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 […]
Tag Archives: bank owned homes
Do Foreclosures Dominate RMLS™ Market Areas?
Categories: Market Trends, Oregon Real Estate, Washington Real Estate
With all the stories in the media, it seems like everyone is facing foreclosure these days. (Even Michael Jackson’s doctor.) So I thought it would be interesting to look at the foreclosure market in our service area to find out what’s really going on. We currently have 30,276 active residential listings in RMLSweb–this includes Oregon and […]
How Prevalent Are Short Sales In the RMLS Market Areas?
Categories: Market Trends, RMLS News, Statistics
Lots of people are talking about short sales and foreclosures these days. If you didn’t know better, you might think that they’re the dominant type of listing for sale. But fortunately, you do know better and starting next week when we add two new short sale fields to RMLSweb (more on that later) it’s going to be even […]
Pending Sales Continue to Increase in Clark County
Categories: Market Trends
One of the most interesting statistics I saw in the latest issues of Market Action was the increase of pending sales compared to May 2008 in Clark County. This was the second month in a row that the number of pending sales rivaled that of the same time period a year ago. This is good […]