The RMLS Market Action Report is out for February 2009 and my commentary on the numbers is up on our site now. 
If you’re just interested in a quick “whats up in the market” take a look at my commentary as it’s just the relevant Portland market information, if you have some time to kill and want to read all 52 pages of the multi-county report feel free to do so, you can download it from the same place and have at it.
The RMLS Market Action Report for January 2009 and year end county numbers is out, well actually a few days ago…ok, a week…
I was late what can I say? You know what I can say? Business is POPPIN’ and today was the first chance I’ve had to breathe in the last week to get to doing my monthly write up on the report.
RMLS released the latest RMLS market action report for December 2008 yesterday 
and I just posted my take/summation (call it what you will) on our website. Take a peak at it as of course the report is overall negative, sales down, appreciation down etc but there are some positive notes as well primarily in that inventory actually fell last month. Also with the coming inaguration of Obama I think there’s a decent chance to see a market uptick in the numbers for the February report; take a few moments to read my take on it to see why.
RMLS has released the November issue of the Market Action report. The news of course and a
s expected is not good, we’re continuing to decline with a current inventory of 15 months and closed sales of only 1,041 which is the lowest we’ve seen since 1993! Listings are down as well which is good however the closed and pending sales are down by a higher percentage and we need to see that trend reverse for a Portland real estate market recovery to happen. Take a look at my comments on the market action report here and you can also download the full report to review on your own from that same page.
Right around the middle of each month RMLS sends out their “Market Action Report” for the previous month; Octobers market action report just came out today. Each month I do a write up on it, sort of summarizing it and post it on our website. The report and my summation of the report are both now posted.
As Realtors we would be unprepared to arrive at a listing appointment with out checking out the home’s “zestimate”! Why? Because in most cases the home owner is absolutely confident that their home is worth what Zillow says it’s worth – After all it’s Zillow!
Well, not so much… (more…)
“He who parties the most suffers the worst hangover”.. or something like that. Regardless, we’ve weathered the foreclosure storm very well! Portland, According to Forbes.com places Portland, Oregon as #10 in a list 
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Fannie and Freddie are the hot topic of late of course, the general concensus I hear (and also believe) is that nobody should bail them out. I think if we leave the housing market alone it will fix itself. In fact the biggest problem I see right now and on the horizon is the banks inability to implement a speedy and efficient process for selling the homes currently in “short sale” status. Because the banks have made such a mess of the process, agents are refusing to bring buyers to these types of homes and they are sitting stagnent on the market. This is information is based on the Shirmeyer Rate Market Report, which is published by Sigma Research.
