The West Linn real estate market finished January with 34 closed sales which is down from the 40 & 46 closed sales in December and November respectively. Of the 34 closed sales in January, 13 were distressed properties (foreclosures/short sales) representing 38% of the closed sales for the month. As of the end of January, distressed properties accounted for 26% of the active listing inventory. There were 5 closed sales of homes valued over...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 December 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 132.8 at the end of December, which means that the average price for a home in this area is up 32.8% from the...Read the rest of this entry »

The Lake Oswego real estate market finished January with 42 closed sales, which is down from the 71 & 55 closed sales recorded during the prior months of December and November respectively. Of the 42 closed sales in January, 12 were distressed properties (foreclosures/short sales) representing 29% of the closed sales for the month. As of the end of January, distressed properties accounted for 23% of the active listing inventory. There were 10 closed...Read the rest of this entry »

The Hillsboro real estate market finished January with 67 closed sales, which is down from the 78 & 93 closed sales recorded in the prior months of December and November respectively. Of the 67 closed sales in January, 34 were distressed properties (foreclosures/short sales) representing 51% of the closed sales for the month. As of the end of January, distressed properties accounted for 46% of the active listing inventory. There was 1 closed sale...Read the rest of this entry »

The Beaverton real estate market finished January with 119 closed sales, which is down considerably from the 182 & 172 closed sales recorded during the prior months of December and November respectively. Of the 119 closed sales in January, 63 were distressed properties (foreclosures/short sales) representing 53% of the closed sales for the month. As of the end of January, distressed properties accounted for 47% of the active listing inventory. There was 3 closed...Read the rest of this entry »