![Residential Distressed Properties for January – March 2012]()
by RMLS Communication Department | May 3, 2012 | Industry News, Market Trends, Statistics
This chart shows the number of Bank Owned and Short Sales in all areas of the RMLS™ system during the first quarter of 2012. To download or print the chart, click here.
Below are links to additional charts for some of our larger areas*:
Portland Metro
Clark County, WA
Lane County, OR
Douglas County, OR
*If you want information on percentages of distressed residential sales in other areas not represented by our charts, please contact us at communications@rmls.com.
Here are some additional facts about distressed residential properties in the first quarter of 2012:
All Areas when comparing percentage share of the market 1st quarter of 2011 to 1st quarter of 2012
- When comparing the first quarter of 2011 to 2012, distressed sales as a percentage of new listings decreased by 0.6% (29.5% v. 28.9%).
- In a comparison of the first quarter of 2011 with the same period in 2012, distressed sales as a percentage of closed sales decreased by 2.0% (40.9% v. 38.9%).
- Short Sales comprised 15.0% of new listings and 13.0% of sales in 2012, down 0.2% and up 2.7% from first quarter 2011, respectively.
- Bank Owned properties comprised 13.9% of new listings and 25.9% of sales in first quarter 2012, down 0.4% and up 4.7% from 1first quarter 2011, respectively.
Portland Metro when comparing percentage share of the market 1st quarter of 2011 to 1st quarter of 2012
- When comparing the first quarter of 2011 to 20112 distressed sales as a percentage of new listings decreased by 0.5% (31.5% v. 31.0%).
- In a comparison of the first quarter of 2011 with the same period in 2012, distressed sales as a percentage of closed sales decreased by 2.5% (41.7% v. 39.2%).
- Short Sales comprised 16.1% of new listings and was down 0.2% from 2011. However, the percentage of sales rose from 9.9% in 2011 to 13.5% in 2012, a 3.6% rise.
- Bank Owned properties comprised 14.9% of new listings and 25.7% of sales in first quarter 2012, down 0.3% and 6.1% from 2011, respectively.
Clark County when comparing percentage share of the market 1st quarter of 2011 to 1st quarter of 2012
- When comparing the first quarter of 2011 to 2012, distressed sales as a percentage of new listings decreased by 4.6% (39.7% v. 35.1%).
- In a comparison of the first quarter of 2011 with the same period in 2012, distressed sales as a percentage of closed sales increased by 0.3% (47.8% v. 48.1%).
- Short Sales comprised 23.8% of new listings and was down 0.6% from 2011. However, the percentage of sales rose from 17.1% in 2011 to 20.4% in 2012, a 3.3% rise.
- Bank Owned properties comprised 11.3% of new listings and 27.7% of sales in 2012, down 4.0% and 3.0% from 2011, respectively.
by RMLS Communication Department | May 1, 2012 | Events
The Portland Office Has Moved–Our new address is 8338 NE Alderwood Road, Suite 230, Portland, OR 97220.
Here’s a quick rundown of upcoming real estate events and education for May in Oregon and Southern Washington. If you have an event that is not listed here, please let us know by commenting below.
Events around the region:
May 3: YPN: True Confessions of a Top Producing Agent 4:00 p.m. – 6:00 p.m.
Vie de Boheme PMAR’s first Young Professionals Network event. More information
May 4: NAR Ethics Course 8:30 a.m.-11:30 a.m. 3 CE
This course meets the National Association of REALTORS® requirement that all REALTORS® must complete at least 2.5 hours of Code of Ethics training every quadrennial period (1/1/09-12/31/12) in order to maintain their REALTOR® membership status. Hosted by CCAR. More information
May 16: Navigating the Realtor® Code of Ethics: PMAR Ethics Training Seminar 9:30a.m. – 12:00 p.m.
All Realtors® are required by the National Association of Realtors® to complete ethics training every four years. Hosted by PMAR. More information
May 21: Get Connected: Beyond E-mail & Facebook $39 1:30 p.m.-4:30 p.m. 3 CE
Step by Step to the Networks: Facebook, LinkedIn & YouTube –Build your Brand Scaffolding. Hosted by CCAR. More information
This May, take advantage of FREE RMLSweb training!
If you are an RMLS™ subscriber, we have lots of FREE educational opportunities at a location near you; click the link for your area to view the March Training Calendar:
-Coos County
-Eastern Oregon
-Eugene
-Gresham
-Hood River
-Portland
-Roseburg
-Salem
-Vancouver
Photo Credit
![Residential Distressed Properties for January – March 2012]()
by RMLS Communication Department | Apr 30, 2012 | Lockbox, Statistics
This Week’s Lockbox Activity Decreases for Washington and Oregon
When comparing the week of April 16 – April 22 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox decreased 4.4% in Washington and 6.1% in Oregon.
![Residential Distressed Properties for January – March 2012]()
by RMLS Communication Department | Apr 27, 2012 | Statistics
The chart below shows the number of Bank Owned and Short Sales in all areas of the RMLS™ system during 2011. To download or print this chart, click here.
All Areas when comparing percentage share of the market 2010 to 2011
- Comparing 2010 to 2011 distressed sales as a percentage of closed sales increased from 29.3% to 33.5%
- New listings dropped from 78,903 to 61,980 which is a 21.4% decrease
- Short sales comprised 13.9% of new listings and 10.7% of sold listings in 2011, up 2.1% and 1.8% from 2010 respectively as a percentage of the market.
- Bank owned properties comprised 13.1% of new listings and 22.8% of sales in 2011, rising slightly from 12.3% and 20.4% respectively in 2010.
Portland Metro when comparing percentage share of the market 2010 to 2011
- Comparing 2010 to 2011 distressed sales as a percentage of closed sales increased from 29.0% to 33.1%
- New listings dropped from 45,907 to 33,940 which is a 26.1% decrease
- Short sales comprised 15.3% of new listings and 10.8% of sold listings in 2011, up 3.0% and 2.5% from 2011 respectively as a percentage of the market.
- Bank owned properties comprised 13.4% of new listings and 22.3% of sales in 2011, rising slightly from 12.6% and 20.7% respectively in 2010.
Clark County when comparing percentage share of the market 2010 to 2011
- Comparing 2010 to 2011 distressed sales as a percentage of closed sales increased from 35.2% to 43.2%
- New listings dropped from 9,774 to 8,643 which is a 11.6% decrease
- Short sales comprised 21.0% of new listings and 16.4% of sold listings in 2011, down .6% and up .4% from 2010 respectively as a percentage of the market.
- Bank owned properties comprised 15.9% of new listings and 26.8% of sales in 2011, increasing from 11.7% and 18.4% respectively in 2010.
Below are links to additional charts for some of our larger areas*:
Portland Metro
Clark County, WA
Lane County, OR
Douglas County, OR
*If you want information on percentages of distressed sales in other areas not represented by our charts, please contact us at communications@rmls.com.
by RMLS Communication Department | Apr 25, 2012 | Events, RMLS News
The boxes are unpacked, the pictures are on the wall, we are settling in. . .now all we need is YOU to come visit our new Portland location!
RMLS™ is having an open house on Tuesday, May 1 from 10 AM to 3 PM. Stop by and grab a pastry or cookie, have a cup of coffee and say hello to our staff.
We would love to meet you, so please come visit us!
Directions to our new location.
