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August Market Action Results Mixed

Same-month sales improve, but inventory rises in many areas Sales Activity Sales activity (pending sales & closed sales) outpaced totals from last August in several areas. Clark County continues to post impressive numbers in this category, as pending sales were up 24.9% and closed sales increased 21.4%. Portland posted a 13% increase in pending sales […]

August 2009 Market Action Released

The latest edition of Market Action is now available to RMLS™ subscribers on RMLSweb. To view the latest reports, log on to RMLSweb and under the links section on the left side, there is a link that says “Latest Market Action” in red. A new window should open with all of the latest reports. If […]

Supra Lockbox Activity – Updated Through Week of Aug. 31-Sept. 6

Lockbox Activity Down Over Labor Day Weekend It appears some house hunters took a break to get in that last camping trip or to prepare their kids for school. In Washington, the number of times RMLS™ subscribers opened Supra lockboxes was down 8% when comparing the week of August 24-30 to the week of August […]

Supra Lockbox Activity – Updated Through Week of Aug. 24-30

Washington Unchanged, Oregon Down Slightly In Washington, the number of times RMLS™ subscribers opened Supra lockboxes was unchanged and in Oregon activity was down 1%. These stats reflect a comparison of the week of August 24-30 with the week of August 17-23. Click the chart for a larger view (Washington, top; Oregon, bottom) Archive View […]

When’s the Next Market Action Coming Out?

When to Expect the Latest Market Reports from RMLS™ This is a frequently asked question from subscribers here in my cubicle, so I thought I’d put the answer in writing. My standard line is that Market Action is released around the 15th of each month. “Around” means it could be a day or two before, […]

Supra Lockbox Activity – Updated Through August 24

Lockbox activity down slightly After an increase last week, lockbox activity dipped slightly in the week of August 10-16 compared to the prior week. In Washington, the number of times RMLS™ subscribers opened Supra lockboxes decreased 3.4% and in Oregon activity was down 1.4%. Click the chart for a larger view (Washington, top; Oregon, bottom) […]

The $8K Tax Credit and its Effect on Portland Metro Real Estate

There’s been some encouraging news lately in the RMLS™ market areas. The number of sales and pending sales are finally outpacing the totals from the same month in 2008.  How much of it might be a result of the $8,000 first-time homebuyer tax credit, though? I recently put together some statistics for the Oregonian on the Portland metro […]

Supra Lockbox Activity – Updated Through August 9

Lockbox activity rebounds After a few down weeks, lockbox activity rebounded in the week of August 3-9 compared to the prior week. In Washington, the number of times RMLS™ subscribers opened Supra lockboxes increased 18.2% and in Oregon, activity was up 8.8%. Click the chart for a larger view (Washington, top; Oregon, bottom) Archive View […]

July Market Action Released: Reports Show Improvement in Oregon & Southwest Washington Real Estate

We released the latest Market Action reports to RMLS™ subscribers yesterday. Many areas of Oregon and Southwest Washington are showing improvement as far as sales and inventory go – here are a few highlights: Inventory: Inventory is showing steady improvement in Portland (7.3 months), Clark County (7.3 months), and Lane County (6.2 months). In most […]