The widely watched Case-Shiller home price index published monthly by Standard & Poor’s was released today for the month ending March 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 132.7 at the end of March, which means that the average price for a home in this area is up 32.7% from the...Read the rest of this entry »

The real estate market in West Linn Oregon finished April with 32 closed sales, compared to 31 and 23 closed sales in March and February respectively.  Of the 32 closed sales in April, 12 were distressed properties (foreclosures/short sales) representing 38% of the closed sales for the month.  As of the end of April, distressed properties accounted for 22% of the active listing inventory.  There were 7 closed sales of homes valued over $500K...Read the rest of this entry »

The real estate market in Lake Oswego Oregon finished April with 59 closed sales, compared to the 58 and 41 closed sales recorded during March and February respectively.  Of the 59 closed sales in April, 14 were distressed properties (foreclosures/short sales) representing 24% of the closed sales for the month.  As of the end of April, distressed properties accounted for 17% of the active listing inventory.  There were 21 closed sales of...Read the rest of this entry »

The real estate market in Hillsboro Oregon finished April with 73 closed sales, which is between the 93 and 48 closed sales recorded during March and February respectively.  Of the 73 closed sales in April, 36 were distressed properties (foreclosures/short sales) representing 49% of the closed sales for the month.  As of the end of April, distressed properties accounted for 37% of the active listing inventory. The inventory level is lowest in...Read the rest of this entry »

The real estate market in Beaverton Oregon finished April with 168 closed sales, which is up over the 161 and 115 closed sales recorded during March and February respectively.  Of the 168 closed sales in April, 59 were distressed properties (foreclosures/short sales) representing 35% of the closed sales for the month.  As of the end of April, distressed properties accounted for 36% of the active listing inventory.  There were 3 closed sales...Read the rest of this entry »