How Low Can Portland Metro Housing Inventory Go?

I started real estate in 2003. Only twice, has inventory hit 1.2 months: December 2015 and NOW! It rocketed to 19.2 months in January 2009. Inventory is the ratio of active listings to closed sales. If I had …

RMLS Market Action April 2013

Bad blogger, bad blogger.  When you realize your last post was March’s RMLS Market Action report and April’s came out two days ago it’s time to start typing.  So here we go.  There’s no real surprise the inventory …

RMLS Market Action January 2012

RMLS released the latest edition of Market Action yesterday.  The Portland Metro market report shows that inventory bumped up from a month ago.  Closed sales are up but the number of new listings is down.  The 8514 active …

2011 Year End Market Action Reports From OPB

I’m just heading down to the OPB studio for this morning’s Speak Out Loud segment at 9:00 AM.  Here are the links to the December 2011 RMLS Market Action reports: – All Areas (68 pages) – Baker County …

The Tale of Two Portland Real Estate Headlines

“Housing prices looking up, sort of.” “Portland Home Price drop 8.4%“ The first headline is by Eliot Njus of the Oregonian (print version, I can’t find it online).  The second is Wendy Culverwell’s of the Portland Business Journal.  …

Portland Case Shiller January 2011

We’re not in 2007 anymore. Case Shiller Index numbers for Portland real estate were released this morning. Since the market peaked in July of 2007 Portland has given back 27.7% according to the Index. The Case Shiller Index …

Local RMLS Portland Inventory

We saw an increase in Portland metro real estate inventory to 11 months in the recently released RMLS Market Action.  For the last few months I’ve been tracking the local Portland RMLS areas as well so that we …

What’s Selling in Portland?

What’s selling in Portland?  This morning’s search shows the active listings and pending listings in Portland.  I used our proprietary Client Connect search software that feeds from RMLS.

RMLS Market Action July 2010

RMLS Market Action for the Portland metro area was released on Friday.  Metro area inventory spiked to 10.8 from June’s 7.3.  The increase comes from both a rise in active listing and a slow down in closed sales. …

How Much is your Home Worth?

Did you get your Market Tracker report on Sunday?  Market Tracker is emailed automatically from our system for any of the RMLS area zip codes on the first Sunday night of the month.  We can set you up …