by RMLS Communication Department | Sep 15, 2009 | Market Trends, Statistics
The latest edition of Market Action is now available to RMLS™ subscribers on RMLSweb. To view the latest reports, log on to RMLSweb and under the links section on the left side, there is a link that says “Latest Market Action” in red. A new window should open with all of the latest reports.
If you’re not an RMLS™ subscriber, but would like to see the latest Market Action report for your area, feel free to contact a Realtor® who is an RMLS™ subscriber and they can provide you with the report and further insight into local market conditions.
Stay tuned, as we will offer a few market highlights on the blog tomorrow!
by RMLS Communication Department | Sep 14, 2009 | Lockbox, Market Trends, Oregon Real Estate, Statistics, Washington Real Estate
Lockbox Activity Down Over Labor Day Weekend
It appears some house hunters took a break to get in that last camping trip or to prepare their kids for school. In Washington, the number of times RMLS™ subscribers opened Supra lockboxes was down 8% when comparing the week of August 24-30 to the week of August 31-September 6. In Oregon activity was also down 5.5%.
Click the chart for a larger view (Washington, top; Oregon, bottom)
Archive
View an archive of the Supra lockbox statistical reports on Flickr.
by RMLS Communication Department | Sep 8, 2009 | Lockbox, Market Trends, Oregon Real Estate, Statistics, Washington Real Estate
Washington Unchanged, Oregon Down Slightly
In Washington, the number of times RMLS™ subscribers opened Supra lockboxes was unchanged and in Oregon activity was down 1%. These stats reflect a comparison of the week of August 24-30 with the week of August 17-23.
Click the chart for a larger view (Washington, top; Oregon, bottom)
Archive
View an archive of the Supra lockbox statistical reports on Flickr.
by RMLS Communication Department | Aug 24, 2009 | Lockbox, Oregon Real Estate, Statistics, Washington Real Estate
Lockbox activity down slightly
After an increase last week, lockbox activity dipped slightly in the week of August 10-16 compared to the prior week. In Washington, the number of times RMLS™ subscribers opened Supra lockboxes decreased 3.4% and in Oregon activity was down 1.4%.
Click the chart for a larger view (Washington, top; Oregon, bottom)
Archive
View an archive of the Supra lockbox statistical reports on Flickr.
by RMLS Communication Department | Aug 24, 2009 | Homeownership, Market Trends, Oregon Real Estate, Portland, Statistics
There’s been some encouraging news lately in the RMLS™ market areas. The number of sales and pending sales are finally outpacing the totals from the same month in 2008. How much of it might be a result of the $8,000 first-time homebuyer tax credit, though?
I recently put together some statistics for the Oregonian on the Portland metro area, and thought I would share them with you.
There is no question that home sales in the lower-end of the market have seen a big jump this year. In 2007, homes priced between $0 and $249,999 only made up 35% of all sales in the Portland metro area. In 2009 so far, they make up 49.6% of the market.
As you’d expect, coinciding with the increase in lower-end homes is a drop in high-end homes. Homes priced $500,000 or above have dropped from 13.5% of the market in 2007, to just 8.2% of the market this year.
Click on the graph for a larger view
The question is: what will happen when the $8,000 tax credit expires on December 1?
I know the tax credit definitely got me off the fence & I can literally think of 15 of my friends and acquaintances (off the top of my head) who have bought or are actively looking to buy.
So in my humble opinion, there’s little doubt that the tax credit spurred people to buy. But as the deadline for the credit approaches, it should be interesting to see where sales go.
