Portland Real Estate | Happy Valley Real Estate | Lake Oswego

Referral Contest! Easily Win a MacBook Air, iPad Air 2 or a 55" 4k UHD TV!

Monday, March 14th, 2016

Contest Rules and Details Prizes: 1st Place - A fully loaded, decked out 13" Apple MacBook Air! 2nd Place - Brand Name (Sony, LG, Samsung etc) 55" 4k UHD TV 3rd Place - Apple iPad Air 2 Those with "points" as described below who do not win one of the top prizes w... [Read More]

Scott's October 2014 Portland Area Market Report by Area - UPDATED

Friday, November 14th, 2014

I have been tracking numbers for probably close to three years now and have gone through tons of changes in what I track and how I track it. Just this last year eliminating an emphasis on the distressed market as we are no longer in a heavily distressed market (though, I do ... [Read More]

RMLS Portland Metro Market Action Report for October 2014

Friday, November 14th, 2014

The RMLS Market Action Report for October 2014 just came out and with it some, well; expected numbers. First off, inventory dropped a bit from 3.1 months worth of inventory in September to just 2.8 months of inventory. This is a normal figure for this time of year with th... [Read More]

What is the Current Average Home Sale Price in Your Area? Got it Right Here!

Friday, November 7th, 2014

In the last few months I've been switching up my real estate market tracking which previously only tracked the Portland metro and surrounding areas as a whole, lumping in Molalla with say N Portland, which shows the overall conditions in the Portland real estate market at la... [Read More]

Foreclosure List(S) for November 4th 2014

Tuesday, November 4th, 2014

Today we have FIVE emails from RMLS for the foreclosure list update and generally I'd wait until later in the evening to post them, but I figure with five, that's GOT TO BE all RMLS will send out today as I've never received six...I'll update if a sixth one comes out though.... [Read More]

Want to Buy a Home with a Recent Bankruptcy, Foreclosure or Short Sale on Your Record? Check This Out...

Tuesday, November 4th, 2014

Received this from my firms managing Principal Broker today, thought I would pass it along here as it's a handy dandy chart showing expected wait time frames for someone that has a bankruptcy, foreclosure or short sale in their recent past and would like to buy a home. S... [Read More]

Interest Rates Starting to Climb a Bit, Still Low

Tuesday, November 4th, 2014

Checking interest rates today it looks like rates are beginning to climb a bit again with BankRate.com showing 4.10% for a standard 30 year fixed and 3.27 for 15 year fixed rate. Both are up from rates in the previous two weeks, however they are still historically very low a... [Read More]

Halloween Foreclosure List

Friday, October 31st, 2014

Only received three foreclosure email updates from RMLS today, considering we've been seeing an increase in distressed homes in the Portland real estate market lately, it's kind of nice to see only three of these emails today. Here are the new foreclosures listed for sale... [Read More]

Portland Real Estate Market Update: Inventory Down, Distressed Homes Up

Friday, October 31st, 2014

Normally during this time of year we do see inventory shrinking and indeed this year is no different. Down from roughly 6,400 homes on the market back in late August to 5,640 as of today as this graph shows:             ... [Read More]

September 2014 RMLS Market Action Report

Wednesday, October 29th, 2014

The September RMLS Market Action Report is out and is showing the market is still quite strong for sellers with inventory still low in terms of number of months. RMLS shows 3.1 months for September. My own number tracking shows us running around 80 days currently (seems to b... [Read More]

October 29th 2014 Foreclosure List

Wednesday, October 29th, 2014

The foreclosure list is getting further broken up into multiple lists per day. RMLS seems intent on sending out property update emails multiple times per day now so today alone there were five emails (so far...Hey, the days not over!)...Here are the links: To see the newe... [Read More]

Data Tracking Changes Incoming & Finally Adding Area & Price Tracking

Tuesday, August 26th, 2014

I'm going to be changing what is tracked from here on out and being that tracking these numbers takes a considerable amount of time, I can't keep the old numbers going while also doing the new numbers; HOWEVER, I have also implemented area tracking and home price tracking (s... [Read More]

Slow week for closings in the Portland real estate market

Saturday, August 23rd, 2014

This one could just be a matter of other agents; a lof of them this week, not updating RMLS to show their home sales have closed and I won't know for sure until I back check the numbers to pickup those missing entered sales next week. However, with that said, we've been a... [Read More]

Portland Oregon homes for sale inventory increasing in all but two areas

Saturday, August 23rd, 2014

Checking market conditions today shows a definite trend in inventory climbing ever so slightly across the board in the Portland real estate market with the exception of two areas. RMLS area 145, also known as Milwaukie, Gladstone, Clackamas & Happy Valley, has actuall... [Read More]

August 23rd 2014 Foreclosure List for Portland Homes for Sale

Saturday, August 23rd, 2014

Here are the new foreclosures listed for sale within the last 24 hours: To see the newest matches from RMLSweb click here and here. For a complete list of available matches click here. If you are not already working with a Realtor and would like to see any of these hom... [Read More]

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