Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Sept. 15, 2026

Sunnyside Home Values: A Seller's Guide

Sunnyside — Smira Group

Sunnyside is Portland's eclectic heart. Draped across the Belmont and Hawthorne corridors, it's artsy, walkable, and unapologetically full of character — the kind of neighborhood people fall for on a single afternoon stroll. That distinct personality is exactly what makes it sell.

The Sunnyside appeal

Walkable, creative, and connected. Cafes, theaters, shops, and restaurants line Belmont and Hawthorne, while the side streets hold early-1900s bungalows, Victorians, and Foursquares with real texture. Buyers who want personality and a car-optional lifestyle keep coming back to Sunnyside.

What shapes value here

Character and walkability carry real weight. Preserved period details, porch appeal, and proximity to the Belmont/Hawthorne action all move the number — and a home two blocks closer to the corridor can price differently. A citywide estimate rarely captures that.

Want a number that reflects your street? Get your Sunnyside home value here, or reach out for a full CMA on recent sales.

Selling in Sunnyside this fall

Fall suits Sunnyside — the tree-lined streets turn, and the neighborhood's cozy, walkable character comes into its own. Lean into it: warm interior staging, clean gutters ahead of the rains, and photos that catch the autumn color out front. With daylight shrinking, turn on every light for showings and favor earlier appointments so the home reads bright and welcoming.

Three tips for a Sunnyside home

  • Lean into personality. Buyers here pay for character — don't sand it away.
  • Feature the walk score. Steps to Belmont and Hawthorne is a genuine draw.
  • Refresh the essentials. Keep the charm; update the systems and kitchen where it counts.

I have a soft spot for the character homes Sunnyside is known for. I'm Michael Smira — 15 years in, top 1% for the last 12 — happy to give you a candid read on your home's value.

Michael Smira, Realtor®
Smira Group — John L. Scott
(503) 935-2560 · michael@smiragroup.com

Posted in Market Updates
Sept. 8, 2026

Kerns Home Values: A Seller's Guide

Kerns — Smira Group

Kerns punches well above its size. Wedged between Laurelhurst and the river, this compact, close-in NE neighborhood packs in some of the city's best food and coffee along 28th Avenue, a stock of characterful early-1900s bungalows, and a walk-everywhere convenience that keeps buyers competing for it.

Why buyers gravitate to Kerns

Location and energy. You're steps from the 28th Avenue restaurant row, minutes from downtown, and right beside Laurelhurst Park's greenery. The neighborhood's Craftsman bungalows and cottages bring genuine character, and its close-in walkability is increasingly rare and valuable.

What a Kerns home is worth

Walkability commands a premium here, and original character — built-ins, fir floors, front porches — resonates with the buyers this neighborhood attracts. Lot size, condition, and proximity to the 28th Avenue corridor all factor in beyond what a generic estimate can read.

Want a real number for your block? Get your Kerns home value here, or ask me for a full CMA on recent nearby sales.

Fall prep for a Kerns sale

As Portland's rains return, buyers notice how a home is cared for. Clear the gutters and downspouts, have the furnace serviced, and swap in cozy, warm lighting for those grayer showing days. Inside a close-in bungalow, a warm, lamp-lit staging feels inviting exactly when the weather turns — and it photographs far better than harsh overheads in low fall light.

Three tips for selling in Kerns

  • Sell the walk. Steps to 28th Avenue coffee and dining is a headline feature.
  • Protect the character. Keep the period charm; modernize kitchens, baths, and systems.
  • Stage cozy. A warm, close-in bungalow shows beautifully in fall.

Character homes are my specialty. I'm Michael Smira — 15 years in this market, top 1% for the last 12 — and I'd be glad to give you an honest read on your home's value.

Michael Smira, Realtor®
Smira Group — John L. Scott
(503) 935-2560 · michael@smiragroup.com

Posted in Market Updates
Sept. 1, 2026

Lake Oswego Home Values: A Seller's Guide

Lake Oswego — Smira Group

Lake Oswego is the Portland area's premier suburban address, and it earns the reputation: a genuine lake at its center, top-rated schools, a walkable downtown, and a mix of luxury estates, mid-century gems, and lakefront homes. If you own here, you're in one of the region's most consistently in-demand markets.

Why buyers choose Lake Oswego

Schools, lake, and lifestyle. Families are drawn by the highly rated Lake Oswego School District; buyers of all kinds are drawn by lake access and easements, Millennium Plaza Park and the downtown core, and a polished, well-kept community feel — all within easy reach of Portland and the westside tech corridor.

Lake Oswego market at a glance (2026)

Lake Oswego is the most expensive market in Oregon, and the range is wide. Citywide, the median list price sits around \$1.05M, homes average roughly 63 days on market, and single-family sale prices are up about 3.7% year over year (price per square foot lands in the ~\$440–\$509 range depending on tier).

The market largely splits along two ZIP codes: 97034 (east/central — downtown, First Addition, Evergreen, and the premier lakeside neighborhoods) runs a higher median in the \$1.3M–\$1.5M range, while 97035 (west — master-planned communities like Mountain Park and Westlake) sits nearer \$910K.

By tier: premium neighborhoods (\$1.5M+) such as Forest Highlands, North Shore–Country Club, and Blue Heron lead with waterfront and large-lot estates; mid-range (\$900K–\$1.5M) areas like McVey–South Shore, Bryant, and Palisades sit near the city median; and more accessible pockets (under \$900K) like Hallinan and Mountain Park offer condos, townhomes, and smaller, well-located lots. (These are a 2026 snapshot — and because individual neighborhoods see relatively few sales each year, ask me for today's real numbers on your specific street rather than relying on a broad average.)

What drives value in Lake Oswego

This is a distinct, higher-end market with its own rules. School boundaries, lake access or views, lot size, and finish level all move value significantly — often more than a broad metro estimate reflects. Homes here reward accurate, hyper-local pricing.

Curious what your home would bring? Get your Lake Oswego home value here, or reach out for a full CMA on recent sales in your part of town.

Prepping for an early-fall Lake Oswego sale

September is one of the year's best selling windows here — summer travel is over, families are settled, and serious buyers re-engage. As the light shifts, make sure interiors feel warm and well-lit for later-afternoon showings, and give the landscaping a crisp early-fall cleanup. If you have lake access or a view, feature it prominently before the gray season sets in.

Three tips for selling in Lake Oswego

  • Lead with lifestyle. Schools, lake access, and downtown proximity are the top motivators.
  • Present at a high level. This is a discerning market; finishes and staging pay for themselves.
  • Price to the sub-market. Value varies sharply by pocket and school boundary.

I work across Portland's finest neighborhoods and the Lake Oswego luxury market. I'm Michael Smira — 15 years in, top 1% for the last 12 — and I'd be glad to give you an honest read on your home's value.

Michael Smira, Realtor®
Smira Group — John L. Scott
(503) 935-2560 · michael@smiragroup.com

Posted in Market Updates
Aug. 25, 2026

Eastmoreland Home Values: A Seller's Guide

Eastmoreland — Smira Group

Eastmoreland feels like a park you get to live in. Anchored by Reed College, the Eastmoreland Golf Course, and the Crystal Springs Rhododendron Garden, its curving, tree-canopied streets and grand historic homes make it one of the most picturesque — and prestigious — addresses on the eastside.

Why Eastmoreland commands a premium

Setting and stature. The neighborhood's stately Tudors, Colonials, English cottages, and Craftsman homes from the 1910s and '20s sit beneath one of the city's most celebrated tree canopies. Between Reed, the golf course, the rhododendron garden, and well-regarded schools, buyers compete hard for the right home here.

What shapes value in Eastmoreland

Details and setting drive premiums — preserved period craftsmanship, lot size, mature landscaping, and proximity to the golf course and schools all matter. Two comparable homes a few blocks apart can price quite differently, which is exactly why a citywide estimate falls short.

Want a number worthy of your home? Get your Eastmoreland home value here, or reach out for a full CMA on recent neighborhood sales.

Late-summer prep for an Eastmoreland home

The end of August aligns with a motivated, family-driven buyer pool timing a move before the school year. Eastmoreland's famous trees are still full — use them in your curb-appeal photography — and highlight proximity to Reed, Duniway, and the garden. Give the landscaping a professional refresh; on these grand lots, the grounds are part of the pitch.

Three tips for a historic Eastmoreland home

  • Lead with character and setting. The architecture and tree-lined streets are your edge.
  • Preserve, then update wisely. Keep the period charm; modernize kitchens, baths, and systems.
  • Price to the micro-market. Eastmoreland's comps are its own world.

These prestige historic homes are my wheelhouse. I'm Michael Smira — 15 years in this market, top 1% for the last 12 — and I'd be glad to walk your home and give you a straight read on its value.

Michael Smira, Realtor®
Smira Group — John L. Scott
(503) 935-2560 · michael@smiragroup.com

Posted in Market Updates
Aug. 18, 2026

Irvington Home Values: A Seller's Guide

Irvington — Smira Group

If you want to understand why Irvington is special, just walk it. One of the largest historic districts on the West Coast — listed on the National Register in 2010 — its broad, tree-lined streets are a living catalog of American residential architecture from the 1890s through the 1920s. Owning here means owning a piece of that story.

What makes Irvington special

Grand architecture and a close-in address. Irvington showcases American Foursquares, Craftsman homes, Colonial Revivals, Tudors, and Victorians — many large, stately, and beautifully intact. Add walkable access to the Broadway and Fremont corridors, Irving Park, and a quick hop downtown, and demand for quality homes here stays consistently strong.

How value works in a historic district

Authenticity carries weight. Preserved period details, square footage, lot size, and condition all shape value — and thoughtful updates that respect the home's era tend to be rewarded. None of that shows up in a generic online estimate.

Want a number that reflects your home's real character? Get your Irvington home value here, or ask me for a full CMA on recent district sales.

Selling in Irvington as summer winds down

Late August is a strong window — serious buyers are house-hunting before the school year and fall market. Show off Irvington's signature deep porches and mature landscaping while they're at their peak, and make sure the home's grand proportions read in photos with wide, well-lit interior shots. A pre-listing tune-up of the yard and entry goes a long way on these stately lots.

Three tips for a historic Irvington home

  • Feature the authenticity. Original windows, woodwork, and built-ins are the draw.
  • Reassure on the systems. Buyers love charm but want confidence on roof, electrical, and sewer.
  • Know the district rules. Understanding what's allowed helps you market improvements accurately.

I specialize in exactly these kinds of homes. I'm Michael Smira — 15 years in the Portland market, top 1% for the last 12 — and I'd be glad to give you an honest, no-pressure read on your Irvington home's value.

Michael Smira, Realtor®
Smira Group — John L. Scott
(503) 935-2560 · michael@smiragroup.com

Posted in Market Updates
Aug. 11, 2026

Alameda Home Values: A Seller's Guide

Alameda — Smira Group

Alameda has something almost no other Portland neighborhood can offer: elevation. Built along the Alameda Ridge — a bluff left behind by the ancient Missoula Floods — its streets rise above the eastside, giving many homes sweeping outlooks toward the city and the Cascades. Pair that with stately historic architecture, and you have one of NE Portland's most coveted addresses.

Why buyers seek out Alameda

Prestige, views, and village convenience. Alameda's tree-lined streets hold grand Tudors, Colonials, English cottages, and Craftsman homes from the 1910s and '20s, many with view lots along the ridge. The sought-after neighborhood school and the shops and restaurants of nearby Beaumont Village round out the appeal.

What drives value on the ridge

Here, details and position rule. Preserved period craftsmanship, a genuine view, lot size, and proximity to Beaumont and the school all command premiums — and two similar-looking homes a few blocks apart can carry very different values. An algorithm won't catch that; a local analysis will.

Want a number that reflects your home's character and outlook? Get your Alameda home value here, or reach out for a full CMA on recent ridge sales.

Getting an Alameda home ready this summer

If your home has a view, summer is when it shines — capture it in warm evening light, and clear or trim any foliage framing the outlook. Refresh the landscaping that Alameda's established lots are known for, and stage porches, decks, or balconies as places to take in the ridge. Clean windows are non-negotiable when the view is your headline feature.

Three tips for a historic Alameda home

  • Make the view and the architecture the stars. They're your two biggest differentiators.
  • Document the character. Original details preserved (with systems updated) reassure premium buyers.
  • Price to the ridge. Alameda's comps are its own — local expertise matters most here.

Historic and view homes are where I do my best work. I'm Michael Smira — 15 years in this market, top 1% for the last 12 — and I'd welcome the chance to give you a candid read on your Alameda home's value.

Michael Smira, Realtor®
Smira Group — John L. Scott
(503) 935-2560 · michael@smiragroup.com

Posted in Market Updates
Aug. 4, 2026

Sellwood-Moreland Home Values: A Seller's Guide

Sellwood-Moreland — Smira Group

Ask Portlanders why they love Sellwood-Moreland and you'll hear the same word: village. From Antique Row along SE 13th to the riverfront and the Springwater trail, this close-knit corner of SE Portland lives like a small town inside the city — and that lifestyle is exactly what buyers pay for.

The Sellwood-Moreland draw

Walkability and warmth. The neighborhood is stitched together by 1900s–1920s Craftsman bungalows and cottages, a genuinely strollable core of shops and cafes, and green space at every turn: Sellwood Riverfront Park, Westmoreland Park, Oaks Bottom, and Oaks Amusement Park. Families and downsizers alike keep circling back.

What shapes a Sellwood-Moreland home's value

Bungalow character carries a premium when it's well cared for — original built-ins, fir floors, and a welcoming front porch all resonate here. Walk score, lot size, and proximity to the village core and the river factor in too, in ways a one-size-fits-all estimate misses.

Curious what your home would bring today? Get your Sellwood-Moreland home value here, or ask me for a full CMA on recent nearby sales.

Prepping a summer sale in Sellwood

Late summer is prime time here, when the neighborhood's outdoor-living appeal is on full display. Stage the porch and back patio as living space, tidy garden beds, and lean into the walkable lifestyle in your listing — note the stroll to the river, the trail, and 13th Avenue. Bright, airy interiors photograph beautifully against the long summer light.

Three tips for selling a Sellwood bungalow

  • Sell the walk. Make the connection to the village, parks, and Springwater Corridor obvious.
  • Keep the charm, modernize the essentials. Preserve character; refresh kitchens, baths, and systems.
  • Lead with curb appeal. The porch-and-yard first impression is a real driver in this neighborhood.

I'm Michael Smira — 15 years selling across Portland, top 1% for the last 12 — with a soft spot for the character homes Sellwood-Moreland is known for. Happy to give you an honest read on your home's value whenever you're ready.

Michael Smira, Realtor®
Smira Group — John L. Scott
(503) 935-2560 · michael@smiragroup.com

Posted in Market Updates
July 28, 2026

Laurelhurst Home Values: A Seller's Guide

Laurelhurst — Smira Group

Few Portland neighborhoods wear their history as gracefully as Laurelhurst. Laid out in 1909 with help from the Olmsted Brothers — the firm behind New York's Central Park — its gently curving, tree-canopied streets were designed to feel like a retreat inside the city. If you own here, that heritage is part of what your home is worth.

What draws buyers to Laurelhurst

Character and setting. Buyers come for the stately Tudors, English cottages, Colonials, and Craftsman homes of the 1910s and '20s, and for landmarks like 30-acre Laurelhurst Park with its spring-fed pond and the gilded Joan of Arc statue at Coe Circle. Add walkable dining along NE 28th and easy access to both downtown and the eastside, and demand for well-kept homes here stays remarkably steady.

How Laurelhurst homes hold their value

In a designated historic neighborhood, authenticity pays. Preserved period details — leaded glass, box-beam ceilings, original built-ins and hardwoods — command premiums, and proximity to the park plus lot size move the needle further. A generic online estimate can't read any of that.

Want a number that reflects your block and your home's craftsmanship? Get your Laurelhurst home value here, or reach out for a full CMA built on recent neighborhood sales.

Selling this summer? A few Laurelhurst notes

Summer shows Laurelhurst at its best — the mature tree canopy and established gardens are in full leaf. Freshen the landscaping and planting beds, shoot curb-appeal photos in soft morning light under those trees, and keep interiors bright and cool for midday showings. If your home has original windows, clean and stage them to let the natural light do the selling.

Three tips for a historic Laurelhurst home

  • Showcase authenticity. Original woodwork and details are precisely what these buyers pay for.
  • Get ahead of the old-house questions. Have the status of roof, electrical, foundation, and sewer ready.
  • Price to the block. A few streets or a period-right kitchen can outweigh any citywide average.

Historic homes are my specialty, and Laurelhurst is one of my favorite neighborhoods to represent. I'm Michael Smira — 15 years in this market, top 1% for the last 12 — and I'd be glad to give you a straight, no-pressure read on your home's value.

Michael Smira, Realtor®
Smira Group — John L. Scott
(503) 935-2560 · michael@smiragroup.com

Posted in Market Updates
July 21, 2026

Cash Offer vs. Listing: Which Nets You More?

Cash Offer vs Listing

When it's time to sell, you've really got two paths: take a cash offer, or list on the open market. Both are legitimate — but they win in different situations, and the right choice comes down to one number most people overlook. Let's break it down.

What a cash offer really gives you

Speed and certainty. A cash sale can close in as little as a couple of weeks, with no showings, no repairs, and no financing that can fall through. You trade a bit of top-line price for convenience and a sure thing. It shines when time, condition, or simplicity matter most.

What listing on the market really gives you

Top-dollar potential. Exposing your home to the full pool of buyers — with the right pricing and presentation — typically produces the highest gross price. The trade-off is time, some prep, showings, and standard selling costs.

The number that actually matters: net, not gross

Here's the mistake most sellers make: comparing a cash offer to a list price. That's apples to oranges. What matters is what lands in your pocket after everything. A traditional sale's higher price is reduced by commissions, repairs, and the carrying costs of owning while it sells. A cash offer's lower price comes with none of those. Sometimes the market still nets you more; sometimes, after the dust settles, cash is surprisingly close — or ahead. The only way to know is to put both net numbers side by side.

When a cash offer tends to win

  • The home needs significant work you'd rather not do
  • You need to move fast or on a firm timeline
  • You value certainty over squeezing out the last dollar
  • You'd rather skip showings and prep entirely

When listing tends to win

  • Your home is in good, market-ready shape
  • You have time to let the right buyer show up
  • Maximizing price is the top priority

You don't have to guess — compare both

This is exactly where I help. I'll get you a real, competitive cash offer and a full market analysis, then lay the two net numbers next to each other so you can choose with clear eyes. Prefer to start with your value? Get your Portland home value here.

A straight answer from a local

I'm Michael Smira, a Portland real estate broker with Smira Group — John L. Scott — 15 years in this market, top 1% for the last 12. Whether cash or listing is right for you, I'll show you the real numbers so you can decide with confidence.

Michael Smira, Realtor®
Smira Group — John L. Scott
(503) 935-2560 · michael@smiragroup.com

July 14, 2026

Should I Sell My Portland Home Now or Wait?

Sell now or wait

"Should I sell now, or wait?" It's the question I hear most from Portland homeowners right now — and the honest answer isn't a headline or a hot take. It depends on your situation. Here's how to think it through clearly, without guessing.

Start with your "why," not the market

The market matters, but your reason for moving matters more. Selling to right-size, relocate, tap equity, or simplify life is a personal-timing decision — and a good one rarely hinges on shaving a few weeks off the "perfect" market window. Get clear on why you'd move first; the market question gets much easier after that.

Reasons it may make sense to sell now

  • Your equity is likely high. Years of appreciation mean many Portland owners are sitting on more equity than they realize — equity you can carry into your next chapter.
  • Well-priced homes still sell. Move-in-ready homes priced correctly continue to find motivated buyers, often quickly.
  • Certainty has value. Selling on today's known terms beats betting on an unknown future market.
  • Life doesn't wait. A new job, a growing family, or a downsize is often worth more than a hypothetical price bump.

Reasons waiting could pay off

  • You're still building equity. If you bought recently or are early in your mortgage, a little more time can meaningfully improve your net.
  • A little prep goes a long way. Strategic updates and cleanup before listing often return multiples of their cost.
  • Timing your next move. If your next home isn't lined up, waiting can ease the stress of buying and selling at once.

The factors that actually decide it

Cut through the noise by looking at what's true for you: how much equity you'd walk away with, where you'll live next and what it costs, demand for your specific type of home and neighborhood, your home's condition, and the rate on your current mortgage. These five — not the daily headlines — decide whether now or later is right.

How to decide without guessing

You don't have to make this call on a hunch. Two quick, no-obligation steps give you real numbers:

  1. Know your value. Start with a fast estimate — get your Portland home value here.
  2. Run a real CMA. I'll review your home against recent comparable sales and show what it would realistically net today — so "now vs. wait" becomes a numbers decision, not a guess.

And if speed is what you'd want when you do sell, you can also see a cash offer here and compare it side by side with a traditional sale.

Let's figure out your best move

I'm Michael Smira, a Portland real estate broker with Smira Group — John L. Scott. Fifteen years in this market, top 1% for the last 12. If you want a straight, honest read on your best move — no pressure, no sales pitch — I'm glad to help.

Michael Smira, Realtor®
Smira Group — John L. Scott
(503) 935-2560 · michael@smiragroup.com

Posted in Market Updates