Current & Local Real Estate Market Conditions

 

What to Expect From Our Housing Recovery of 2012

  Summary: In the summer of 2012, the Portland metropolitan areas are experiencing a significant housing recovery. Ten months of improving sales numbers in tandem with much happy anecdotal confirmation, is a wave of relief for many weary sellers and an exciting green light for buyers wanting to make a great investment and catch the […]

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June 2012 Market Action Report

July 26, 2012 Five years ago this week, with the sudden disappearance (then bankruptcy) of one of the largest mortgage companies in America, we woke up on a Monday morning to unshakable ominous feelings and pervasive stillness in our industry. What was going on? Just another California housing roller coaster ride, or was it something […]

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May 2012 Market Action Report

June 15, 2012 I am glad to report that there is more good news for the housing industry in the greater Portland metro area including Yamhill County. This is the 9th month in a row of steady improvement for sales which is clearly a trend. The trajectory of the market this year is very encouraging. […]

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April 2012 Market Action Report

Eight months of good news for housing in the greater Portland area! The trend of good news continues in our local housing markets. What exactly is improving? 1. Volume The number of buyers in the marketplace who are searching and buying in a wide, balanced, range of pricing shows promise of breaking up the log-jam […]

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Home Sales in Yamhill County 1st Quarter 2012

These Home Sales Reports for Yamhill County for the past 3 months (1st Quarter, 2012) focus on residential sales which closed during those months. Home Sales Report Yamhill County January 2012 Home Sales Report Yamhill County March 2012 Yamhill County  follows the trends in Portland, but we do not do as well as Portland. Look […]

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March 2012 Market Action Report

Is this the beginning of the end of the Buyers’ Market? View or download the full Market Action Report – March 2012 here. Summary of the Portland metropolitan market: Pending sales are up 12.8% over last March; 7.7% up from February, and year-to-date pending sales are up 18.2% over 2011. Closed sales are up 4.9% over last March; 34.2% […]

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Selling Lots & Land 1st Quarter 2012

Every six months or so I attempt to delve deeply into the dark underworld of selling lots and land in this housing depression in order to update our clients. Our clients who own buildable parcels of land believed they had some of the best investments in real estate, and they did at one time, but they have […]

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Is there a New Construction Renaissance?

For our Clients and Friends, For buildable lots and land to begin to sell again, we need the new construction industry to awaken. There are already some Charlotte home building companies that are offering quality housing to many citizens, but there needs to be more work done in the construction department. Below is an article […]

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February 2012 Market Action Report

Market Action Report February 2012 More good news! We have the latest analysis from the Regional Multiple Listing Service covering the greater Portland markets, including all of Yamhill County. I am glad to report that this is the 6th month of good news which also reflects our experience working with buyers and sellers. While still […]

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January 2012 Market Action Report

There is much good news in the Market Action Report for the Portland metropolitan area for January 2012: Home Sales Report for Yamhill County – January 2012 Market Action Report for January 2012 1. Inventory is low and has been declining for most of last year. There are mixed reasons for this (not out of the woods […]

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