There is much good news in the Market Action Report for the Portland metropolitan area 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) but one substantial reason is that sales volume is up and that trajectory has been… [Read More]
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… [Read More]
For 4 years we have endured the roughest housing market, and the toughest overall economy since the Depression of the 1930s. We have witnessed first-hand the suffering, fear, and frustration among those we love, those we work with, and those in our communities and our nation. We have analyzed, charted, and bemoaned this quite enough… [Read More]
Article by Matt Dornic HouseLogic.com If you’re worried about the future of home ownership in America, you have good reason. The nation’s economy is struggling. But it’s not just the rising unemployment rate (up to 9.2% in June 2011) that’s deferring home ownership for many. Some outlandish proposals on Capitol Hill are also weighing heavily on… [Read More]
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… [Read More]
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… [Read More]
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… [Read More]
These are the properties that have gone pending or sold this past week in Yamhill County. To view more Yamhill County market data please visit our website.