Some sales happen quickly. Others take patience, persistence, and trusting the process.

After more than a year on the market in a challenging Portland condo market, we are so happy to say this beautiful home at The Casey is officially SOLD! 🥂

Our seller was incredibly patient and hung in there with us as we adjusted to the market, continued to promote the property, held open houses, followed up with buyers, and kept working to find the right person for this special condo.

And eventually, we did. ❤️

The perfect buyer came along, the sale closed, and our seller can now move forward with his new life in Europe without having a Portland condo hanging over his head.

This one was a great reminder that not every successful sale happens overnight. Sometimes it takes patience, strategy, flexibility—and an agent who is willing to keep showing up until the job is done.

We couldn’t be happier for our seller and for the new owner who gets to call The Casey home.

311 NW 12th Ave #603 | The Casey | Pearl District

Thinking about selling a condo in Portland? We’d love to help you navigate today’s market. Contact us today.

#JustSold #PearlDistrictPortland #PortlandCondo #TheCasey #PortlandRealEstate #PearlDistrictRealEstate #PortlandRealtor #WindermereRealty #JustSoldPortland #PortlandOregon

With over 27 years of experience in sales, negotiation, and contract management, I pride myself on clear communication, unwavering availability, and building relationships based on trust. My mission is not just to facilitate transactions but to empower you with the knowledge and confidence to make informed real estate decisions.

I’m excited to announce a new partnership that will significantly enhance the real estate services I offer.  I’ve joined forces with Amy Rice, bringing together decades of experience and expertise to provide you with an even higher level of personalized service.  We are dedicated to understanding your unique needs and finding the perfect home, focusing not just on square footage but on creating a space that perfectly fits your lifestyle and dreams.

Whether you’re buying, selling, or simply exploring your options, we’re here to guide you every step of the way. Let’s connect to discuss your real estate goals.

JILL PEREIRA

Principal Broker

Jill Pereira connects people, dreams, and homes. Her goal is to create a streamlined and painless experience. A highly effective negotiator with deep expertise in the market, Jill thrives on delivering the highest quality service and sweating the details so her clients don’t have to.

AMY RICE

Broker

Amy Rice prides herself on asking the right questions to uncover what matters most to her clients. With expert market knowledge, strong negotiation skills, and marketing expertise she provides guidance through every step of the real estate journey. Amy is dedicated to making the buying process seamless and stress-free, ensuring her clients feel confident and supported throughout.

✨BUILDER AND SELLER CREDITS In an effort to entice buyers, many builders and sellers are offering financial credits that can be used toward closing costs or upgrades.  

✨RATE BUY DOWNS Some lenders are offering the option to ‘buy down’ your mortgage rate for the first few years.

✨REFINANCE AT A REDUCED COST Some lenders are offering the option to buyers to refinance their loan within 2 years at a reduced cost.

✨LESS COMPETITION Giving you a better opportunity to consider your options carefully without the pressure of making hurried decisions, thereby enhancing your overall buying experience. 

✨STABLE PRICES Property prices are showing signs of stabilization, providing a more predictable market for buying. 

Contact us with any questions or to schedule a time to discuss your real estate goals. 

You know when you meet people and you just connect? That was A&S for us. We immediately clicked and we are so glad we had the chance to work with them. We sold their condo in NE and then helped them purchase this gorgeous home in the SUNROSE building at the lively corner of SE 28th & Burnside in the Kerns Neighborhood. We loved working in this modern space built in 2009. It was one of those deals that easily came together. The listing agent on the other side was a breeze to work with as well, making this an all around stress-free (almost) deal.

These are the transactions we savor and the clients we miss when everything closes. We are currently manifesting working with many more clients like A&S, and wishing them many happy memories in their new home.

It was a summer of condo sales for us and it’s good to see activity in that segment of the market again! Contact us if you’re thinking of buying of selling this fall.

2 bed, 2 bath, 1179 sqft, 1 parking space, 1 storage space, sold for $574,000 link to property

Year-Over-Year Market Breakdown: Sales are down considerably when comparing March 2022 with March 2023. There are a quarter fewer new listings (-25.5%) on the market than this time last year. In addition, pending sales and closed sales are down -31.7% and -35% consecutively from March 2022.

Much of this is due to interest rate increases. Most home sellers refinanced into the lower rates offered last year. If they wanted to sell, they’d be looking at almost doubling their current interest rate. As a result, most home sellers are avoiding the market altogether. The same goes for home buyers facing affordability issues due to the higher rates. 

The Opportunity: Most experts agree that we’ve already hit the bottom of the current market slump. March 2023 saw an increase in new listings (+48.7%), pending sales (+22.1%), and closed sales (+21.7%) from February 2023. As inflation continues to decrease and mortgage rates begin to trend downward, more and more buyers and sellers are beginning to interact with the market again. This trend will continue in a larger wave in the latter half of the year.

If you can buy in this small window before the rest of the market returns in masse, you can negotiate things like seller credits or repairs, not have to waive contingencies, or offer an excessive amount of the list price. We are still seeing multiple offers on homes but not at the rate we saw this time last year. 

Curious how the current market effects you and your goals? Reach out here and let’s talk shop!

Read the full report here.

The housing market was thrusted into hyperdrive by historically low interest rates. Will it finally begin to slow this year as the Federal Reserve raises rates to fight inflation?

The number of homes sold in 2022 has declined by something like 10 percent as housing demand weakens. Prices haven’t fallen in every market, but price hikes have slowed dropping from 20 percent to perhaps 5 percent annual growth by the end of this year. 

If the latest forecast proves to be accurate, home sales would decline 11.1 percent this year and by another 11.6 percent in 2023. Contact me to discuss how the changing market could effect you.

If you are interested in selling your home, the timing couldn’t better, click here for the latest market report. Inventory is still very low and there are many buyers actively looking. Contact me for a complimentary home value analysis. I would love to help you reach your real estate goals.

Total Listed Portland Condos 546 with 236 totals sold

The Minimum sold Portland condo in the Pearl District, Downtown and Northwest Portland was $130,000.  The average sold price was $634,099, median sold price $481,000 and the maximum sold price $2,311,000.

Complete search of Portland Condos for sale click here