Sales up, but in comparison to a dismal month last November The big highlight this month for many areas is a large jump in closed sales compared to last November. Curry County posted a 141.7% increase and Portland and Clark County set records for percentage increases in same-month sales at 72.4% and 70.5%, respectively. While […]
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Supra Lockbox Activity – Updated Through December 6
Categories: Lockbox, Market Trends, Oregon Real Estate, Statistics, Washington Real Estate
House Hunters Hit the Pavement After The Holiday When comparing the week of November 30 through December 6 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox increased 32.6% in Washington and 35.4% in Oregon. Click the chart for a larger view Archive View an archive of the Supra […]
FHA Loans Make Up 28% of Sales in Portland Metro Area
Categories: Industry News, Market Trends, Oregon Real Estate, Portland, Statistics
Will new restrictions slow the increase in FHA popularity? We all know that FHA Loans have increased in the past few years with the changing market, but how much? I recently ran some numbers on financial terms, a required field in RMLSweb, that may shed some light. These numbers are for the Portland metro area […]
Lockbox Activity Down Over Holiday
Categories: Lockbox, Market Trends, Oregon Real Estate, Statistics, Washington Real Estate
House Hunters Take Break for Thanksgiving When comparing the week of November 23-29 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox decreased 24.8% in Washington and 31.7% in Oregon. Click the chart for a larger view (Oregon, top; Washington, bottom) Archive View an archive of the Supra lockbox […]
Distressed Property Update for Portland & Clark County
Categories: Clark County, Industry News, Market Trends, Portland, Statistics
21.9% of listings distressed in PDX, 31.7% in Clark County The latest report from the Mortgage Bankers Association indicated that the rate of foreclosure for people with fixed rate loans and good credit is on the rise. The AP reports that homeowners’ inability to keep up with payments is now more due to unemployment, rather […]
RMLS Market Action Recap – October 2009
Categories: Clark County, Columbia Basin, Coos County, Curry County, Douglas County, Eastern Oregon, Lane County, Market Trends, Mid-Columbia, Oregon Real Estate, Portland, RMLS Market Action, Statistics, Union County, Washington Real Estate
Same-month sales up nearly across the board in Oregon & Southern Washington Sales activity continued to outpace levels from the same month last year in the latest RMLS™ Market Action report. Inventory was also down in several areas, including Lane County, Portland and Clark County. Sales Activity: Both pending and closed sales increased in 9 […]
Supra Lockbox Activity – Updated Through Week of October 12-18
Categories: Lockbox, Market Trends, Oregon Real Estate, Statistics, Washington Real Estate
Down 5.5% in Washington and Oregon When comparing the week of October 12 – 18 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox decreased 5.5% in Washington and Oregon. Click the chart for a larger view (Washington, top; Oregon, bottom) Archive View an archive of the Supra lockbox […]
Portland Metro Sales by Price Range – September 2009
Categories: Market Trends, Portland, Statistics
Homes below $400k make up 85% of sales in September I recently read that in Phoenix, 93% of September Home Sales were below $400k. The author says that Phoenix is essentially a “tale of two markets”, one where homes in the lower priced spectrum are selling & where high-end homes are sitting. We’ve looked at […]
Portland Metro & Clark County: Top 5 Areas – Inventory
Categories: Market Trends, RMLS Market Action, Statistics
Top 5 Areas with the Lowest Housing Inventory in September, Portland & Clark County Below are the five MLS areas with the lowest supply of housing inventory for September 2009 for the Clark County and Portland metro areas. Inventory measures how long, in theory, it would take to exhaust the current supply of housing. We […]
RMLS Market Action Recap – September 2009
Categories: Market Trends, Oregon Real Estate, Portland, RMLS Market Action, Statistics, Washington Real Estate
Residential real estate sales tick up in several areas, inventory down This month’s RMLS™ Market Action report showed a trend of increasing real estate sales & subsequently lower housing inventory in many areas of Oregon & Southwest Washington. Sales Activity: Closed sales rose in the following areas this month, compared to the same month in […]