MARKET NEWS & LATEST BLOG POSTS

NW Portland Real Estate Market Update - February 2017
The NW Portland real estate market (which is comprised of the zip codes 97210, 97229 & 97231) finished January with 91 closed sales, which is down from the 135 & 136 closed sales recorded during the prior months of November and December respectively. Of the 91 closed sales in January, there were no distressed properties (foreclosures/short sales) representing 0% of the closed sales for the month. As of the end […] Read More »
Portland Real Estate Market Update - February 2017
The city of Portland real estate market finished January with 732 closed sales, which is down from the 973 & 1,019 closed sales recorded in the prior months of November and December respectively. Of the 732 closed sales in January, 28 were distressed properties (foreclosures/short sales) representing 4% of the closed sales for the month. As of the end of January, distressed properties accounted for 7% of the active listing […] Read More »
Portland Metro Area Real Estate Market Update - February 2017
Our local multiple listing service (RMLS) released their real estate market statistics for January 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 1.7 months worth. It is up from last month but down just slightly from last January 2016 when 1.8 months was recorded. Comparing market activity to a year ago, pending sales […] Read More »
Canby Real Estate Market Update - February 2017
The Canby real estate market finished December with 27 closed sales which is down from the 40 & 34 closed sales recorded during the prior months of October and November respectively. Of the 27 closed sales in December, none were distressed properties (foreclosures/short sales) representing 0% of the closed sales for the month. As of the end of December, distressed properties accounted for only 3% of the active listing inventory. […] Read More »
Newberg Real Estate Market Update - February 2017
The Newberg real estate market finished December with 52 closed sales which is up from 49 & 42 closed sales in the prior months of October and November respectively. Of the 52 closed sales in December, 4 were distressed properties (foreclosures/short sales) representing 8% of the closed sales for the month. As of the end of December, distressed properties accounted for 10% of the active listing inventory. There were 5 […] Read More »
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