Great Buyer's Market in Portland, OR - 02/20/08 03:07 PM
RMLS posted its newest stats on Friday and they were definitely different from the rest of the Fall and Winter.  We tend to see a natural slowing of the market because of the Winter and the Holidays, but we have seen a significant drop off in the market in the month of January.  RMLS reported an inventory of 12.8 months, as opposed to 8.3 last month.  This is the highest inventory since 2000.  At the current rate of sales it would take 12.8 months to sell out of the inventory on the market.  Average days on the market have also risen to … (0 comments)

Earth Advantage - 02/13/08 11:51 AM
On the sixth of February I started a 16 hour course with Earth Advantage to learn about Sustainable and "green" building.  At the end of the course I tested and was certified as an EA S.T.A.R agent.  S.T.A.R stands for Sustainability Training for Accredited Real Estate Professionals.  As one of only about 300 agents that are certified from this program I have the ability to highlight "green" characteristics on homes and explain the benefits that these amenities offer for both the environment and the wallet of the client.  Green and sustainable products are at the point where they are not only more affordable, but … (5 comments)

The Big Thaw? - 02/11/08 02:46 PM
Things are looking up my friends, at least for buyers.  If you looked at a newspaper this month you know that the Federal Reserve has made some cuts in the prime rate, looking to jump-start the economy and avoid a recession.  What does this mean for you?  It simply means that interest rates have dropped a bit and your money can go a bit further in the market.  It adds to the already great opportunity that we have right now in the market for buyers.  Inventory is higher than it has been at anytime in the last three years, so there … (0 comments)

 
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Matthew Ricker

Portland, OR

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Keller Williams

Office Phone: (503) 336-7616

Cell Phone: (503) 957-2969

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Real Estate Market information for Portland, OR and the surrounding communities including Beaverton, West Linn, Oregon City, Lake Oswego, Hillsboro, Tigard, Tualatin


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