Current & Local Real Estate Market Conditions

 

September 2014 Market Action Report: Anticipating a good winter sales cycle

Clients and Friends, 2014 had a rough start but is ending the year more consistent, dependable, and prosperous than 2013. Yamhill County sales volume of all property types is 5-9% improved over this same time last year. The average price locally is up 24% which does not mean individual properties are up that much, but […]

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July 2014 Market Action Report

Friends and Clients, We are nearing the end of the seasonal spike in sales. August is always a slower month as everyone in Oregon seems to take their vacation in this very dependable month. September will also be slower as people return to normalcy and enter a very busy month with schools starting, a surge […]

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May 2014 Market Action Report

Clients and Friends, My apologies for this being so late getting the May report into your hands. The good news is that the markets have come back very strong in the second quarter and we are working long, intense, hours. The long hours have been ours for 7 years now but now the time is […]

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April 2014 Market Action Report

Clients and Friends, April’s report is as refreshing as a spring shower! The post-mortem is in on the first quarter. The housing sector of the economy was flat almost everywhere nationally. The US economy showed a shrinking GDP during the quarter for the first time in 3 years.  We were not imagining things or making […]

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March 2014 Market Action Report

This Market Action Report ends the first quarter of 2014 for the greater Portland metropolitan area. We are glad to have this behind us! There are some increases over last year and too many decreases under last year- but most of them were modest. This means that pundits can easily spin the data positively or negatively; […]

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February 2014 Market Action Report

Clients and Friends, My primary motivation for providing this monthly report for the past seven years has been to help our sellers understand the markets in which they are trying to sell their properties. Our responsibility is to do everything reasonable (even heroic) to get these properties sold. Beyond that, we neither control the markets […]

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January 2014 Market Action Report

Dear Clients and Friends, Everyone likes to be around positive, uplifting, optimistic people. I suspect we all could use a dose of encouragement and hope almost every day. Sales professionals tend to be such people or they would not survive the daily grind of rejection and regular disappointments, incessant problems to solve, and the challenges […]

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Buildable Lots & Land in Oregon, February 2014

Finally, Hope Has Arrived! The hardest hit category of real estate during the past 7 years has been buildable lots & land. This includes lots in town including full sub-divisions, and buildable acreage parcels. We have enumerated the reasons for this several times in past reports. In this report we want to look at the […]

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If We Don’t Sell Your Home in 30 Days…Will We Buy It?

The housing market is recovering and the Portland markets have become a seller’s market. Competition among Realtors® to get more listings to sell is as fierce as I have ever seen. The battle has been taken to the airwaves and the medium of choice seems to be radio. Some sound more like ‘barkers’ than professionals. […]

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Recap of the 2013 Real Estate Market

Clients and Friends, the year end summary… 2013 was a good year for the greater Portland area. Overall… We have maintained that the greater Yamhill County area is trailing Portland by about 1.5 years. Here is a summary for Yamhill County for year ending 2013: Notice on several of the key graphs in the Market […]

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