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Portland Real Estate Experts

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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]
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]
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]
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]
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]
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]
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]
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]
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]
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]
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]
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]
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]
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]
Thursday, August 21st, 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. As usual, if you'd like to see any of these, or any home for that matter (or selling... [Read More]
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