MARKET NEWS & LATEST BLOG POSTS

Portland Metro Area Real Estate Market Update - March 2017
Our local multiple listing service (RMLS) released their real estate market statistics for February covering the Portland metro area. Based on the latest data the market continues to be a sellers market. Inventory remains in short supply with only 1.9 months worth. It is up slightly from last month as well as from last February 2016 when 1.8 months was recorded. Comparing market activity to a year ago, pending sales […] Read More »
Canby Real Estate Market Update - March 2017
The Canby real estate market finished January with 24 closed sales which is down from the 34 & 27 closed sales recorded during the prior months of November and December respectively. Of the 24 closed sales in January, 1 was a distressed property (foreclosures/short sales) representing 4% of the closed sales for the month. As of the end of January, distressed properties accounted for 6% of the active listing inventory. […] Read More »
Newberg Real Estate Market Update - March 2017
The Newberg real estate market finished January with 33 closed sales which is down from 42 & 52 closed sales in the prior months of November and December respectively. Of the 33 closed sales in January, only 1 was a distressed property (foreclosures/short sales) representing 3% of the closed sales for the month. As of the end of January, distressed properties accounted for 5% of the active listing inventory. There […] Read More »
Milwaukie Real Estate Market Update - March 2017
The Milwaukie real estate market finished January with 53 closed sales, which is down from the 91 & 87 closed sales during the prior months of November and December respectively. Of the 53 closed sales in January, 3 were distressed properties (foreclosures/short sales) representing 6% of the closed sales for the month. As of the end of January, distressed properties accounted for 16% of the active listing inventory. There were 2 […] Read More »
Gresham Real Estate Market Update - March 2017
The Gresham real estate market finished January with 70 closed sales, which is down from the 98 & 117 recorded during the prior months of November and December respectively. Of the 70 closed sales in January, 5 were distressed properties (foreclosures/short sales) representing 7% of the closed sales for the month. As of the end of January, distressed properties accounted for 15% of the active listing inventory. There were 2 […] Read More »
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