June 2009 RMLS Market Action Shows Positive Activity in Several Areas in Oregon & Southern Washington

June 2009 RMLS Market Action Shows Positive Activity in Several Areas in Oregon & Southern Washington

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.

Alleged Foreign Phone Number Scam Targets Real Estate Agents

Alleged Foreign Phone Number Scam Targets Real Estate Agents

We’ve received reports of an alleged scam targeted at real estate agents. In this particular case, an e-mail is sent to the agent & the sender says that they want to schedule a showing, but that they want the agent to call them at their foreign phone number because they are only checking e-mail periodically.

Research clients that raise an alarm before picking up the phone.

Before you pick up the phone, do some research if an unsolicited client approaches you directly. Image courtesy of Steve Zazeski.

It appears that the phone number is a “premium-rate number”, where the dialer of the number is charged for the phone call, while the owner of the number receives a payment for each call that is made. Needless to say, the potential client is non-existent.

Please be wary of any new contacts that approach you and verify as much information about them as possible. Report any similar incidents to Kelly McKenna at kelly.m@rmls.com .

*Tip: If you ever find an e-mail or phone call suspicious, try entering information or a phrase about the scam (or directly from the e-mail). Victims, or near victims of scams will often post their experiences on the Internet so others won’t fall victim.

Supra Lockbox Activity through July 5: Down Over Holiday Weekend

Supra Lockbox Activity through July 5: Down Over Holiday Weekend

Far fewer lockboxes were accessed over the 4th of July weekend than on a typical Saturday or Sunday. Therefore, comparing June 22, 2009 through July 5, 2009 the number of times RMLS™ subscribers opened Supra lockboxes decreased 21.4% in Washington and 21.9% in Oregon.


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

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

July Real Estate Events and Education

July Real Estate Events and Education

Here’s a quick rundown of upcoming Realtor® events & education in our service areas for July. 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.  

July 16: OAR (Oregon Association of Realtors) hosts Dealing with Foreclosure Consultants – webinar

July 23: PMAR (Portland Metropolitan Assocition of Realtors) hosts Short Sales and Foreclosure: An Accredited Buyer Representative (ABR) Course

July 23: CCAR (Clark Co. Association of Realtors) hosts its 28th Annual Golf Tournament

July 23: EAR (Eugene Association of Realtors) hosts Membership Luncheon, featured speaker is Lennox Scott, CEO John L. Scott

July 23: SAR (Salem Association of Realtors) – SAR Night at Volconoes Baseball 

July 24: CCAR hosts Realtor Foundation Texas Hold’em Tournament & Casino Night

July 29: OAR  hosts Internet Marketing Skills – webinar (free)

July 30: OAR hosts Dealing with REO Properties – webinar

July 30: EAR hosts Stock the Pantry, a benefit for Food for Lane County

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 July Training Calendar:

Coos County
Eastern Oregon
Eugene
Gresham
Hood River
Portland
Roseburg
Salem
Vancouver

Image courtesy of Ayhan Yildiz