Portland Case Shiller up for Sixth Straight Month

The Case Shiller Index was released this morning for the September 2012 reporting period and for the sixth consecutive month, the Portland MSA has increased.  Today’s 141.10 is the highest since November 2010 and 11.5 points above the …

RMLS Inventory- How Low Can It Go?

RMLS Market Action for October 2012 was released yesterday and inventory has dropped even further to 3.8 months. 2012 has seen fewer new listing than 2011 but an increase in closed sales has pushed inventory levels even lower.  …

Portland Case Shiller Up, Again

The Case Shiller Index for Portland continued to climb in August. The market looks much better than it did last year but history also paints a cautionary tale. The graph below shows the Index for Portland for the …

Case Shiller Continues Climb

The July 2012 Case Shiller Index was released this morning and Portland continues to climb.  At 140, the Index has climbed back up to November 2010 levels from its January through March 2012 low of 129.  That’s an …

Case Shiller Up But too Early to Call Bottom?

We’ll start with a little self-congratulatory pat on the back: this is the PortlandRealEstateBlog.com’s 1000th post! The May 2012 Case Shiller Index was released this morning and all 20 regions tracked were up.  Portland was up 2.6% from …

Portland Real Estate Loses Traction

Six continual months of (minimal) Portland real estate price appreciation has slipped away in the last two month.  The Case Shiller Index, released this morning shows Portland lost 2.18 points to end November at 133.26, essentially the same …

RMLS Market Action September 2011

RMLS Market Action for September 2011 was released on Friday afternoon.  I’d consider the report mostly neutral.  Inventory, median price, pending and closed sales were up but average price and the number of new listings decreased compared to …

Portland Real Estate Prices to Rise 5.9%?

I’m sitting here listening to Steve Job’s commencement address to Stanford’s class of 2005 for the second time (on my MacBook).  It’s 15 minutes well spent.  Five minutes into the speech he says that, “you can’t connect the …

Case Shiller April 2011

“How’s the market?”  Our business coach wisely points out that, “It depends.”  What are you trying to do in the market?  The Case Shiller report for April 2011 was published last week.  If you read didn’t read anything …

Case Shiller Portland February 2011

  Case Shiller’s monthly real estate report was released this morning.  Portland lost a little more ground in February (Case Shiller reports with a sixty day lag and “Portland” is the seven county MSA).  The current Portland index …