Eight months of good news for housing in the greater Portland area! The trend of good news continues in our local housing markets. What exactly is improving? 1. Volume The number of buyers in the marketplace who are searching and buying in a wide, balanced, range of pricing shows promise of breaking up the log-jam of [...]

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View and download the full Market Action Report March 2012 Summary of the Portland metropolitan market: Pending sales are up 12.8% over last March; 7.7% up from February, and year-to-date pending sales are up 18.2% over 2011. Closed sales are up 4.9% over last March; 34.2% up from February, and year-to-date pending sales are up 12.2% [...]

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February 2012 Market Action Report We have the latest analysis from the Regional Multiple Listing Service covering the greater Portland markets, including all of Yamhill County. I am glad to report that this is the 6th month of good news which also reflects our experience working with buyers and sellers. While still below historic ‘normal’ [...]

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There is much good news in the Market Action Report for the Portland metropolitan area for January 2012: Home Sales Report for Yamhill County – January 2012 Market Action Report for January 2012 1. Inventory is low and has been declining for most of last year. There are mixed reasons for this (not out of the woods yet) [...]

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View the full analysis of July’s real estate market performance in the Market Action Report for July 2011 (this includes Yamhill County, Oregon). The first news is good news. On the last page of the report you will see the quarterly Affordability Index. Since this amalgamation of favorable indicators for buying real estate was developed in 2003 [...]

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View the full analysis of June’s real estate market performance in the June 2011 Portland Metro Market Action report (this includes Yamhill County, Oregon). Randy McCreith, Principal Broker There are some bright spots in the market right now. Real estate sales now include a broader range of pricing, not just the low-end properties. For the first [...]

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By now everyone has heard that 2011 is not a good year for real estate sales! It is not a good year for the economy, the unemployment rate, or for consumer confidaence. New construction remains a dead industry the likes of which have not been seen since the Depression. Speaking of the Depression, recently I [...]

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View the full April 2011 Portland Metro Market Conditions Report with all graphs. Sales professionals are by nature optimistic; they have to be! After four years of a housing depression, those who remain in the industry are either insane or are buoyed by their internal optimism. “Improvement is just around the corner” is what drives us and [...]

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View the full Portland Metro Market Conditions Report with all graphs. Randy McCreith, Principal Broker Market Conditions… When comparing early 2011 with early 2010 we have to remember the 2010 numbers were inflated by the tax credit which expired at the end of April. In hindsight, virtually all of the first time home buyers last year [...]

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Our friends over at First American Title & Escrow provide us with weekly reports about the properties that are selling (or not selling) in Yamhill County. You can view the specific data for each town in Yamhill County on the Bella Casa website here: http://www.thebellacasagroup.com/Sell/Yamhill_County_Market_Statistics_and_Home_Trends.html Every week we publish these reports for Amity, Carlton, Dayton, [...]

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