Supra Lockbox Activity -- Week Ending 2/14/10
NOTE: The Supra Lockbox is the magic access key that allows agents to open the doors on listed property. It also keeps statistics, and as you can see, there has been a INCREASE in activity for Oregon, which also includes Portland, OR real estate activity. The Metro Porltand market is the largest in the State. But it is an all encompassing Statewide stat. Keep in mind: This does NOT mean that sales, closed transaction, inventory have INCREASED or DECREASED.
In last week's report I wrote: The slight drop of -1.2% DECREASE is a little surprising to me. I thought we would, certainly, be ticking upwards. The weather is extremely mild, early spring-like (while other parts of the nation are digging themselves out.) Buyers confidence might not be as strong as we would like to think.
Well, this is a slight uptick with a 3.2% INCREASE in Supra Lockbox activity, it only plays a little catch-up with the week prior (ending 2/7/10) and the decrease. I'm really not seeing the levels of buyers out and about as I anticpated.
BUYERS: What that means for you . . . the properties you have interest in might / might not have the level of activity as expected. These showings are for the RMLS Supra lockbox in the state. The Portland, OR real estate market might have slightly higher levels of activity.
SELLERS: Check and see with your listing agent if the STAT above is holding true with your property. Are you getting any more showings, or has activity level dropped??
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