Summer is here and this is the first
blog of the season! With summer in
Portland comes the peak point of our tourism season and though it may come as a
surprise to some, tourism and hospitality is the largest traded economic sector
in Oregon. Yes, indeed, Portland and Oregon tourism is responsible for bringing
a great deal of money into the state and creates a lot of much needed jobs.
About $3.6 billion dollars is spent by tourists on an annual basis in Portland's
Multnomah county as well as Washington and Clackamas counties. Who benefits?
Just about everyone. Portland hotels, restaurants and local area transportation
are standouts but local retail, museums, galleries, brewers, winemakers, farmers
and the fishing industry benefit greatly as well.
We are always excited to showcase the best of
Portland and to give praise to our local Portland businesses. The Weekly Top Ten
List found in this blog does just that as well as our weekly Photo of the Week
contest where someone gets treated to a cool -and always local- Portland
1. Working Hands Farm - Working Hands
is a small CSA farm that is dedicated to changing the way we eat & experience
food. We limit our CSA to 50 shares with the goal of accomplishing two things:
conserving & protecting our soils & providing our clientele with the best
possible experience.In basic terms, Community Supported Agriculture
consists of a community of individuals who pledge support to a farm operation so
that the farmland becomes, either legally or spiritually, the community’s farm,
with the growers and consumers providing mutual support and sharing the risks
and benefits of food production. Typically, members or “share-holders” of the
farm or garden pledge in advance to cover the anticipated costs of the farm
operation and farmer’s salary. In return, they receive shares in the farm’s
bounty throughout the growing season, as well as satisfaction gained from
reconnecting to the land and participating directly in food production.
In simpler terms, CSA is a way for us to be able to grow healthy food for
our community, while ensuring that we can also earn a living wage and maintain
healthy soil for generations to come. We aim to work together with our members
to grow and distribute high-quality, organic produce full of the vital nutrients
and minerals we need to live rich, full lives.
2. The Portland Light Rail - Construction of the new rail
line steadily moves toward the north on Grand and southbound on MLK. Soon, a
whole new world will come alive in the once sleepy lower SE industrial area.
Watch for a major boom in this area and soon. Learn more about the
4. Miho Izakaya - It has been decided:
our last meal on earth will be the Sweet Chili Spare Ribs and the ‘Ika’ Calamari
Salad. Hellsyes. http://mihopdx.com/
5. New Deal Distillery- One of the hottest young companies in
town, New Deal is just our style and the vodka is divine.
Background on this cool 2004 startup:New Deal Distillery provides high quality,
craft-distilled spirits, inspired by the DIY
spirit of Portland. All of our artisan vodkas aremade
locally in small batcheswith
Bull Run water and natural and organic ingredients,sourced
locally whenever possible. All we wanted, when we started, was to
simplyput one good bottle of
vodka on a store shelf, have one person buy it, and maybe change humanity for
the betteralong the way.
8. The 1st Annual Big+Small Brewing
Competition - Hosted by F.H Steinbart store, the oldest home brewing store
in Portland. Entries due July 16th.http://www.fhsteinbart.com/
9.Turn it UP! The heat, that
is...if you're looking for a nice pool to lounge by this summer, we have
This is also the list of all things fitness in Portland, so definitely check it
10. The North American Organic Brewers
Festival starts this week! With nearly 3 dozen breweries represented,
this promises to be an excellent opportunity to use public transportation in
Portland! See you there...http://www.naobf.org/
The Portland Photo of the Week
The Portland Photo of the Week winner this week is
by entitled Oregon Native by
Treasure at Tryon Park, indeed. Thanks for sharing this gorgeous photo!
Our Portland Photo of the Week
winner gets a gift certificate to a local Portland business of our choosing. Karylee will get a $20 gift
certificate to local business, Powells Bookstore.
If you're a book lover and you live in Portland Oregon, then Powells Bookstore
is no surprise to you because it is a local favorite. Powell's City of Books is
one of the most visited spots in town whether you're visiting Portland and
looking for popular places to visit, or whether you've lived in Portland your
entire life. they say 80,000 people browse the shelves of Powells each day.
If you're visiting with a group, you can evenarrange
a tour. "From humble storefront beginnings in 1971 on a derelict corner of
northwest Portland, Oregon, Powell's Books has grown into one of the world's
great bookstores, with seven locations in the Portland metropolitan area, and
one of the book world's most successful dot-coms (www.powells.com serving
customers worldwide." (Powells.com)
Learn all about Powells Bookstore.
Here are the featured Portland events this
week focusing on events happening this weekend or those just around the corner!
Thanks to everyone for adding all the great Portland events to the community
events calendar. You can add your own Portland events directly to the events
calendar for free (pleased read our terms of service first).
Just click "Add an
Event" and fill in the details.
The 83rd annual Scandinavian Midsummer Festival starts at 11 a.m. June 25 at
Oaks Park and *everyone* is invited! Admission is $6 for ages 13 and older, $3
for ages 6-12, free to ages 5 and younger…
North American Organic Brewers Festival
Welcome to the North American Organic Brewers Festival, where we aim to save the
planet, one beer at a time! The 7th annual event will take place June 24 - 26,
2011 in Overlook Park in Portland, Ore…
Last Wednesday @ Ground Kontrol
"Last Wednesday" of every month...Ground Kontrol trades a cover charge for a
night of FREE video games and pinball tables! Woot! 21+, $5 cover for FREE GAMES
ALL NITE! Doors open at 5pm, DJs start…
Biking Tour of Community Gardens
Alberta Co-op Grocery The Alberta Coop's Community Engagement Committee invites
all interested community members and garden enthusiasts to our second annual
biking tour of community gardens in NE Portland. It's a great op…
One Night With Janis Joplin - Portland Center Stage
Gerding Theater at the Armory Portland Center Stage will host the world premiere
of One Night with Janis Joplin, the new musical event celebrating the life of
one of rock ‘n roll’s greatest legends, beginning May 24, 2011. One Ni…
Best of Portland Walking Tour
June 11, 2011 at 10am to October 30, 2011 at 12pm –Portland Downtown Hilton
Experience Portland the green and eco-friendly way. This award-winning walk
clarifies why Portland is regularly recognized as one of the best places to
live. You’ll hear about early and modern Port…
Ray K. Metzker: AutoMagic
Portland Art Museum Explore the photographs by Ray K. Metzker in the exhibition
Ray K. Metzker: AutoMagic at the Portland Art Museum. The exhibition features
more than 50 photographs that explore automobile design as we…
Contemporary Northwest Art Awards Exhibition
Portland Art Museum Come explore the artwork by seven exceptional Northwest
artists at the second Contemporary Northwest Art Awards. The exhibition explores
the work of Chris Antemann, John Buck, John Grade, Jerry Ivers…
Mount Angel Abbey Festival of Arts and Wine
St. Benedict, OR Food and wine festival featuring 10 wineries, 3 microbreweries,
6 restaurants, live music, art exhibits and sales, open house in Abbey Library,
Guesthouse and Museum, oral and silent auction. 1-5 pm.…
Visiting Portland - What to See & Do in Portlandia
Visiting Portland Oregon -Welcome
to Portland, Oregon, the city famous for coffee, roses, beer, green-living,
nationally recognized as one of cycling capitals of the United States, owner of
a heart-stopping and simply breathtaking cityscape, fiercely loyal and intensely
independent citizens and more-- and more.
What follows is a mere sample of what to see and do while on your Portland
Oregon Zoois popular for both
locals and visitors. And don't missZoo
Lights Portland Oregon, an annual holiday light show. Nestled right abovedowntown
Portland, the Oregon Zoois
an easy trip via the Max light rail. Delightful old-style trains are a favorite
zoo-transport option offering amazing views and relief for your tired feet. The
kids (big and small) will be in heaven. Category: KID-FRIENDLY, FAMILIES, PHOTO
Portland Pioneer Courthouse Square-
Visiting Portland? Portland's Living Room is a central hub for tons of Downtown
Portland events, year round. Come visit the Portland Pioneer Square and become
a part of Portland's history. Category: KID-FRIENDLY, SHOPPING FANATICS, PEOPLE
WATCHING, PHOTO OPPS
- Oregon Museum of Science and Industryfeatures
a planetarium, laser shows, submarine and the OMNIMAX Dome Theater. OMSI is an
excellent choice for family entertainment in Portland. Category: KID-FRIENDLY,
Rose Quarter Sports and EntertainmentWant
tickets for the Portland Trail Blazers or the Portland Winter Hawks? You can
also see some fantastic live music here, and big events as well. Category:
SPORTS NUTS, MUSIC FANS, FAMILIES
The largest used and new bookstore in the world,Powell's
City of Bookshas been wowing
locals and visitors alike since 1971. This store spans an entire city block,
guaranteeing it will take you hours to traverse the nooks and crannies and color
coded sections but we know you will love every minute of it! Category:
Portland Spirit- If you're
visiting Portland, consider taking a Portland dinner cruise or holiday cruise on
a Portland riverboat tour. The Portland Spirit fleet offers some great
entertainment on the Willamette and Columbia Rivers. Category: ROMANTIC, PHOTO
Art Museumis one of the largest
art museums in the country and is a popular place to visit in Portland for art
and museum lovers. Category: ART HISTORY FANS, CULTURE and MUSEUM BUFFS,
Portland Jet Boat- Have a blast
on an exciting riverboat cruise on the Willamette on a Portland jetboat tour.
Category: KID-FRIENDLY, FAMILIES, THRILLS
Portland Oaks Park - Oaks Amusement Park-
Oaks Park in Portland is a nostalgic traditional amusement park, known for their
year-round wooden skating rink and old time carnival rides. Category:
KID-FRIENDLY, FAMILIES, THRILLS, HISTORY BUFFS
We get asked this question all the time-- what is Portland really like? Good question!
Read more here and learn all about the hipsters, the green movement, the
beer, the rain, the coffee and more.
University Park Neighborhood Real
Estate Report: What's Happening?
by Ross Seligman
Young, old, singletons and families -old and new- call this neighborhood home.
There is a large student population in this neighborhood due to University of
Portland. This is an active, outdoorsy area- you'll nearly always see bikers,
runners and dog walkers on Willamette. To learn more about University Park
Are you keeping an eye on University Park or is it your neighborhood? Check
link for a monthly updating real estate chart for this neighborhood.
In my monthly Portland real estate report, I always talk about how each
individual neighborhood is a micro-market. If you are looking to buy or sell in
a particular neighborhood, the most crucial information that you need to know is
what is going on in that neighborhood. In this situation, the overall Portland
market report is less important and the national real estate report is just
about useless. This posting is a real estate report for the University Park
neighborhood of all homes in all price ranges. Feel free to request particular
neighborhoods in which you are interested in buying or selling and I am be happy
to do a report, just contact me on this forum or at http://www.propertiesofportland.com.
If you are looking for homes in the University Park neighborhood, visit this
link where you can search for homes by particular neighborhood: Click
The first thing you will notice about individual neighborhoods as compared to
the overall Portland reports are that the numbers can be wildly different month
to month. Basically, the bigger the pool of data you are working with, the
smoother the stats become. As we focus on smaller areas, many different things
can happen month to month.
On to the report:
Here is the overall chart of inventory, sold, and pending for the University
Park neighborhood from 03/10 to 05/11:
In May 2011, there were 23 closed sales, 34 pending sales, and 152 homes on the
market in the University Park Neighborhood.
One year change from May 2010 to May 2011:
Inventory (how many homes on the market for sale): Down 7.9%
Homes sold: Down 32.4%
Homes pending sale: Up 88.9%
Chart for average price
per square footage:
In the past 15 months, the average price per square footage in the University
Park neighborhood has been between $112 and $143/sq. ft. In May 2011, the
average price per square foot in the University Park neighborhood was $114.
One year change fromMay2010
Change in Price Per Square Foot:
May 2010: 133
May 2011: 114
Percentage Change: Down 14.2%
Days on Market,
This chart is showing us two things. First, how many days on the market that a
home is spending, on average, before being sold. In May 2011, the average time
on market for a home in the University Park neighborhood was 84 days.
The second thing that this chart is showing you is what percentage of the
listing price the owners actually are getting when the house is sold. This is a
great indication of the pressure on prices. In May 2011, sellers in University
Park received, on average, 92% of their original listing price.
Change from May 2010 to May 2011:
Time on Market: Up 75%
Sold/List price % difference: Down 5%
Average price for sale
vs. average price of sold:
This chart shows us what the average listing was and what the average sale was.
In May 2011, the average price of a house on the market in University Park was
$214,000. The average sale was $201,000.
More stats over one year:
Average active price: Down 7.8%
Average sold price: Down 9%
Months of Inventory:
Months of inventory gives a time line of how long it would take for all of the
current listings to sell. Anything above 4 months is considered a buyers
market. This figure is a good indicator of supply and demand. May 2011 in the
University Park neighborhood was a buyer's market with 6.6 months of inventory.
By the way, this does NOT mean that it will take 6.6 months for your home to
sell. That figure was, on average in May, 84 days. Inventory is a figure that
means that, if not another home were to come on the market in University Park
from this point forward, in 6.6 months there would not be another home to sell.
They would all be sold.
Visit Ross at his website
where you can contact him directly and search all Portland Metro Area real
estate and homes for sale from the RMLS, including school and neighborhood
But, given our nearly 100 urban Portland neighborhoods, everyone has a
different favorite so please do take some time and read about our
profiles, videos and more!) If you're moving to Portland and want to meet people
or ask questions about how to get started, join our very popularPortland
blog; a real Portland community chock full of chits, chats and Portland
events! We hope this page has been a helpful moving to Portland guide, but join
community forumand ask any
questions you have about Portland--we are happy to help!
We hope you enjoy reading our weekly Portland blog.
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