Entries in Category ‘Market News’
Good news! Case Shiller says Portland is one of only three metro areas that has posted positive monthly returns when comparing September to August.
I participated in this survey a few months ago and think the results are pretty interesting. Read on for more information on current market conditions,economic commentary rental rates, distressed property problems and more, from the perspective of Real Estate agents around the country.
Beautiful Victorian in the Clinton neighborhood gets an offer the first day on the market.
Inventory is down to half of what it was in Feb. '10. Last month, inventory was at 6.8 which is the lowest we've had it at in years. (Source: RMLS May 2011 report. Inventory is calculated by dividing the active listings at the end of the month by the number of closed sales that month). Inventory in the 6's is generally thought of as being a balanced buyer/seller market.