RMLS Market Action Recap – September 2009

Residential real estate sales tick up in several areas, inventory down

This month’s RMLS™ Market Action report showed a trend of increasing real estate sales & subsequently lower housing inventory in many areas of Oregon & Southwest Washington.

Sales Activity:

Closed sales rose in the following areas this month, compared to the same month in 2008:

Area Closed Sales
Curry County, Oregon 100%
Columbia Basin, Oregon 36.6%
Lane  County, Oregon 23.2%
Clark County, Washington 20.2%
Portland Metro, Oregon 9.8%

Third Quarter Sales Up:

September marked the end of the third quarter and compared to Q3 in 2008, Coos County, Curry County, Douglas County, Lane County, Portland and Clark County all saw sales outpace Q3 in 2008. Clark County led the pack at a clip of 18.7%.

Inventory:

Ten of eleven areas that we cover in the Market Action report saw housing inventory drop from August.  This can be attributed to rising sales in several areas and as we head into the slower fall & winter seasons, fewer homes are being listed as well.

Both the Portland and Clark County areas saw inventory drop to 7.6 months. Lane County has the lowest inventory of the areas we cover at 6.8 months.

Supra Lockbox Activity – Updated Through Week of Sept. 28 – Oct. 4

Supra Lockbox Activity – Updated Through Week of Sept. 28 – Oct. 4

Real estate showing activity up in Oregon & Washington

When comparing the week of September 28 – October 4 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox increased 1.9% in Washington and 3.4% in Oregon.


Click the chart for a larger view (Washington, left; Oregon, right)

Archive
View an archive of the Supra lockbox statistical reports on Flickr.

Wrap-Up: RMLS™ Fall Education Summit & Trade Fair

Wrap-Up: RMLS™ Fall Education Summit & Trade Fair

Eastern Oregon & Washington agents enjoy day of education & networking

We just finished up with our Fall Education Summit & Trade Fair, held in Pendleton, Oregon this year.  About 120 agents joined us for free core education opportunities & a chance to see new products and services offered by exhibitors.  This is the first time we’ve done a show in Eastern Oregon & we really enjoyed seeing some new & familiar faces!

Pendleton Show

Matt Farmer of the Oregon Association of Realtors spoke on distressed properties, which remains a  hot topic these days. In fact, First American CoreLogic just reported that the foreclosure rate was still rising in August, as it reached 1.8% in Oregon.

Dian Lane with Prudential NW Properties presented on several topics specific to Washington real estate, giving the Washington agents that joined us an opportunity to earn core credit hours.

And finally we had an interesting panel discussion on critical groundwater & water rights, which  seems to be an increasingly important topic here in Eastern Oregon.

Thank you to all of you who joined us – we hope you found the information beneficial!

Thanks also to all of the presenters & exhibitors that participated – we couldn’t have done it without you!

Specifically,  thanks to: American West Bank, Bear Printing, Director’s Mortgage, Eastern Oregon Real Estate and Homebuilders Guide, Fair Housing Council of Oregon GE Security,  Oregon Real Estate Forms, LLC,  Superior Schools,  Scent Synergy, Suncatcher Studios and Fine Crafts, Top Producer Systems, US Cellular, Wells Fargo Home Mortgage; and Matt Farmer & the Oregon Association of Realtors; Dian Lane; Teresa Walchli, Umatilla County Soil & Water Conservation District; J.R. Cook, City of Umatilla; Ken Diebel, Oregon Department of Agriculture, Natural Resources Division and the wonderful staff at Wildhorse Resort & Casino!

Now it’s time to start thinking about the 2010 RMLS Trade Fair in Portland – it’s scheduled for April 1. Look forward to more great educational opportunities and some great exhibitors!

Wrap-Up: RMLS™ Fall Education Summit & Trade Fair

Wrap-Up: RMLS™ Fall Education Summit & Trade Fair

Eastern Oregon & Washington agents enjoy day of education & networking

We just finished up with our Fall Education Summit & Trade Fair, held in Pendleton, Oregon this year.  About 120 agents joined us for free core education opportunities & a chance to see new products and services offered by exhibitors.  This is the first time we’ve done a show in Eastern Oregon & we really enjoyed seeing some new & familiar faces!

Pendleton Show

Matt Farmer of the Oregon Association of Realtors spoke on distressed properties, which remains a  hot topic these days. In fact, First American CoreLogic just reported that the foreclosure rate was still rising in August, as it reached 1.8% in Oregon.

Dian Lane with Prudential NW Properties presented on several topics specific to Washington real estate, giving the Washington agents that joined us an opportunity to earn core credit hours.

And finally we had an interesting panel discussion on critical groundwater & water rights, which  seems to be an increasingly important topic here in Eastern Oregon.

Thank you to all of you who joined us – we hope you found the information beneficial!

Thanks also to all of the presenters & exhibitors that participated – we couldn’t have done it without you!

Specifically,  thanks to: American West Bank, Bear Printing, Director’s Mortgage, Eastern Oregon Real Estate and Homebuilders Guide, Fair Housing Council of Oregon GE Security,  Oregon Real Estate Forms, LLC,  Superior Schools,  Scent Synergy, Suncatcher Studios and Fine Crafts, Top Producer Systems, US Cellular, Wells Fargo Home Mortgage; and Matt Farmer & the Oregon Association of Realtors; Dian Lane; Teresa Walchli, Umatilla County Soil & Water Conservation District; J.R. Cook, City of Umatilla; Ken Diebel, Oregon Department of Agriculture, Natural Resources Division and the wonderful staff at Wildhorse Resort & Casino!

Now it’s time to start thinking about the 2010 RMLS Trade Fair in Portland – it’s scheduled for April 1. Look forward to more great educational opportunities and some great exhibitors!

Wrap-Up: RMLS™ Fall Education Summit & Trade Fair

Wrap-Up: RMLS™ Fall Education Summit & Trade Fair

Eastern Oregon & Washington agents enjoy day of education & networking

We just finished up with our Fall Education Summit & Trade Fair, held in Pendleton, Oregon this year.  About 120 agents joined us for free core education opportunities & a chance to see new products and services offered by exhibitors.  This is the first time we’ve done a show in Eastern Oregon & we really enjoyed seeing some new & familiar faces!

Pendleton Show

Matt Farmer of the Oregon Association of Realtors spoke on distressed properties, which remains a  hot topic these days. In fact, First American CoreLogic just reported that the foreclosure rate was still rising in August, as it reached 1.8% in Oregon.

Dian Lane with Prudential NW Properties presented on several topics specific to Washington real estate, giving the Washington agents that joined us an opportunity to earn core credit hours.

And finally we had an interesting panel discussion on critical groundwater & water rights, which  seems to be an increasingly important topic here in Eastern Oregon.

Thank you to all of you who joined us – we hope you found the information beneficial!

Thanks also to all of the presenters & exhibitors that participated – we couldn’t have done it without you!

Specifically,  thanks to: American West Bank, Bear Printing, Director’s Mortgage, Eastern Oregon Real Estate and Homebuilders Guide, Fair Housing Council of Oregon GE Security,  Oregon Real Estate Forms, LLC,  Superior Schools,  Scent Synergy, Suncatcher Studios and Fine Crafts, Top Producer Systems, US Cellular, Wells Fargo Home Mortgage; and Matt Farmer & the Oregon Association of Realtors; Dian Lane; Teresa Walchli, Umatilla County Soil & Water Conservation District; J.R. Cook, City of Umatilla; Ken Diebel, Oregon Department of Agriculture, Natural Resources Division and the wonderful staff at Wildhorse Resort & Casino!

Now it’s time to start thinking about the 2010 RMLS Trade Fair in Portland – it’s scheduled for April 1. Look forward to more great educational opportunities and some great exhibitors!