Short video shows why RMLS™ subscribers should keep their ActiveKEYs out of the heat this week We’re going to have some serious heat in most of Oregon & Southwest Washington this week. As you try to stay cool in the hot weather, keep in mind this friendly ActiveKEY battery tip from Supra: “Temperature extremes can […]
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June 2009 RMLS Market Action Shows Positive Activity in Several Areas in Oregon & Southern Washington
Categories: Clark County, Coos County, Curry County, Douglas County, Lane County, Market Trends, Oregon Real Estate, Portland, Statistics, Union County, Washington Real Estate
The latest issue of the RMLS™ Market Action for June 2009 shows increases in accepted offers, closed sales and a decrease in inventory in several regions. Accepted Offers The five county Portland Metro Area saw a month-over-month increase in pending sales (8.4% comparing June 2009 with June 2008) for the first time since December 2006. Pending sales also […]
How Affordable Are Homes These Days?
Categories: Homeownership, Market Trends, Portland, Statistics
While, ultimately this is extremely personal calculation (because it depends on the buyer’s income, mortgage rates, how well the house will meet their needs, etc.) there is one generic indicator that we can use to get a sense of where the market is at overall: the Affordability Index.
First-Time Homebuyers Making a Splash
Categories: Market Trends, Portland
Are first-time homebuyers making an impact on the real estate market? I recently received a statistical request from a writer at the Oregonian who wanted to know if over the last year the percentage of buyers in lower-price ranges has risen. As it turned out, in Portland, those buying homes in the $0 – $499,999 range now make […]