The West Linn real estate market finished July with 33 closed sales, compared to 39 and 40 closed sales in June and May respectively.  Of the 33 closed sales in July, 9 were distressed properties (foreclosures/short sales) representing 27% of the closed sales for the month.  As of the end of July, distressed properties accounted for 23% of the active listing inventory.  There were 9 closed sales of homes valued over $500K...Read the rest of this entry »

The widely watched Case-Shiller home price index published monthly by Standard & Poor’s was released today for the month ending June 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 134.5 at the end of June, which means that the average price for a home in this area is up 34.5% from the...Read the rest of this entry »

The Lake Oswego real estate market finished July with 61 closed sales, compared to 71 and 63 closed sales recorded during June and May respectively.  Of the 61 closed sales in July, 14 were distressed properties (foreclosures/short sales) representing 23% of the closed sales for the month.  As of the end of July, distressed properties accounted for 15% of the active listing inventory.  There were 28 closed sales of homes valued at $500K...Read the rest of this entry »

The Hillsboro real estate market finished July with 85 closed sales, which is down from the 97 closed sales recorded during June.  Of the 85 closed sales in July, 25 were distressed properties (foreclosures/short sales) representing 29% of the closed sales for the month.  As of the end of July, distressed properties accounted for 39% of the active listing inventory.  There were 2 closed sales of homes valued at $500K or more during...Read the rest of this entry »

The Beaverton real estate market finished July with 146 closed sales, which is down from the 213 and 171 closed sales recorded during June and May respectively.  Of the 146 closed sales in July, 44 were distressed properties (foreclosures/short sales) representing 30% of the closed sales for the month.  As of the end of July, distressed properties accounted for 35% of the active listing inventory.  There were 3 closed sales of homes valued at $500K...Read the rest of this entry »