RMLS Market Action September 2021
RMLS Market Action for September 2021 was published yesterday. No massive shifts but some trends that are worth watching. Once again, inventory ticked up 1/10th of a month. At this rate, we’ll reach a balanced market some time …
Portland Metro Real Estate Freight Train
May’s RMLS Market Action report was posted today. If it is any indicator to what our market is doing, it’s going up, not down. Seven tenths of a month of home inventory is the lowest it has ever …
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 …