RMLS has released the June 2009 Portland Metropolitan Market Action Report. There are some positive stats in the report that show we are headed towards a more balanced market. This June, same-month pending sales were up for the first time since December 2006 in the Portland Metro area, and inventory reached its lowest point (8.2 months) since August 2007. Remember most analyst believe a balanced market is somewhere between 4-7 months worth of inventory depending on whether prices are appreciating or depreciating.
Tag Archives: Industry News
Adapting to Buyer and Seller Trends
July 9, 2009
Every business owner must know the source of their business and trends being set by the consumers using their products and services. Each quarter my company uses client survey response data to compile a source of business report. This data is compiled by a neutral third party company named Quality Service Certified (QSC). We use [...]
Market Reports – June
July 1, 2009
I’ve added a new Market Reports page to my blog that will allow my team and any subscribers to see how our local real estate market is performing on a monthly basis. The reports I issue will be compiled from the Regional Multiple Listing Service (RMLS) and will include information on the Portland Metro Area, [...]
NAR’s Pacific Northwest Real Estate & Economic Outlook for 2009-2010
June 25, 2009
Join us as we speak with Gregg Stratton, Research Economist from the office of Dr. Lawrence Yun at the National Association of Realtors (NAR). Gregg will provide an expert assessment of the current real estate market and the economic trends that will shape the balance of 2009 and 2010. Join us for one hour on [...]
NAR: Existing-Home Sale Continue to Rise
June 23, 2009
This morning there is positive and important news from the National Association of Realtors. I’ve decided to start including a few action steps at the end of industry news articles. These action steps will help you incorporate the article into your high gain activities for the week. – Coach Dan Sales of existing homes showed [...]










July 15, 2009
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