Current & Local Real Estate Market Conditions

 

Back to a “normal marketplace” – Market Action Report July 2016

Friends and Clients, With July’s reports, we begin the annual cycle downturn. The surge of buyers who planned to purchase this year have settled into their new homes or at least are pending by now; the rest of the year will produce modest numbers by comparison. This year we also see that the post-housing depression […]

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What’s next? Market Action Report – May 2016

Clients and Friends, As we approach the mid-point of 2016, what are the current dynamics in our market places? Portland markets have skyrocketed since mid-2012 and the dynamics have been dramatic. It has been a rabid ‘sellers market’ and prices blasted through the former top of the market in 2007. Five dark years created pent-up […]

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Welcome to a hot marketplace! April 2016 Market Action Report

Clients and Friends, After an incredible run-up in the Portland real estate markets since 2012, it is not surprising, not even a bad thing, that this month’s numbers leveled-out, even declined. The pace of recovery was unsustainable. Sales continue to be quick. Inventory went up a tick because we are posting better numbers for new […]

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Our Industry is changing – March 2016 Market Action Report

Clients and Friends, We have maintained that Yamhill County is at least 2 years behind Portland’s housing sales dynamics. Right on schedule, the Newberg/Dundee area is experiencing multiple offers and immediate sales predictably on most kinds of properties. We expect this trend to spread throughout the county this year and by next year to be […]

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Portland Metro & Yamhill County Market Action Reports – February 2016

Clients and Friends, Perhaps the present trends are our future. Reading the tea leaves… The Portland metroplex continues its national dominance with fast rising prices and attracting out of state buyers. It is not uncommon to hear comments and read stories about another real estate ‘bubble’ building; no one wants to experience another bubble burst! […]

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Luxury Market Analysis Yamhill County – Part 2

Attached you will find raw data for an analysis of the luxury property market in Yamhill County. Some are lists in order to compare aspects of the properties; some are more detailed formats. We are glad to send you direct links to particular properties or do a market analysis on your property; just ask. There […]

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Luxury Market Analysis SW Portland Metro – Part 1

In this report we seek to understand the recovery of the high-end residential market place for the SW Portland. This analysis focuses on Yamhill County’s neighbors to the east, a harbinger of what is to come for our area. What we call Area 151 contains data from Tigard down to North Marian County (including Aurora) […]

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It’s Time for Action – Market Action Report for January 2016

Clients and Friends. THE GOOD NEWS… With this report, we are charting what is expected to be a very good year for real estate sales in the Portland metroplex, and particularly in Yamhill County. Inventory is very low because of strong sales volume, but new listings in January were as strong as they have been […]

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Market Action Reports & Year-End Analysis

Wow, it has been raining a lot! We get asked by out of state clients about the rain here in Oregon and we tell them the truth. However, this year the weather is making us look like liars! The Portland metroplex in December and for 2015 achieved the highest volume of real estate sales on […]

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Winter Report on the Portland Area Real Estate Market

The real estate markets in our area delivered a very nice Christmas present to us this year. Year-to-year comparisons with 2014 (a decent year of recovery) show dramatic changes for the better. While we have nothing to complain about by comparison with the great famine years which began in 2007, this month’s reports show some […]

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