Portland and Area Newsletter and Planner - November 17, 2023

by Geri And Tim Penner

Portland and Area Newsletter and Planner
November 17, 2023
 
Here is a quote from this weeks Lender Perspectives:

"It appears that the Federal Reserve has finished hiking rates, and the peak in long-term rates is in. If you or someone you know is interested in buying a home now would be an incredible time, because if rates continue to drift lower it is going to attract more buyers and increase competition."

Do you know anyone looking to buy or sell their home? We would be honored if you could pass along their contact info with a quick email by clicking here!
 
 WHAT'S UP THIS WEEKEND?
Excerpts From TravelPortland.com
 
 

WINE COUNTRY THANKSGIVING
Adding to the list of all that Portland-area visitors and residents have to be grateful for is the annual Wine Country Thanksgiving. During Wine Country Thanksgiving, Oregon’s premier tasting and cellar-stocking event, more than 150 wineries open their doors to the public, offering samples of favorite labels and special vintages. With pours from local favorites like Boedecker Cellars whose exquisite Pinot noirs consistently receive 90+ ratings by Wine Spectator, or Trisaetum Winery, where you can browse their art gallery while sipping an array of award-winning Rieslings, the only problem will be deciding which of the hundreds of wines to choose from.

The holiday weekend festivities include live music, food and wine pairings, and the opportunity to visit with winemakers at some of Oregon’s top wineries — including many not usually open to the public.

YISHAI JUSIDMAN, PRUSSIAN BLUE
Yishai Jusidman’s Prussian Blue is a series of paintings rendered almost exclusively in one of the earliest artificially developed pigments used by European painters—Prussian Blue. The chemical compound that makes up this pigment happens to be related to the Prussic acid in Zyklon B, the poisonous product deployed at some of the Nazi concentration and extermination camps. By a strange turn, traces of the pigment remain to this day in the walls of the gas chambers. Such stains are quiet, disturbing, and palpable reminders, which Jusidman’s paintings re-engage with a profound effect.

BREW LIGHTS
Enjoy the twinkling magical wonderland of ZooLights—without any kids. On November 17 or 18, join the fifth annual Brew Lights, a ZooLights brew festival experience just for the 21-and-over crowd, with more than 55 Northwest breweries and cideries to sample from.

Dance to live music from Dance Hall Days, Ian James, DJs, enjoy local food carts, and more.

Brew Lights tickets include a souvenir cup and ten beverage tastings (3-oz beer/cider) throughout the zoo. Guests can choose from 110 beer, seltzer and cider options from 55 Northwest breweries and cideries while strolling through colorfully-lit trees and dazzling 3-D light sculptures. A nondrinker ticket will also be available for grown-ups interested in the lights without the beer sampling.

Festivities begin at 4 p.m. for early entry ticketholders; event general admission begins at 5 p.m. Taps close at 9:30 p.m., with the zoo closing at 10 p.m.

PORTLAND HOLIDAY MARKET
Shop outside the big box. The Portland Holiday Market will return to the Portland Expo Center. It’s an entirely new holiday shopping experience and the one place to get all your holiday shopping done.

More than 100,000 square feet of display space are filled with hundreds of exhibitors. Food items, gifts, artwork, jewelry, home décor, clothing, spirits, craft items, books, ornaments, leather goods, bath and body, and much more. This show has handcrafted, artisan and unique items you’ll never find in big box stores. 

Bring the kids and capture a memory with Santa and Mrs. Claus at SantaLand at the Portland Holiday Market. Choose the portrait package you want, get your picture with Santa, shop the Portland Holiday Market and then return to choose the photos you want to purchase.

SILVERTON CHRISTMAS MARKET
Join an awe-inspiring light display and market at the Oregon Garden Resort. This annual event offers a joyous and magical holiday experience for all ages.

Stroll along immersive paths draped in more than one million lights. Explore the authentic German Christmas Market for gifts from artisan vendors and imported German nutcrackers, smokers and ornaments. Visit Santa to share your wish list or enjoy music and a brew in the Biergarten, presented by AB One. Cozy up to a fire pit or take a ride down the snowless tubing hill presented by Power Kia. There will be no ice skating this year.

The event is designed for friends and family to enjoy time together and experience the traditions that make this time of year so special. Join and create magical holiday memories at this unique event in the Willamette Valley.

WILD ARTS FESTIVAL
The Annual Wild Arts Festival Returns November 18 and 19 to Viking Pavilion on the Portland State University Campus.

Celebrating nature in the work of regionally and nationally known artists and writers. One of the season’s biggest gift-buying events featuring unique local artisan works & books.
The Wild Arts Festival showcases more than 60 artists and 30 authors, including jewelry designers, painters, printmakers, and sculptors, plus glass, wood, fiber art, and ceramic artists. The beautifully diverse artistic media & books  are aligned in their inspiration, drawing from:

  • Nature or wildlife as a subject,
  • Natural materials as a medium, or
  • Art promoting environmental sustainability

THE MAKERS FAIR HOLIDAY MARKET AT REJUVENATION
Support Portland's local makers with one-of-a-kind and easy-to-find holiday gifts with purpose all season long. It features 140 of Portland’s best local makers, artists and craftspeople under one roof, seven days a week from October 10 through December 23. The market includes a curated selection of specialty hand-crafted candles, gifts, fine and fashion jewelry, ceramics, art, cards, sustainable home goods, woodturning, custom furniture, children’s clothes and toys. Plus tasty holiday treats, home and floral decor, fragrances, personal wellness and beauty products to give to a friend or to keep for yourself.

The Market is FREE to attend and open now.

KUMORICON
Kumoricon showcases anime and Japanese culture every November in Portland. Gaining its namesake (kumori) from the Japanese word "cloudy," Kumoricon embodies the best parts of fandom and what it is to live in the Pacific Northwest. Stretching across generations, anime fans have gathered together for an amazing annual event. The Kumoricon family grows yearly, making it the largest anime convention in Oregon.

PORTLAND NIGHT MARKET
The Portland Night Market showcases many unique businesses that call Portland home. Blending food, culture, music, drinks and retail for an adventurous evening in the Central Eastside. Meet some of Portland's best makers and creators. With almost 200 hundred makers, the Night Market offers food carts, drinks, clothing, lifestyle goods, home goods, body care and art. The Portland Night Market is a FREE quarterly event open to all ages. 

HOLLYWOOD FARMERS MARKETS
Year-round on Saturdays, the Hollywood Farmers Markets hosts 50+ vendors, bringing you the best of the region’s agricultural bounty. In addition to amazingly fresh, local food,  you’ll find live music, children’s activities, and fun events throughout the season.

  • April through September, every Saturday 8 AM to 1 PM,
  • October and November, every Saturday 9 AM to 1 PM,, and
  • December through March: 9 AM to 1PM on the 1st and 3rd Saturdays of each month

FEATURED LISTINGS
(PSSST - Tell a friend!)


Curious about what your home may be worth in our current real estate market? Click here for a no obligation comparative market analysis. Thank you for including us in your real estate journey!

OFFERED AT: $490,000
5625 SINCLAIR ST
WEST LINN, OR 
 
Welcome to your dream cottage home in West Linn nestled on a spacious and secluded private lot in a desirable neighborhood. This charming home offers a perfect blend of modern updates and classic charm making it an ideal retreat for you and your loved ones. Step into your own private sanctuary, surrounded by lush greenery and mature trees providing a sense of serenity and privacy that's hard to come by. As you enter the home, you'll be greeted by an abundance of natural light filtering through the brand new windows. Windows are an extruded wood composite (energy efficient and durable). The home boasts a newish roof, providing you with added peace of mind regarding maintenance and longevity. With three cozy bedrooms, this cottage is perfect for families or those seeking extra space for guests, a home office, or hobbies. Fiberoptic internet.
 
For more information, click here

Here is the current market report for October 2023 for the Greater Portland area.
 
In October 2023, compared to September 2023, the real estate market experienced a decrease in new listings by 18.7%. The average sold price also saw a slight decline of 0.5%, with the average price being $592,700. Closed sales decreased by 2.7%, totaling 1,670 transactions. Active inventory showed a marginal 0.09% decrease, maintaining a healthy balance in the market. Despite this, the average days on market increased by 9.5%, suggesting a more deliberate approach to buying and selling, which can be beneficial for both buyers and sellers in making informed decisions.
 
October 2023 Real Estate Market Update
New Listings
  • New listings (2,207) decreased 12.2% from the 2,513 listed in October 2022, and decreased 18.7% from the 2,713 listed in September 2023.
Pending Sales
  • Pending sales (1,625) decreased 11.4% from the 1,835 offers accepted in October 2022, and decreased 10.2% from the 1,809 offers accepted in September 2023.
Closed Sales
  • Closed sales (1,670) decreased 14.6% from the 1,955 closings in October 2022, and decreased 2.7% from the 1,717 closings in September 2023.
Inventory and Time on Market
  • Inventory held steady at 2.9 months in October. Total market time increased to 45 days. Year-to-Date
Curious about what your home may be worth in our current real estate market? Click here for a no obligation comparative market analysis. Thank you for including us in your real estate journey!
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16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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