Blog Stories Market Action Report

Market Action Report

By Mel Dorman, August 19, 2020

MARKET ACTION REPORT – HOUSES – August 17, 2020 – CITY OF PORTLAND

Home sales continue to outstrip supply with the Market Index moving up one point from last week. This week the median list price for Portland, OR is $649,000 with the market action index hovering around 57. This is an increase over last month’s market action index of 53. Inventory has held steady at or around 1,088

MARKET ACTION REPORT – CONDOS – August 17, 2020 – CITY OF PORTLAND

 

This week the median list price for  Portland, OR is $420,000 with the market action index hovering around 36. This is an increase over last month’s market action index of 34. Inventory has held steady at or around 792. Although lower

Mel Dorman

Broker | OR & WA

She/They

Ten years ago, Melissa was living in a slum in Kolkata, India, helping over 200 women escape sex trafficking by providing alternative work at a social business. It was there she discovered her passion for financial education as a means of empowering people to move out of poverty. After graduating from UCLA with a Masters, Melissa spent 5 years working as a Social Worker; assisting clients facing homelessness, in jail, or at a psychiatric facility. As much as she loved the work, imagining saving for retirement on the meager salary of a social worker was becoming grim. That's when Melissa discovered "passive income." In no time, she fell in LOVE with real estate as a vehicle for wealth. Soon after, Melissa began locating off-market multi-family properties to purchase through creative financing strategies and win-win opportunities. Two years into investing, Melissa quit her day job as a Social Worker to become a full-time broker and investor. Initially, she was drawn to people in difficult circumstances, so she developed extensive experience assisting families facing foreclosure, short sales, and probate. Melissa is well versed in helping her clients overcome complex real estate challenges. Currently, Melissa is teamed up with Super Broker, Yascha Noonberg at Living Room Realty. Together they assist clients to achieve their real estate dreams, including how to strategically buy and sell a personal residence to maximize profits. Far from the slums of Kolkata, her greatest passion now is empowering other working professionals to develop passive forms of income through buying multi-family properties in Portland.
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  • T: 503-567-4697
  • melissa@livingroomre.com

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