Real Estate Tips from Arnett Norris
Real Estate Tips from Arnett Norris
Click below to read local market updates and get my real estate tips and advice.


5 'Must-Do' Projects Before You Go On Vacation (Jul 2018)
Portland Metro Highlights June  2018 Market Update.  The Portland metro market experienced cooler activity this June, however closed sales realized a gain over last month. - New Listing at 4,515 ended 3.2% cooler than May 2018 of 4,665 - Pending sales of 3,058 offers accepted were 4.4% below May 2018 with accepted offers of 3,201. - Closed sales of 2,946 outpaced May 2018 (2,803) by 5.1% Year to Date Summary:  Based on market changes activity remains mixed in 2018

5 'Must-Do' Projects Before You Go On Vacation (Jul 2018)
Portland Metro Highlights June  2018 Market Update.  The Portland metro market experienced cooler activity this June, however closed sales realized a gain over last month. - New Listing at 4,515 ended 3.2% cooler than May 2018 of 4,665 - Pending sales of 3,058 offers accepted were 4.4% below May 2018 with accepted offers of 3,201. - Closed sales of 2,946 outpaced May 2018 (2,803) by 5.1% Year to Date Summary:  Based on market changes activity remains mixed in 2018

Bird and Bee-Friendly Home and Garden Tips (Jun 2018)
Portland Metro Highlights May 2018 Market Update.  - New Listing saw gains of 4,665 outpacing May 2017 of 4,388 by 6.3% and April 2018 rose 16.9% (3,990).  Strongest May for new listing since 2008, when 5,182 were offered. - Pending sales of 3,201 in May rose 6.4% from April 2018 (3,008) - Closed sales of 2,903 were down 3.1% short of 2,896 recorded in May 2017, however showed a 11.1% gain from April 2018 (2,523). Year to Date Summary:  Activity is mixed in 2018 as c

Hiring a Contractor? Use These Tips to Pick a Winner (May 2018)
Portland Metro Highlights April 2018 Market Update.  - New Listing saw gains of 3,990 outpacing April 2017 of 3,759 by 6.1% and March 2018 of 3,648 by 9.4% - Pending sales of 3,008 in April edged 3.9% over 2,894 offers accepted in March 2018. - Closed sales experienced an upswing in April of 2,523, 13.7% increase over April 2017 of 2,219 and 6.4% increase over March 2018 of 2,371. Average and Median Sales Prices  - Average sales price rose 7.5% to $436,800 vs $406,400 - M

Spring Home Maintenance Ideas (and a Checklist) (Apr 2018)
Portland Metro Highlights March 2018 Market Update.  - New Listing realized a gain of 3,648 for the month up from March 2017 of 3,604 and up from Feb. 2018 of 2,530.  Best March since 2010 when 4,987 were offered. - Pending sales of 3,043 were up 23.8% from Feb. 2018 of 2,337. - Closed sales at 2,371 was 31.3% warmer than 1,806 closing recorded in Feb 2018. Average and Median Sales Prices  - Average sales price rose 7.6% to $435,000 vs $414,200 - Median sales price

Remodel Trends for 2018 - Fad Factor or Here to Stay? (Feb 2018)
Portland Metro Highlights January 2018 Market Update.  Overall activity for Pending and New Listings were UP! - New Listing of 2,486 up from Jan. 2017 by 12.4% and Dec 2017 by 53.7% - Pending sales of 2,311 and was the strongest Jan. for pending sales since 2007. - Closed sales at 1,628 were down from Dec. 2017 closings of 2,350. Average and Median Sales Prices  - Average sales price rose 7.6% from $399,600 to $430,100 - Median sales price rose 8.6% from $350,000 to $380

Great Gift Ideas for Home and Family 2017 (Dec 2017)
Portland Metro Highlights Season Greetings! A special greeting at this Holiday time to express to you my sincere appreciation for your confidence and loyalty. I am deeply thankful and extend to you my best wishes for a happy and healthy holiday season. For the Latest Portland Real Estate Market Highlights - check out the Market Action Report & Neighborhood Stats below. In the event you or someone you know is thinking about selling or buying a home, give me a call at 503-3

Arnett's New Website - Tools and Information (Dec 2017)
Announcing Arnett's New Website http://arnettnorris.com/ With the recent merger of Realty Trust Group & Windermere Stellar, I'm pleased to announce my new website to offer great tools, technology and information. As you review my website check out the links for information about: Market information/ stats Property Search Buying and Selling Tips including financial calculators, PDX links for local and community information Neighborhood News customize for your specific ne

What the New Tax Bill Means for Homeowners (Jan 2018)
Portland Metro Highlights Portland Real Estate Market Wrapup 2017 Year to Date market activity was cooler than 2016. - New Listing of 40,805 decreased 0.8% - Closed sales of 31,624 resulted in a decrease of 3.6% - Pending sales of 31,330 decreased 5.7% Average and Median Sales Prices continued to rise in 2017 - Average sales price rose 8.5% from $395,000 to $428,700 - Median sales price rose 9.5% from $347,000 to $379,900 December Inventory decreased to 1.6 months Total Market t

Exciting News & 7 Ways to Make Your Home Guest-Friendly (Nov 2017)
Portland Metro Highlights Happy Thanksgiving to you and your family. “Gratitude can transform common days into Thanksgivings, turn routine jobs into joy, and change ordinary opportunities into blessings.” -William Arthur Ward Exciting News to Share! As of November 1st, Realty Trust Group and Windermere Stellar merged to form a new company, Windermere Realty Trust. I am both professionally and personally excited about this merger of two companies who are so like-minded, es

Fall Home and Garden Ideas (Oct 2017)
Portland Metro Highlights September 2017 Market Update Average and Median Sales Prices continued to rise in September - Average sales price change 9.1% $421,600 vs $386,300 - Median sales price change 9.8% from $371,000 to $338,000 Market activity for the month: Portland experienced cooler activity across the board in September. - Closed sales at 2,660 were 12.3% below the 3,034 recorded in August 2017 and 5.8% (2,823) lower than Sept 2016. - New Listings were down 3,644 (10.0%) comp

What to Do About the Equifax Security Breach (Sep 2017)
Portland Metro Highlights August 2017 Market Update Average and Median Sales Prices continued to rise in August - Average sales price change 9.6% $418,700 vs $382,000 - Median sales price change 11.2% from $332,500 to $369,900 Market activity for the month: Mixed results for the month of August. - Closed sales at 3,034 were up 8.6% from July 2017 of 2,793. - New Listings were down at 4,048 as compared to July 2017 of 4,202 - Pending Sales at 3,072 edged up 1.1% as compared to July 2

Cool Summertime Home and Travel Tips (Aug 2017)
Portland Metro Highlights July 2017 Market Update Average and Median Sales Prices continued to rise in July - Average sales price rose 9.3% from $391,600 to $428,000 - Median sales price rose 11.2% from $340,000 to $378,000 Market activity for the month: Overall real estate activities experienced typical summer seasonal cooling in July. - Closed sales at 2,793 were lower than June 2017 when 3,187 homes closed. - New Listings were at 4,202 as compared to June 2016 of 4,739. - Pendi

July Outdoor Living Ideas (Jul 2017)
Portland Metro Highlights June 2017 Market Update Average and Median Sales Prices continued growth in 2017 - Average sales price rose 10.5% from $373,600 to $412,800 - Median sales price rose 11.4% from $325,000 to $362,000 Market activity for the month - June a good month for new listings of 4,739 a 5.3% increase over 4,539 new listings in June 2016 and 8% increase over 4,388 listing posted in May 2017. - Pending Sales of 3,254 decreased 5.3% as compared to May 2017 (3,435) - Clos

When Does a Guest Become a Tenant? (And Summer Pest Tips) (May 2017)
Portland Metro Highlights April Market Update Average and Median Sales Prices continued growth in 2017 - Average sales price rose 11.3% from $365,200 to $406,500 - Median sales price rose 11.6% from $318,500 to $355,500 Market activity for the month - New listings of 3,759, faired 4.3% better than March 2017 (3,604) - Pending Sales of 3,088 showed 1.5% gain over March 2017 (3,043) - Closed sales of 2,219 fell 11.0% as compared to March 2017 of 2,494 -YTD Days on Market Average 54 d

Outdoor Remodel Projects With Bang for Your Buck (Apr 2017)
Portland Metro Highlights March Market Update Average and Median Sales Prices continued growth in 2017 - Average sales price rose 12.0% from $361,100 to $404,300 - Median sales price rose 12.2% from $315,000 to $353,500 Market activity for the month - New listings warmed up for March with 3,604 outpacing March 2016 listings of 3,409 by 5.7% - Pending Sales sales were up 28.5% over February 2017 - Closed sales of 2,494 outpaced February 2017 (1,669) by 49.4% Arnett's Q1 Sales Activ

Flips vs. Investment Properties, and a Multiple Offer Tip (Mar 2017)
Portland Metro Highlights February Market Update Average and Median Sales Prices continued to raise in 2017 - Average sales price rose 12.1% from $357,400 to $400,800 - Median sales price rose 12.9% from $310,000 to $350,000 Overall market activity for the month experienced mixed results - New listings rose 14.0% (2,521) as compaed to 2,212 new listings for January 2017 - Pending Sales showed an increase of 19.0% (2,369) compared to 1,990 accepted offers in January 2017 - Closed s

PDX Market Update & Remodel Trends for 2017: Fad Factor or Here to Stay? Copy (Feb 2017)
Portland Metro Highlights Portland’s growing up Over the last several decades, Portland has grown steadily into the coveted West Coast lifestyle city it always aspired to be, and today’s housing market is a result of that sustained growth. Our market is—and remains—strong. It has fully recovered from the financial crisis of 2009. It has continued nation-leading appreciation, according to the recent S&P CoreLogic Case-Shiller home price index. Market conditions appear to remain

2017 Top Housing Market Predictions (Jan 2017)
Portland Metro Highlights The Portland Housing Market remains strong and is forecasted to remain strong in 2017! 2017 Portland Home Price Forecast - Veroforecast predicts 11.1% price appreciation for Portland into 2017 and puts Portland as one of the top 8 cities in the nation to watch. http://www.veros.com/news/2016/10/new-geographical-polarization-emerges-modest-gains-continue-2017-us-housing-forecast/ - Zillow predicts a conservative number of 5.5% in price appreciation. http:

2016 Great Gift Ideas for Home and Family (Dec 2016)
Portland Metro Highlights Season Greetings! The end of the year brings no greater joy than the opportunity to express to you season's greetings and good wishes. May your holidays and New Year be filled with joy. For the Latest Portland Real Estate Market Highlights - check out the Market Action Report & Neighborhood Stats below. In the event you or someone you know is thinking about selling or buying a home, give me a call at 503-319-5684 or email arnett@realtytrust.co

The Best DIY Home Security Systems (Nov 2016)
Portland Metro Highlights Happy Thanksgiving Thanksgiving is a time of sharing and celebrating with family and friends. I want to take a moment to express my gratitude as we take time to celebrate the Holiday Season! Thanksgiving is the time to express my sincere appreciation for your confidence and loyalty. I'm deeply thankful and extend to you my best wishes for a happy and healthy Thanksgiving Day For the Latest Portland Real Estate Market Highlights - check out the Market Act

A Look at A Peek Ahead at 2017, Important Home Safety Tip, and Market HighlightsMarket Trends, Home (Oct 2016)
Portland Metro Highlights Portland Market Update - September 2016 Arnett's Sales Activities in the past 30 days. Working with clients to purchase or sell their homes SW Westgate. PDX - Pending Investment Property representing Buyers Portland Metro Real Estate Update - overall real estate activites are mixed for 2016. Prices continue to rise in the Portland metro area. New Listings of 3,673 were 7.3% better than September 2015 and this September was the best in the region since 2

Leather Furniture Buying Tips, Pricing a Rental Property, and Market Highlights (Sep 2016)
Portland Metro Highlights Portland Market Update - August 2016 Arnett's Sales Activities in the past 30 days. Working with clients to purchase or sell their homes SW 18th Place, PDX - SOLD $785,512 New Construction representing Buyers SW 90th Ave, PDX - SOLD $220,000 Investment Property representing Buyers SW Westgate. PDX - Pending Investment Property representing Buyers Portland Metro Real Estate experienced mixed results for Agust New Listings (4,203) rose 8.3% better than

Remodel Mistakes, Grill Buying Tips, and Market Highlights (Aug 2016)
Portland Metro Highlights Portland Market Update - July 2016 Arnett's Sales Activities in the past 30 days. Working with clients to purchase or sell their homes SW 18th Place, PDX - New Construction representing Buyers NW 185th Ave, Beaverton - SOLD $195,000 - representing Seller SW 192nd Ct, Beaverton - SOLD $318,000 -representing Buyer SW 90th Ave, PDX - Investment Property representing Buyers Portland Metro Real Estate - Summer time is here and real estate activities cooled

Great Gear Ideas for When Home Is the Outdoors (Jul 2016)
Portland Metro Highlights Portland Market Update - June 2016 Arnett's Sales Activities in the past 30 days. Worked with clients to put 4 homes under contract and targeted to Close in July/August! SW 18th Place, PDX - New Construction representing Buyers NW 185th Ave, Beaverton - Condo representing Seller SW 192nd Ct, Beaverton - Single family home representing Buyer SW 90th Ave, PDX - Investment Property representing Buyers Portland Metro Real Estate - Home values still growin

Housing Market Update - 2016 Is the Year of Extremes (Jun 2016)
Portland Metro Highlights Portland Market Update - May 2016 Arnett's Recent Sales SE Terrace View Ct. Amity - $514,900 represented Buyers NW 9th Ave., PDX - $820,000 represent Sellers SW Beech Dr., PDX - $270,000 represented Sellers Portland Metro Real Estate market experienced moderate activity. New Listings (4,144) edged up 1.5% over April 2016 new listings. Pending Sales of 3,563 ended 3.8% higher than last month. Closed Sales of2,896 increased 10.9% from 2,611 closed in

Avoid Moving Day Mishaps (May 2016)
Portland Metro Highlights Portland Market Update - April 2016 Portland Metro Real Estate market continues to enjoy seasonal gains this April. New Listings (4,082) are up 19.7% above the 3,409 new listiings offered in March 2016. Pending Sales at 3,432 rose 11.6% over the 3,076 offers accepted in March 2016. Closed Sales (2,611) edged up 1.8% compared to March 2016. Inventory for the Portland metro area saw a slight increase to 1.4 months. Total market time decreaed to 43 days.

5 Ways to Boost Your Home's Value (Apr 2016)
Portland Metro Highlights Portland Market Update - March 2016 Portland Metro Real Estate experienced an increase in springtime activities. New Listings rose to 3,409 up 17.7% above the 2,896 new listiings offered in February 2016. Pending Sales at 3,076 rose 10.4% over the 2,786 offers accepted in February 2016. Closed Sales were 4.4% (2,565) as compared to March 2015 and 41.5% compared to February 2016. Inventory for the Portland metro area was at 1.3 months. Average and Med

Easy-to-Miss Homeowner Tax Savings and Loan Preparation Tips (Mar 2016)
Portland Metro Highlights Portland Market Update - February 2016 Portland Metro Real Estate activities continue to remain strong in February. New Listings rose to 2,896 and were 15.0% above January 2016. Pending Sales of 2,786 ended 9.9% ahead of February 2015 and 24.2% ahead of Janaury 2016. Strongest February for accepted offers since 2007. Closed Sales were of 1,813 were 10% ahead of 1,648 closing posted in February 2015. Inventory for the Portland metro area remains at 1.8 m

What to Expect From the 2016 Housing Market (Jan 2016)
Portland Metro Highlights Portland Market Update - December 2015 Year-End Wrapup Real Estate activities across the board for 2015 were higher than in 2014. Pending sales (34,568) rose 22.5% Closed sales (33,307) rose 20% New Listing (40,815) rose 8.4% Inventory for the Portland metro area in December was 1.2 months, the lowest inventory number since at least 1999. Average and Median Sales Prices were higner in 2015 compared to 2014. Average sales price rose 6.5% from $333,000

2016 Remodel Trends: Fad Factor or Here to Stay? (Feb 2016)
Portland Metro Highlights Portland Market Update - January 2016 Real Estate activities across the board remained strong in January New Listings increased 63.8% (2,519) over the new listing offered in December 2015 Pending Sales increased 15.9% over the offers accepted in December Closed Sales ended 15.9% higher than in January 2015 Inventory for the Portland metro area increased to 1.8 months Average and Median Sales Prices continued to increase Average sales price rose 6.7%

Interest Rate Update and Avoiding Home Sale Surprises (Jun 2015)
Portland Metro Highlights Market Update May Portland Real Estate Market experienced healthy activity. Pending Sales at 3,546 fared 18.6% better than in May 2014 when 2,989 offers were accepted. Closed Sales (2,942) showed a 18.5% improvement over 2,483 closings posted in May 2014. New Listings at 4,161 were 0.7% cooler than the 4,192 new listings offered in May 2014. May inventory decreased to 1.7 months and total time on market decreased to 55 days. Prices continue to rise in

Great Gift Ideas for Home and Family (Dec 2015)
Portland Metro Highlights To My Friends, Clients and Colleagues, Whatever is beautiful, Whatever is meaningful, Whatever brings you happiness... May it be yours this Holiday Season and throughout the coming year! For the Latest Portland Real Estate Market Highlights - check out the Market Action Report & Neighborhood Stats below. In the event you or someone you know is thinking about selling or buying a home, give me a call at 503-319-5684 or email arnett@realtytrust.com to

Keeping Your Home Safe During Holiday Travels (Nov 2015)
Portland Metro Highlights To My Friends, Clients and Colleagues, At this time of Thanksgiving we pause to count our blessings. The freedom of this great country in which we live. It's opportunity for achievement. The friendship and confidence you have shown in me. For all of these things I am deeply thankful. My best wishes for a Happy Thanksgiving! For the Latest Portland Real Estate Market Highlights - check out the Market Action Report & Neighborhood Stats below. In the

Fall Home Maintenance, Hummingbird Tips, and Market Highlights (Oct 2015)
Portland Metro Highlights September 2015 Market Update Along with the cooler fall weather, Portland real estate has cooled slightly in September as compared to August, however all numbers are head of the same measures in September 2014. Closed sales (3,010) were 26.6% aheads of 2378 closings recorded in September 2014. Pending sales (2,971) fared 16.5% better than September 2015 (2,551) New listings (3,424) improved 10.4% over September 2014. Inventory remains at 1.9 months. Ac

Interest Rates, China and More: Fall Housing Market Predictions (Sep 2015)
Portland Metro Highlights August Market Update Portland real estate activity has been higher in 2015 than in 2014 across the board. Closed sales of 22,026 are up 21.8% Pending sales of 24,784 ae up 24.4% New listings of 30,314 are up 8.5% for the year so far August inventory increased slightly to 1.9 months and total time on market decreased to 41 days. Prices continue to rise - August average sales price rose 6.2% from $332,600 to $353,200 and median sales price rose 7.0% from

These New Countertop Materials Are Worth a Look (Jul 2015)
Portland Metro Highlights June Market Update Portland continues to see strong real estate activities. Closed sales at 3,302 showed an increase of 26.5% over 2,617 closings posted in June 2014. Pending sales of 3,605 topped last June's 2,965 by 21.6% New listings of 4,280 bested last June's 4,078 by 5.0% June inventory decreased to 1.6 months and total time on market decreased to 44 days. Prices continue to rise in 2015. June average sales price rose 5.8% to $347,900 and median s




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