Right now is more important than ever to support local businesses. Whether it’s purchasing a book through your neighborhood bookshop, coffee from the local cafe, take out from your favorite restaurant, or a special treat from the apothecary. You will make an impact in our local economy. We want to see as many of the unique small businesses that make living in our neighborhoods so special, join us on the other side.
As a full time real estate principal broker for 28 years, I have been through many market changes. The downturn of 1987, the shock of 9/11, the housing boom of the 2000’s, the Economic Recession of 2008, as well as the fast paced market of the last five years. Home ownership is an essential need for most people. I don’t have a crystal ball but I do know that this “particular moment in time” will pass and we will be back to our normal, healthy real estate market in the Portland area soon.
Take care.
Mj
We all have wonderful spaces to enjoy while we stay in place. During this time think of those who are without homes. Please remember to donate money, food or simple lunches to the homeless through your favorite food bank or charity.
Blanchet House
Oregon Food Bank
Rose Haven
St. Vincent De Paul
Catholic Charities
PPS
By Will Parker | January 28, 2020
Home-price growth accelerated in November, in the latest sign the home-sales market is picking up steam after a slow start to 2019.
The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 3.5% in the 12 months to November, up from a 3.2% annual pace the prior month.
After a long period of price deceleration, if the current pace of price growth continues, it could offset some of the decreased costs home buyers are otherwise seeing with low mortgage-interest rates.
For more information on the current real estate market click here.
Photos by Amy Berry, River Spencer and Becky Boyle
By Emma Bazilian, House Beautiful
Dallas-based designer Amy Berry says she's seeing more and more of her own young clientele returning to old-school design. “After watching everybody do neutral, transitional rooms for so long, we’ve had several younger clients come to us in the past year asking for things like chintz and treillage and bright colors, and I’m thrilled about it,” says Berry, who opened her own shop, Amy Berry Home, last December. “It’s been surprising to see the types of things our twenty- and thirty-something customers are going crazy for—Fermoie pleated lamp shades, botanical prints, framed Gracie wallcovering panels we can’t keep in stock.”
While grandmillennials point to social media as a cause of the design monotony they're seeking to upend, it's also true that those same platforms have played a crucial role in helping the movement grow and flourish. Consider the recent renaissance of needlepointing—one of the granniest of all hobbies—among the IG set. To read the full article on this new (but old) trend click here.