Archive for January, 2011
Oregon City Real Estate Market Update-January 2011
The real estate market in Oregon City saw an increase in closed sales (37) during December vs 21 sales in November. There were only 5 closed sales of homes valued $500K or more over the period of October – December. The inventory level remains high in all price brackets with the lowest in the under $250K bracket at [...]
… Read MoreHappy Valley Real Estate Market Update-January 2011
The real estate market in Happy Valley saw an increase in closed sales (36) during December vs 28 sales in November. There were 8 closed sales of homes valued $500K or more over the period of October – December. The inventory level remains high in all price brackets with the lowest in the under $250K bracket at 8.4 [...]
… Read MoreHillsboro Real Estate Market Update-January 2011
The real estate market in Hillsboro saw an increase in closed sales (75) during December vs 58 sales in October and November. There has been 6 closed sales of homes valued $500K or more over the period of October – December. The inventory level has been lowest in the $250-500K price bracket at 5.5 months and [...]
… Read MoreLake Oswego Real Estate Market Update-January 2011
The real estate market in Lake Oswego has seen steadily decreasing sales activity over the past three months. There were 9 sales in December valued at over $750,000 which was up from 5 sales for both October & November. The inventory levels increase as you move up the price brackets and are around 10.2 months worth in total. [...]
… Read MoreBeaverton Real Estate Market Update-January 2011
The real estate market in Beaverton has seen steadily increasing sales activity over the past three months. Only seven properties valued at over $500,000 have sold between last October – December. The inventory levels increase as you move up the price brackets and is around 8.4 months worth in total. Median and average sale prices have [...]
… Read MoreSherwood Real Estate Market Update-January 2011
The real estate market in Sherwood has been relatively slow over the past few months punctuated with only 18 homes being sold in December. Only two properties valued at over $500,000 have sold between last October – December. The inventory levels are more in balance though in the lower price brackets with around 6 to [...]
… Read MoreTenants: How Not To Be Scammed In This Chaotic Real Estate Market
Potential victims of the foreclosure crisis are tenants. As a tenant you need to beware of impostor landlords offering to rent abandoned homes. Protecting yourself from this type of fraud is fairly simple – making a call to the county recorder’s office is fast way to check on the property’s ownership and verify the claims [...]
… Read MoreGot Wallpaper?
Wallpaper. To most of us in the Pacific NW this is a nasty word. You tell your friends you just found a great house but its got wallpaper. Groans all around. In other parts of the country, wallpaper still holds an honored place in the world of decorating but clean and simple rule the interior landscape [...]
… Read MoreTen Reasons Why The Portland Suburbs Are Hot
Living in the heart of the city has countless benefits which are often waxed about poetically by lover’s of all things Portland. Much overlooked are the surrounding suburbs which make up more than half of the Portland Metropolitan area. So why do we never hear about how terrific life can be in a ‘burb? Well without taking [...]
… Read More2.8 Million Homes Receive Foreclosure Filings In 2010
On January 13, 2011, RealtyTrac reported that 2,871,891 homes received foreclosure filings in 2010. According to their findings this is an increase of 2% from 2009 and 23% from 2009. RealtyTrac also posted findings that default notices in December were the lowest monthly total since June 2008, down by 35% from December 2009. In fact [...]
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