From November to December, the Portland Metro markets, including Washington, Multnomah and Yamhill County, saw an increase in months of inventory (MOI) in all price categories. The increased MOI reflects the decline in inventory. While December saw a slower real estate market with higher MOI, January has seen more Buyer activity while inventory has remained comparatively low.
The coming months promise a lower MOI with Buyer activity building. Even as inventory grows throughout the spring and summer, MOI is expected to stay low despite increased Federal Interest Rates as 2016 is forecasted to see (0 comments)
In Oregon, the inventory of homes active on the market has remained low through December and January. For Sellers listing their properties at $399,999 or lower, it means lots of showing activity! However, many home Sellers are forestalling listing their property just yet due to limited inventory to choose from for relocating. However, for Sellers looking to sell quickly or who have already identified a property to purchase, it will remain a Seller’s market until inventory increases in the following months heading into spring. While residential listings remain low, Buyers looking to build still have extensive inventory to choose from in the (0 comments)
hillsboro: Have You Met The Kelly Group Yet?
- 01/12/16 08:18 AM
The Kelly Group is one of the top real estate teams in Oregon and in all of the United States! In 2015, we sold 335 homes worth $110 million. Our listings sell for an average of over 98% of the list price. They also have a median days on market of only 28. We are a team in the true sense of the word with different team members specializing in different aspects of real estate. Unlike most agents who are forced to do everything, from administrative work to lead generation, your listing agent's only priority is to get your home sold. (2 comments)
hillsboro: Top Reasons For Considering a Move to Oregon
- 01/12/16 03:00 AM
If you are looking for an excellent area to settle down with a family or even just for yourself a commonly overlooked state to settle in these Oregon. From the eclectic art scene of Portland to the natural beauty of Oregon city to the fantastic outdoor activities in Bend, Oregon has cities and areas that are perfect for nearly any personality type. Here's some of the top reasons you should consider Oregon as a house hunter: Property values are on the rise: Oregon is becoming an extremely attractive place to live, with low crime rates and high school graduation rates that are (1 comments)
hillsboro: Enjoy Family Friendly Holiday Events Throughout Oregon this Season!
- 11/03/15 07:38 AM
Looking for family friendly winter activities in Oregon? There are endless opportunities for escaping the cold and rain while enjoying some fantastic entertainment and holiday events. Here are just a few upcoming activities that are visiting local communities: November 27th - December 19th: Gallery Theater in McMinnville will be bringing a White Christmas to their stage. November 27th - December 20th: The Broadway Rose Theatre Company of Tigard will be presenting A Taffeta Christmas. November 27th - January 3rd: ZooLights will light up the Oregon Zoo in Portland and dazzle spectators with over a million lights! November28th: Visit Hillsboro's historic downtown for the annual Holly Days and Market for (2 comments)