Home : Blogs : Tony and Libby Kelly, CRS, ABR, ePro, SRES, CLHMS, CNHS : Portland Metro Real Estate Review

Things Are Looking Up

Pending home sales haven't looked this good in two years and actual closed sales are looking good too. The stock market is coming back and the countries exports are rising faster than our imports.

Things can still trip up our recovery. The inventory is finally ready to go down but some home owners and banks with foreclosures may have been waiting for things to turn around to put their homes on the market. There is also the possibility that the deficit could mean higher mortgage rates. Not to mention job losses are not over and will keep the foreclosures coming.

There is still reason to be positive with inventories currently going down and prices stabilizing, it might just be the turn around we are all waiting for. Then, the jobs will come back.

Portland Real Estate

http://www.realtor.org/rmonews_and_commentary/economy/0910_economy_salesup

PLEASE CHECK OUT OUR WEBSITE http//:www.TonyandLibby.com & OUR NEW PORTLAND METRO BLOG AT http//:www.TonyandLibby.blogspot.com & pdxrealtynews.com (make sure you leave comments)

Posted by Tony and Libby Kelly, CRS, ABR, ePro, SRES, CLHMS, CNHS on 09/22/2009 06:53 PM

Comments (2)

portland agents, portland, portland homes for sale, portland real estate, portland realtors

This post has been included in Oregon Information Multnomah County, OR Information Portland, OR Information
Post is included in group: The Ninety-ninth Percentile
Post is included in group: The Lounge at Active Rain
Post is included in group: Realtors®
Post is included in group: Keller Williams 'Rainers
Post is included in group: Keller Williams

2 Comments on Things Are Looking Up

SEP

Hello Pacific Northwest friends :) It's nice to finally hear some good news out there. Hoping for a speedy recovery for both of our markets.

I hope you're right, only time will tell. It's nice to hear little blips of positive news now and then!

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?

Tony and Libby Kelly, CRS, ABR, ePro, SRES, CLHMS, CNHS

Tigard, OR

More about me…

Keller Williams Realty Portland Premiere

Office Phone: (503) 924-3520

Cell Phone: (503) 753-7300

Email Me

In this forum we will offer discussions on a wide variety of subjects, but focus on Portland Metro and real estate. Hopefully our insights and experiences will inform, educate, challenge and entertain our readers week after week.

Links

Archives

Find OR real estate agents and Tigard real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.