The Market? It's Complicated. /  by Lee McKnight

Whenever we are overloaded with market data, we tend to lean on averages and quick snapshots to make sense of what's happening. At this moment, activity in the housing market is not easily generalized, which is why we want to talk to you about micro markets. 

This week, Chris Bonner, one of our lead brokers, talks us through what micro markets are, why they are important right now, and the trends that are emerging in a few specific micro markets in Portland.

If you have questions about one of Portland's many micro markets, we would love to hear from you! And don't forget to subscribe to our YouTube channel so you never miss an update.

Cleaning in Captivity /  by Lee McKnight

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Many of us are spending more time at home than usual, and this might mean that we are noticing things we didn't see before–when we were moving through our days at 100 miles an hour.

If you find yourself staring despondently at the dust on picture frames, dismayed by the overcrowded bathroom cabinet, or disturbed by the tan hue of your oven window, you might be ready for a deep, spring cleaning. Here is a clear, concise checklist to help get you started.

Have you discovered any quarantine cleaning hacks? If so, please share them with us!

Help Hasson Help the Community! /  by Lee McKnight

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Hasson Company agents are actively fundraising to provide meals to those hit hardest by the pandemic. We are partnering with our favorite local restaurants, to provide individually packaged meals to those in need, including local healthcare workers at area hospitals and individuals and families experiencing food and housing insecurity. We are thrilled that we have the opportunity to support both individuals in need and local restaurants that are trying to keep their employees working.

Consider supporting these efforts by donating to our GoFundMe campaign. We already surpassed our original $10,000 goal but continue to accept donations so we can keep sending meals!

COVID-19 Market Impact Report (April 24) /  by Lee McKnight

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We are now six weeks into tracking the data, and we are so glad that we decided to asses and compare specific areas and price ranges. As you can see, various micro-markets are experiencing different things as the reality of the "new normal" sinks in.

In the close-in eastside market under $750K, we continue to see a strong seller's market, where properties with good amenities, locations, and appropriate pricing are garnering multiple offers and sometimes going for well over asking price. We are even seeing some buyers waive appraisal and shorten inspection timelines to be the winning bidder. We are counseling some folks to press pause until this frothy feeling mood abates.

On the listing side, we are letting folks know that if they have been thinking about putting their home on the market, there hasn't been a better time as long as they can vacate it during the marketing and inspection periods.

You can view the information online or use this link to download the report. We will keep you posted as new data comes in and let us know if you have questions about any specific area and/or price range.