market trends and statistics: Media stories about the continued decline & death of the real estate market are exaggerated hype meant to manipulate the masses!
- 01/26/11 01:31 PM
You heard me right, the media stories about the continued decline and death of real estate areexaggerated hype meant to manipulate the masses. That's my story and I'm stickin' to it! At least it is in my market, the Portland, Oregon metro area. I know, I know prices are down and to that I say sweet! That means my buyer clients can get more bang for their buck. Combine those lower prices with historic low interest rates and SHAZAM! You've got a great time to invest in real estate. Buyers are starting to get off the fence and are buying, I have statistical proof. But first … (2 comments)
market trends and statistics: Gresham, Oregon 97080 & 97030 Zip Codes - 12 Month Market Trends & Stats 12/1/2009-11/30/2010
- 12/16/10 04:14 AM
I know these statistics can be a bit "dry" reading, but there really is a wealth of information here for the savy investor and armchair market quarterback. Sit back, read & enjoy! ;>) Best Regards,Donn RaschBroker, CDPERE/MAX equity group, inc.Clackamas, Oregon503-658-5000 Gresham, Oregon 97080 & 97030 Zip Codes - 12 Month Market Trends & Stats 12/1/2009-11/30/2010 Detached Single Family HomesThere were 552 detached residential homes sold in the last 12 months.The average sales price was $227,662.The average days on market was 127.196 sold with conventional financing.227 sold with FHA financing.84 sold for cash.36 sold with VA financing.4 sold on contract.3 sold were other.1 sold lease option.1 sold USDA170 of … (0 comments)
market trends and statistics: Milwaukie, Oregon 97222 & 97267 Zip Codes - 12 Month Market Trends & Stats 12/1/2009-11/30/2010
- 12/10/10 02:49 AM
Milwaukie, Oregon 97222 & 97267 Zip Codes - 12 Month Market Trends & Stats 12/1/2009-11/30/2010 DetachedThere were 525 detached residential homes sold in the last 12 months.The average sales price was $230,516.The average days on market was 119.200 sold with conventional financing.192 sold with FHA financing.95 sold for cash.27 sold with VA financing.4 sold on contract.4 sold were other.3 sold lease option.115 of the homes sold were bank owned.57 of the homes sold were short sales.Total distressed home sales were 25.14% of the detached home market.There are currently 345 detached residential homes listed for sale.Based on last months sales there is approximately 8 months of inventory. Attached / CondoThere were 10 attached / condo residential homes sold in the last 12 … (0 comments)
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