by RMLS Communication Department | Aug 13, 2009 | Clark County, Coos County, Curry County, Douglas County, Lane County, Market Trends, Oregon Real Estate, Portland, Statistics, Union County, Washington Real Estate
We released the latest Market Action reports to RMLS™ subscribers yesterday. Many areas of Oregon and Southwest Washington are showing improvement as far as sales and inventory go – here are a few highlights:
Portland Metro Active Listings: Note how the 2009 line is basically flat.
Inventory: Inventory is showing steady improvement in Portland (7.3 months), Clark County (7.3 months), and Lane County (6.2 months). In most circles, 6 months of supply is considered a balanced market. The drop in inventory comes thanks to strong closed sales, but also because the number of active listings is growing at a much slower pace than usual.
Closed sales: The Portland metro area was finally able to post a gain in same-month closed sales for the first time since April 2007. Closed sales were up 8.6% compared to last July. Clark County posted a gain for the second straight month – closed sales were up 23.5% there. Lane County also posted an 11% gain. Baker County, Curry County, Douglas County, and the Mid-Columbia region also saw growth.
Clark Co. Pending Sales: Oh, so close to reaching July 2007 levels.
Pending sales: Same-month pending sales in Clark County grew for the fourth month in a row at 30.3%. In fact, Clark County pending sales not only surpassed July 2008 levels, but they came close to hitting July 2007 levels. With the exception of the Mid-Columbia region and Union County, same-month pending sales grew in all of our primary service areas.
by RMLS Communication Department | Aug 5, 2009 | Clark County, Coos County, Douglas County, Events, Lane County, Oregon Real Estate, Portland, Salem, Washington Real Estate
Here’s a quick rundown of upcoming Realtor® events & education for August in Oregon & Southern Washington. If you have an event that is not listed here, please let us know by commenting below. For future events, please send an e-mail to communications (at) rmls (dot) com.
– August 5:Realtor Day at NW Natural Street of Dreams – noon to 8 p.m.
– August 12: CCAR hosts Get Connected: Expose Yourself to Social Networking
– August 13: OAR hosts What’s going on with Short Sales (web seminar)
– August 13: Oregon CRS – CRS 205: Financing Course in Ashland, Oregon
– August 19: CCAR hosts Washington State Housing Finance Commission
– August 19: Douglas County Board of Realtors Membership Meeting – Speaker, Gene Bentley, Oregon Real Estate Agency Commissioner
– August 21: Southern Oregon Women’s Council of Realtors hosts – Qualifying for a FHA/VA Loan
Also, if you’re an RMLS™ subscriber, we have lots of FREE opportunities for continuing education credit at a location near you, click the link for your area to view the August Training Calendar:
– Coos County
– Eastern Oregon
– Eugene
– Florence
– Gresham
– Portland
– Roseburg
– Salem
– Vancouver
Image courtesy of Ayhan Yildiz
by RMLS Communication Department | Jul 16, 2009 | Clark County, Coos County, Curry County, Douglas County, Lane County, Market Trends, Oregon Real Estate, Portland, Statistics, Union County, Washington Real Estate
The latest issue of the RMLS™ Market Action for June 2009 shows increases in accepted offers, closed sales and a decrease in inventory in several regions.
Accepted Offers
The five county Portland Metro Area saw a month-over-month increase in pending sales (8.4% comparing June 2009 with June 2008) for the first time since December 2006. Pending sales also increased for the third month in a row in Clark County, Washington. The following regions also saw an increase in pending listings in June 2009: Coos, Curry, Douglas, Lane, Mid-Columbia and Union.
Closed Sales
Closed sales in Clark County increased14.8% comparing June 2009 with June 2008. This is the first increase since September 2008.
The following regions also experienced increases in closed sales: Columbia Basin, Curry, Douglas and Mid-Columbia.
Inventory
Inventory in all three of our largest service areas (Portland Metro, Clark County and Lane County) dipped to the lowest it’s been since August 2007. In addition, the following counties experienced drops in inventory from the previous month: Columbia Basin, Coos, Curry and Douglas.
