Terms like “short sales” and “bank-owned” are on many people’s tongues and minds in the real estate industry. The recent addition of the Short Sale and Bank Owned fields on RMLSweb now allow us to look at data for these listings individually. Before there was a short sale field on RMLSweb, there was only a […]
Tag Archives: short sales
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 […]
New Short Sale Fields Added To RMLSweb
As we previewed in an earlier post, to help you handle short sales more efficiently and to help the other types of properties that require 3rd Party approval to get fair exposure, we’ve added Short Sale Yes/No and Short Sale Offer (Seller Accepted; Submitted for Approval) Yes/No to Listing Load. Watch this short tutorial to […]
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 […]