MARKET NEWS & LATEST BLOG POSTS

Last week, when Portland mortgage rates began to rise abruptly, you’d have to say that it was actually a double-barreled surprise. In addition to the sudden blip up on the mortgage rate charts, there was the second shocker: that so many expert observers were taken by surprise. Even though the actual rise in mortgage rates was what Zillow’s chief economist called “a relatively modest” increase, it prompted The New York […] Read More »
Hillsboro Real Estate Market Update - November 2016
The Hillsboro real estate market finished October with 143 closed sales, which is down from the 152 & 165 closed sales recorded in the prior months of August and September respectively. Of the 143 closed sales in October, 2 were distressed properties (foreclosures/short sales) representing 1% of the closed sales for the month. As of the end of October, distressed properties accounted for 5% of the active listing inventory. There […] Read More »
Beaverton Real Estate Market Update - November 2016
The Beaverton real estate market finished October with 272 closed sales, which is down from the 339 & 305 closed sales recorded during the prior months of August and September respectively. Of the 272 closed sales in October, 11 were distressed properties (foreclosures/short sales) representing 4% of the closed sales for the month. As of the end of October, distressed properties accounted for 8.5% of the active listing inventory. There […] Read More »
SE Portland Real Estate Market Update - November 2016
The SE Portland real estate market finished October with 314 closed sales, which is down from the 366 & 325 closed sales recorded in the prior months of August and September respectively. Of the 314 closed sales in October, 11 were distressed properties (foreclosures/short sales) representing 4% of the closed sales for the month. As of the end of October, distressed properties accounted for 9% of the active listing inventory. […] Read More »
NE Portland Real Estate Market Update - November 2016
The NE Portland real estate market finished October with 230 closed sales, which is down from the 261 & 266 closed sales recorded during the prior months of August and September respectively. Of the 230 closed sales in October, 6 were distressed properties (foreclosures/short sales) representing 3% of the closed sales for the month.  As of the end of October, distressed properties accounted for 10% of the active listing inventory. […] Read More »
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