Donn Rasch's (wildwater) Blog

Clackamas, Oregon 97015 Zip Code -  12 Month Market Trend 6/2009-5/2010 DetachedThere were 152 detached residential homes sold in the last 12 months.The average sales price was $285,988.The average days on market was 144.There are currently 98 detached residential homes listed for sale.Based on l...

Donn Rasch | RE/MAX Equity Group, Inc. | 503-658-5000 21885 NE Heartwood Cir, Fairview, OR Immaculate 2 story townhome with a view. 3BR/2+1BA Single Family House offered at $164,900 Year Built 2005 Sq Footage 1,901 Bedrooms 3 Bathrooms 2 full, 1 partial Floors 2 Parking Unspecified Lot Size 2,69...

Happy Valley, Oregon 97086 Zip Code -  12 Month Market Trend 6/2009-5/2010Located just southeast of Portland, Oregon. Demographics:Estimated Population in July 2007: 4,992.Estimated median household income in 2008: $118,241.Dec. 2009 cost of living index in Happy Valley: 99.6 (near average, U.S. ...

Here is a brief synopsis of the the latest Market Action Report provided by our local mls for the Portland, Oregon metro area as of May 31, 2010.Inventory is down to only 7 months, the lowest inventory has been since August 2007!Year to date marketing time is down to 134 days, a 10.7% decrease fr...

Short Sale DefinitionA homeowner is "short" when:When a borrower owes an amount on his property that when combined with closing costs and commissions is higher than current market value.A short sale occurs when:A negotiation is entered into with the homeowner's mortgage company or companies to ac...