Current & Local Real Estate Market Conditions

 

Tracking the Markets: Luxury Properties, Buildable Parcels, & New Construction

Nationally, housing markets are recovering well from the most dramatic recession/depression since The Great Depression of the 1930s. The Portland metropolitan area is enjoying one of the strongest resurgences. The sub-prime mortgage mess of 2007 ushered in the meltdown of the financial sector in 2008 which was followed by severe unemployment and economic weakness since […]

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Tracking the Markets: Luxury Properties, Buildable Parcels, & New Construction

Nationally, housing markets are recovering well from the most dramatic recession/depression since The Great Depression of the 1930s. The Portland metropolitan area is enjoying one of the strongest resurgences. The sub-prime mortgage mess of 2007 ushered in the meltdown of the financial sector in 2008 which was followed by severe unemployment and economic weakness since […]

Reading…

Improvements in Oregon Luxury Properties, Buildable Parcels, & New Construction Homes! Market Action Report for July 2013

Clients and Friends, We had a bit of a pause in the market in June which spooked some of us. It was likely caused by the 1% interest hike. The market rebounded in July in the Portland Metro area counties. Once again, we have the best numbers in 5-6 years for our markets. Closed Sales […]

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Improvements in Oregon Luxury Properties, Buildable Parcels, & New Construction Homes! Market Action Report for July 2013

Clients and Friends, We had a bit of a pause in the market in June which spooked some of us. It was likely caused by the 1% interest hike. The market rebounded in July in the Portland Metro area counties. Once again, we have the best numbers in 5-6 years for our markets. Closed Sales […]

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Why Properties Don't Sell

More than six years of a housing depression taught us to adjust, adapt, and learn new dynamics of selling in a declining market. This greatest of challenges has brought us back to the very fundamentals of our trade, selling real estate in the public marketplace. At the core, beneath all the novel ideas of marketing, […]

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June 2013 Market Action Report

Friends, Clients, and this month in particular, our Sellers, This is the mid-year report- the end of the 2nd quarter and the heart of the most robust selling season of the year. It is time for a re-evaluation of the local marketplace so that adjustments can be made. First a summary and some notes based […]

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May 2013 Market Action Report

The May Market Action Report (seen here) shows that the housing recovery remains strong in the Portland metropolitan area posting the best sales numbers of any month since before the financial meltdown of the fall of 2008. Last month we incorporated an article noting how Yamhill County’s recovery is playing out differently than Portland’s recovery […]

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April 2013 Market Action

Friends and Clients, This report is about April’s real estate market performance, but it is early June as I write this. A year ago in June was the month that awakened us to the beginning of the housing market recovery in the Yamhill County area. With April’s report we continue a trend of posting the […]

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Understanding the Difference Between the Yamhill County & Portland Real Estate Markets

Real estate is local; it is about location, location, location. National news is often just averages – which may actually reflect nowhere! The reason real estate will always be ‘boots on the ground’ is that the ground here and the ground 1000′ away may be very different when it comes to value. Local real estate […]

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March 2013 Market Action Report

Clients and Friends, The housing market is again the source of good news in our area.  Recovery is well-established and continues to pick up steam with the seasonal escalation of activity. We have great numbers to report in the Portland metropolitan area including Yamhill County: 1. Closed Sales (solds): 14.2% higher than March 2012 Up 40.6%% […]

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