Business News November 2024

radii pi pizza outside pizza oven
radii pi pizza outside pizza oven

We are excited and proud to introduce you to our latest brain child, Radii Pi (ray • dee • ai pie). With Janet’s culinary expertise, her son Ryan’s gift with bread and pasta making, and their combined passion and artistry, deciding on 12” Neapolitan-style pizza—its thin crust and emphasis on fresh sauce and premium toppings—was an easy choice. We have a top-of-the-line ceramic dome pizza oven fired up out back and we are ready to begin slingin’ Pi’s!

Here’s the deal: Slices are available 3-5 pm (or until sold out) and whole Pi’s can be ordered 3 pm-close (or until sold out). We also have a few salads, pastas and beverages available. All Pi’s can be made with gluten free crust or vegan cheese. Our regular dough is made with just water, flour, salt, and yeast (for those of you dairy-free, but not gluten-free folks) and has a three-day proofing process, so we have a limited quantity of pi’s each day.

Learn more and check out our menu here.

white recycle+ van from walker garbage

We at Walker Garbage are committed to expanded recycling! The Recycle+ program offers a way to recycle additional material with an on-demand monthly schedule. You get a purple bin to fill with your recyclable material and let us know when it’s full and ready for pickup. We just introduced our new Recycle + sprinter van.

For more information, please visit the Walker Garbage Service website. Sign up today!

Pacific Office Automation
holiday meal laid out on dining table

Let Market of Choice chefs and bakers do the work! Just choose your holiday meal items and schedule your pick-up time. Market of Choice makes holiday dining effortless with exceptional, ready-to-enjoy meals that taste like they came straight from your kitchen. With something for everyone, choose from chef-crafted main dishes, such as all-natural turkey, glazed hams, and a savory plant-based mushroom lentil Wellington, paired with an array of scratch-made sides.

Complete your feast with delightful appetizers, decadent desserts, and thoughtfully curated wine pairings. You also have the flexibility of à la carte selections or can opt for a Chef’s Prix-Fixe dinner that serves two to eight people and is designed to bring warmth and joy to your holiday table without the fuss of cooking.

Order online between November 4-24 for Thanksgiving, with pickup available from November 24-28 at the Cedar Mill store and other local Market of Choice stores across the state. To place your order online, see the Catering webpage. December holiday orders will open on December 1.

With the rise in cybersecurity breaches and identity theft, Sunset Credit Union wants to remind you of some security measures everyone should take to help protect themselves from identity theft.

Closely monitor all credit accounts and loans, to catch and report any suspicious activity on any one of those accounts.

Immediately report any suspicious credit or loan account activity to the financial institution and/or lending institution.

Sign up for the fraud alerting services offered by the three credit bureaus to receive notifications about potentially fraudulent activity. You can do so by visiting these sites: Equifax, Transunion, and Experian.

You can also place a freeze on all three credit bureau accounts to prevent fraudsters from opening new accounts using your identity. Visit each of their websites to learn more.

Join Sunset Credit Union and sign up for our free email/text alerts to notify you when your debit or credit card has been used. And be sure to check out the SSPFCU website for additional security benefits we offer.

We hope you find these tips from all of us helpful. Sunset Credit Union is open to anyone who lives, works, worships or attends school in Washington County. To learn more, visit our website, give us a call at 503-643-1335, or stop our office located at 1100 NW Murray Blvd., #200.

orangetheory fitness people

Join our community and get a jumpstart on your New Year’s resolutions. Orangetheory is a dynamic combination of strength and cardio training that supercharges your metabolism to burn more calories and build lean muscle at the same time. Our certified coaches guide you through scientifically designed workouts that are fun for all fitness levels, while technology captures data to prove your progress.

When you join in November, you get the next month free! There has never been a better time to get started! Please visit the Orange Theory website or call 503-427-1915 for additional information.

Here in Portland, the real estate market often adheres to seasonal patterns. Currently, inventory remains high, and buyer traffic is lukewarm as is typical in the fall. Price reductions are high and will likely continue to climb as sellers contend with longer market times and increased competition. The newly lowered interest rates could drop further (possibly the first week of November). However, the rates have been volatile, bringing buyer hesitancy.

I am expecting a hot and seller-favored spring season in 2025, keeping buyers holding tight now. I believe it is unlikely these rate drops will completely turn around this fall season. There is a backlog of inventory to deal with and buyer traffic is seasonally lower. However, these interest rate drops may keep the fall season from being terrible and could help move a lot of properties before the major holiday hit.

In my almost 40 years studying and working in the Portland metro housing market, home buyer traffic remains one of the most important metrics I use to understand the state of the market at any given time. In some ways, 2024 has repeated seasonal trends: an increase in buyer traffic in quarter one, a peak in April, and a drop in early July. The difference this year is that the April peak was only lukewarm, never reaching the typical Spring Market insanity of the past. Traffic also remained steadily lukewarm, putting us more or less in the same position as 2023. November and December are typically the quiet months for buyer activity, and this year should be the same.

We are seeing more homes on the market than last year. Our current inventory level is so high the interest rate drop or drops we will get this fall are unlikely to completely turn around the market in this season. As of October 2024, 49% of homes on the market have undergone price reductions. This figure is down slightly from 51% in September but still high, aligning with the trend of increasing price cuts that come when sellers adjust to slower buyer activity. The percentage of reductions is only slightly higher than 2023’s 48.8%. Heading further into October, I predict reductions will continue due to high inventory and declining buyer traffic. Sellers will likely face more pressure to lower prices to close sales before the holiday season when activity slows.

With almost 40 years as a realtor, I have vast experience with volatile markets, and it would be my pleasure to meet with you, to learn your plans, and to help you navigate this transitional period. This is a very complicated real estate market; I would love to help you understand it. Reach me by phone at 503-706-6358 or email me at jdempsey@windermere.com.