strongest May for new inventory since 2008, but the market is just as intense as it has ever been because of the backlog of buyers. More listings translated into more opportunities for buyers last month, but with such a quick action market, they still had to act fast to win a home. It continues to be a frenzy market in the more affordable and mid-price ranges with explosive sales, severe inventory shortages, intense competition, and multiple offer situations.

The median home price in the Portland Metro area is now $370,000, up 10.7% from the $334,200 price in May of 2016.

*****Coming Soon!*****

Look for an announcement and invitation to attend a free, Home-buying seminar, loaded with information every home seller and buyer can use, provided by The Key Team at Academy Mortgage, and me, Greg Smith, of John L. Scott Real Estate - NE Portland.

If you currently rent and would like to buy "someday", we'll show you how to realize that dream sooner than you may think!

Bad credit? We'll connect you with resources who can help you raise your credit score quickly and easily.

No down payment? No problem! We'll give you ideas on how you may be able to buy now, as well as explain some loan programs requiring little or no money down, and where to look for grants and other sources of funding.

On the fence about whether you should buy a home? We'll give you the scoop on the current real estate market, and provide you with resources to see if it makes good financial sense for you to buy now or wait, as well as the steps you should take NOW even if you aren't ready to buy.

You won't want to miss this if you are thinking of buying real estate.

Fairway IMC - Hillsboro Specializing in Jumbo, FHA, VA, USDA, and First Time Home Buyers.