Market Update: Homes Sales Fall to 13 Year Low Nationally
According to the Wall Street Journal, home sales fell in October to a fresh 13-year low as high interest rates and home prices continued to pummel the housing market. Home-buying affordability sits near its lowest level in decades, pushing many buyers out of the market. Existing-home sales for the full year in 2023 are on track to be the lowest since at least 2011, according to economist forecasts. Existing-home sales, which make up most of the housing market, decreased 4.1% in October from the prior month to a seasonally adjusted annual rate of 3.79 million, the lowest rate since August 2010, the National Association of Realtors said Tuesday. October sales fell 14.6% from a year earlier. Sales have been near 2010 levels in recent months. Read the entire article here: https://www.wsj.com/economy/housing/october-2023-home-sales-fall-ec6b3164?st=gbj868dxn6defo2&reflink=desktopwebshare_permalink
Riverwind in Johns Landing
Nestled between the affluent Dunthorpe and the vibrant South Waterfront District, Riverwind Condominiums present a remarkable opportunity for those seeking a waterfront lifestyle in Portland. Located on the west bank of the Willamette River, these condos offer direct access to the scenic Willamette Greenway Trail, perfect for those who cherish nature and outdoor activities. One of the standout features of Riverwind Condominiums are their breathtaking views. Imagine enjoying four-season vistas from your home, including the lively activities of the Willamette Sailing Club, the festive Christmas ships, and the charming Portland Spirit cruising year-round. The condos' open floor plans are meticulously designed to maximize these views, ensuring that residents can relish them from their living and dining rooms, kitchens, and even the primary bedrooms. It's an everyday luxury that enhances the living experience at Riverwind. Riverwind Condominiums in Johns Landing blend the beauty and convenience of waterfront living. For those seeking a relaxed lifestyle, these condos offer a unique chance to experience the best of Portland's natural charm and urban accessibility. Whether you're a first-time buyer, looking to relocate or ready to retire, Riverwind promises a lifestyle that balances the tranquility of riverfront views with the convenience of city living.
Riverpoint in Johns Landing
Riverpoint, renowned for its single-level and townhome-style condominiums, stands as one of Portland's most prestigious waterfront communities. Nestled in the long-established Johns Landing neighborhood, Riverpoint is a sanctuary for those seeking a relaxed yet upscale lifestyle. Situated on the west bank of the Willamette River, this community is ideally located in South Portland, between the affluent Dunthorpe and the eco-urban South Waterfront District. The architectural diversity of Portland shines through in Johns Landing, where the majority of homes are designed in the classic craftsman style. However, Riverpoint sets itself apart with its prime waterfront condos. These residences, ranging from opulent multimillion-dollar properties to accessible one-bedroom flats, offer lush landscaping and low-rise designs, a stark contrast to the towering high-rises of the South Waterfront, Downtown, and Pearl District. The serene riverfront setting and panoramic views of Mt. Hood and Mt. Saint Helens connect residents closely with nature, fostering a sense of tranquility and luxury. The convenience and charm of Johns Landing are unmatched. The neighborhood is a short walk to popular shops like Zupan’s Market and dining destinations such as Elephant’s Deli, located near the iconic Water Tower building. The area boasts its own Willamette Sailing Club, adjacent to the expansive Willamette Park. This 26.5-acre park, featuring outdoor concerts, movies, picnic areas, and a variety of recreational facilities, enhances the community's appeal. For those who value accessibility, Riverpoint offers unparalleled connectivity. Public transportation, including Trimet bus service, provides easy access to Downtown Portland and south to Lake Oswego via Macadam and Corbett Avenues. Moreover, the neighborhood is well-connected to major freeways, including I-5, Highway 26, and I-84, ensuring swift travel to Beaverton, the Oregon Coast, Mt. Hood, and beyond. Riverpoint is not just a residence; it's a lifestyle choice for the discerning homeowner seeking the perfect blend of natural beauty, urban convenience, and a touch of luxury. Quick & Associates Real Estate has been the premier waterfront specialist in Johns Landing since 2004. For any inquiries about buying or selling in this exclusive community, we invite you to contact us today.
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