Current & Local Real Estate Market Conditions

 

February 2013 Market Action Report

Clients and Friends, This February report regarding the local markets is quite late (my apologies), symptomatic of a very busy housing recovery which is keeping us running day and night. A common refrain in the data is that X statistic “is the best it has been in 5 years” or since 2007. This is obviously […]

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Oregon Real Estate in Demand – Local Price Appreciation

Everyone wants to buy low and sell high but it is never as simple as it sounds. Fortune tellers are more mocked than appreciated! There are, however, obvious reasons to believe that we are at the bottom of the market now, and evidence suggests we might not be here for long. Some may argue that […]

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January 2013 Market Action Report

Clients and Friends, 2013 began with promising news for the local housing market this year. We now regularly see statistics that are better than any year back to 2007 when the market was white hot. The January 2013 Home Sales Report reveals that closed sales and pending sales outperformed any of the past 6 years. […]

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2013 First Time Home Buyers: Why Mortgage Interest Rates Matter

Those who fail to adapt to changing market conditions always get burned. Buyers got burned in the market escalation before 2007 (a ‘seller’s market’). Sellers often got burned for not adjusting quickly enough during the five-year housing crash since 2007 (a buyer’s market’). The market is changing again and buyers are at risk. Mortgage interest […]

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December 2012 Market Action Report

Friends and Clients, This December report and the year end summary for 2012, is coming to you quite late. After experiencing a too quiet November and December, January began with a high volume of calls, showings, and offers for us. A personal introduction to a heart stent also complicated my life, capping 5 years of […]

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November 2012 Market Action Report

Dear Friends and Clients, It has been a good year for real estate; we have nothing to complain about. Worry, well that may be a different story… There is reason to pause and ask, What is happening? November fell silent, especially in our area, and this slow-down continues in December. Seasonal cycle? Election? Fiscal Cliff? […]

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October 2012 Market Action Report

Friends and Clients, For our Bella Casa brokerage meetings this week I reviewed the sales statistics which have been very encouraging throughout 2012 (and ought to motivate us greatly for 2013). One statistic was so mind-blowing that I made a contest out of it – only 2 of 25 Realtors® even got close to the […]

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September 2012 Market Action Report

Friends and clients, there is no bad news here! The housing recovery in our local markets continues to impress us and give much needed hope as we now enter a second year of better news. Last September (2011) was a good month for us; noticeably good. Each month since then we have witnessed improving sales […]

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August 2012 Market Action Report

Good News Continues! The August 2012 report continues to shower good news on our local housing markets. This month caps 12 months of improving numbers which should convince buyers that we have at least turned the corner on the housing demise in our area. Let’s hope nothing more pummels us! We have an impending election which […]

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July 2012 Market Action Report – Hot Sales!

HOUSING RECOVERY SUSTAINED: Market Action Report Contrary to popular thinking, August and September are often the slowest and most disappointing months of the year for sales in my experience. Not this year! The intensity of real estate services right now is why this report is so late. It took a holiday weekend to find the time. Property […]

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