sold sign

 CNBC, Fox News & Chicago Tribune all had great stories recently about optimism in the Housing market.  This is truly great to hear.  It’s not that there hasn’t been good housing stories to report, but that several sources are reporting how things are turning around and not beating negative stories into the ground. 

The Chicago Tribune story reads, “Reports from two major banks suggest housing market is on the mend.” It went on to read, “Wells Fargo issued 54% more mortgages than a year ago and took 84% more applications.”  The Fox News’ story reads, “US home-buying season finally signaling a recovery.”  and, “many people seem to have concluded that prices won't drop much further. In some areas, prices have begun to tick up.”  

Our local RMLS Market Action report shows that we are down to 5 months of inventory in the Portland Metroplex.  We haven’t seen inventory this low since June of 2007!  Some areas closer into the core of the city are experiencing inventories much lower.

This has been a long schlogg and it is exciting to see things turning up. 

 

 

 


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06/29/2010
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I think this a great post. Growing up here in the Northwest, the scenic beauty I have as a back drop everyday would be one of my responses. These are all great points to truly find out and uderstand what makes your area special, unique and… more
Happy Valley Townhome for sale, the "Firenze"
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Happy Valley Townhome for sale, the "Milano"
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5 To Dos Before Marketing Your Home
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Is your car exhaling into your home?
04/29/2010
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The Perfect Storm – Happy Valley
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Offgassing: No that wasn’t my home, it was you!
01/15/2010
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If You Don't Buy a House Now, You're Stupid or Broke
12/11/2009
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This was a great blog post about Marc Roth's article that I wanted to share. What Michele is impressing upon us is in concert with what we have been saying as well. The impact of the interest rate on your loan has a much greater influence on… more
Happy Valley: Isn’t normal ok? Considering the housing market.
12/06/2009
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Tony Marnella

Happy Valley, OR

More about me…

Marnella Homes, LLC

Address: 18318 SE Abernethy Lane, Milwaukie, OR, 97267

Office Phone: (503) 654-6642

Cell Phone: (503) 709-3900

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I bought my first home when I was 21 years old. Besides some bedroom furniture, I owned basically nothing. I remember being overwhelmed by the process and the weight of the responsibility. When I closed on the house and picked up the keys, I celebrated by enjoying a pizza and a beer sitting on the floor in the middle of my very own living room. I was so proud and excited to own a home of my own; something that was all mine. It was an experience I will never forget and one that influences what I do today. My background in Real Estate spans over 24 years and includes sales, restoration of historic homes, and construction and development. Over the years I have always tried to bring the same sense of pride and excitement to my customers that I felt as a first-time home buyer myself. And now as a builder, I strive to create beautiful homes and a home buying experience that is fun and easy. I am a lifelong resident of the northwest and understand the importance of a good name. From start to finish, my reputation is represented through our quality of craftsmanship, honorable dealings and attention to detail. And that is why I am involved in every aspect of Marnella Homes. My vision of the Marnella companies and the experience that I expect for our homeowners is what motivates me and every one of my team members.


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