The widely watched Case-Shiller home price index published monthly by Standard & Poor’s was released today for the month ending Sept. 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 136.1 at the end of September, which means that the average price for a home in this area is up 36.1% from the January...Read the rest of this entry »

Our local multiple listing service (RMLS) released their market statistics for October today. Overall, the number of active listings are down and sales activity is up from a year ago but down slightly from the prior month of September.  Home inventory ticked up slightly to 6.8 months worth in October. Comparing market activity to a year ago, pending and closed sales were up 15% and 14% respectively. The median sale price ($217,800) was down...Read the rest of this entry »

  STEAL OF A DEAL PRICED AT $83 PER SQUARE FOOT!! Motivated seller-NOT a short sale. This family home has 3 bedrooms on the main level & two upstairs including an oversized master with walk-in closet. Great backyard space with covered patio has many options. Newer Roof! David Douglas schools!       Listing Info: MLS# 11527872 SOLD Price: $149,000 5 Bedrooms / 2 Bath 1,800 SF 2 Car Garage   Photo...Read the rest of this entry »