The real estate market in West Linn Oregon finished March with 31 closed sales, which is up from the 23 and 16 closed sales in February and January respectively.  Of the 31 closed sales in March, 17 were distressed properties (foreclosures/short sales) representing 55% of the closed sales for the month.  As of the end of March, distressed properties accounted for 20% of the active listing inventory.  There were 5 closed sales...Read the rest of this entry »

The real estate market in Lake Oswego Oregon finished March with 58 closed sales, which is up from the 41 and 47 closed sales recorded during February and January respectively.  Of the 58 closed sales in March, 15 were distressed properties (foreclosures/short sales) representing 26% of the closed sales for the month.  As of the end of March, distressed properties accounted for 19% of the active listing inventory.  There were 16 closed...Read the rest of this entry »

The real estate market in Hillsboro Oregon finished March with 92 closed sales, which is up greatly over the 48 and 47 closed sales recorded during February and January respectively.  Of the 92 closed sales in March, 53 were distressed properties (foreclosures/short sales) representing 58% of the closed sales for the month.  As of the end of March, distressed properties accounted for 39% of the active listing inventory.  The inventory level is lowest in the...Read the rest of this entry »

The real estate market in Beaverton Oregon finished March with 159 closed sales, which is up considerably over the 115 and 106 closed sales recorded during February and January respectively.  Of the 159 closed sales in March, 77 were distressed properties (foreclosures/short sales) representing 48% of the closed sales for the month.  As of the end of March, distressed properties accounted for 37% of the active listing inventory.  The inventory level is lowest...Read the rest of this entry »

The widely watched Case-Shiller home price index published monthly by Standard & Poor’s was released today for February 2011. There is always a two-month lag time for the data in this report. The index for the Portland Oregon metro area was measured to be 133.7 at the end of February, which means that the average price for a home in this area is up 33.7% from the January 2000 starting...Read the rest of this entry »