I Didn't Know Portland Metro Had a Roller Coaster Ride . . . In Real Estate it Does

Industry Observer with RETIRED / State License is Inactive Inactive License Oregon

Roller CoasterSometime ago I would publish a weekly update on the Portland Metro real estate market.  I used the information gleaned from the RMLS, which had a simple graph indicating the frequency, during the prior week, of Supra Lockbox usage.  This was compared to previous weeks. 

EXAMPLE of the posts I used to publish weekly.

From some reason, I stopped the weekly update.  I still receive them every Monday and still review them.  I base buyer traffic with this information.  Most of the time it is very accurate. 

The highs of the "BUYERS ARE OUT VIEWING" is indicated by the upswing in numbers of Supra Lockbox entries recorded. 

The lows of the "BUYERS ARE NOT OUR VIEWING" is also indiated by the down-tick in numbers of Supra Lockbo entries recorded.

The past few weeks the graphs have looked like this Week Ending Sept. 30, 2012:

 This is the chart from a year ago week ending Sept. 25, 2011:

Sept. 30, 2012 - Week Ending Count of the Supra Lockbox : 16,434

Sept. 25, 2011 - Week Ending Count of the Supra Lockbox:  15,675

YES the current tally shows a little dip in the overall percentage of usage . . . BUT there is almost 1,000 MORE times that the Supra Lockbox was used in comparison.

As both graphs show, there is a huge dip in showing activing beginning right about now.


What that means for Buyers:  If there is a time to buyers to buy a ticket and get on the ride -- thinking about buying -- the time to shop for a home is when there is LESS COMPETITION out there. 

Less buyers on the Roller Coaster means Buyers might be able to enjoy the ride by getting on NOW . . . and not wait for the (sure to come) upswing.

Roller Coaster rides are fun. 


Written for the AR contest: Real Estate Roller Coaster Ride

real estate recovery
Riding the Trillion-Dollar Real Estate Recovery Roller Coaster.

Posted by



Carla Muss-Jacobs has RETIRED effective May 1, 2018

Representing Buyers in the Portland Metro Real Estate Market | Clackamas Multnomah and Washington Counties | Since 1999

Carla Muss-Jacobs, REALTOR®, ABR, CEBA, ePro
Principal Broker/Owner ~~ INACTIVE

Carla Muss-Jacobs' retirement became effective May 1, 2018

Direct: 503-810-7192 


All Rights Reserved © 


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate General Information
Oregon Washington County
The Lounge at Active Rain
Diary of a Realtor
Bartender, Make it a Double
ActiveRain Contests
real estate roller coaster ride

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Never really thought of lockbox data as a guide, but I guess it is.... I mean even if an agent is just previewing it must mean they have buyers they are previewing for... not just out spending the day looking for fun.  I don't even know if I can access this data except on my own lockboxes.  One thing I love though (for my own listings) is our MLS shows the number of views for that listing.... through the system (an agent looking) or through IDX... (hopefully a consumer) although every once in a while I do the agent calling through my IDX.

Oct 10, 2012 05:12 AM #1
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Carla, interesting use of lockboxes as an indicator of future trends, have you noticed a consistent relationship between high lockbox usage and sold homes a month or so later?

Glad you are enjoying the Portland Roller Coaster!

Oct 10, 2012 05:24 AM #2
Brenda Mullen
RE/MAX Access - Schertz, TX
Your San Antonio TX Real Estate Agent!!

Hmmm, I don't even know if I can look that up on our MLS...interesting.  Makes sense though to see how much buyer activity there is.  If it's going to be stiff competition, then buyers should know that will most likely drive prices up :)!  Great info Carla!

Oct 10, 2012 05:29 AM #3
Peggy Hughes/pha logistix, inc.
pha logistix inc - San Francisco, CA

Interesting twist on the roller coaster ride, Carla... good luck with your entry!

Oct 10, 2012 06:05 AM #4
Jane Peters
Home Jane Realty - Los Angeles, CA
Connecting you to the L.A. real estate market

I would love to be in a market right now where there is less competition for buyers.  Portland buyers should definitely be out there before it's too late.

Oct 10, 2012 10:39 AM #5
Sharon Paxson
Arbor Real Estate - Newport Beach, CA
Newport Beach Real Estate - Arbor Real Estate

Portland buyers should be out there, and you are the go to professional in Portland.

Oct 10, 2012 12:23 PM #6
Debbie Cook
Long & Foster Real Estate, Inc - Silver Spring, MD
Silver Spring and Takoma Park Maryland Real Estate

The Lockbox chart is brilliant.  I knew my market was getting really bad/slow/awful when I would list a gorgeous house at a scoop up price and I would just hear CRICKETS.

Oct 11, 2012 09:00 AM #7
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Carla-This is another quantitative indicator of market activity. Most pieces of information can be used by a skilled analyst, like you, to both explain what the information means about the past, and to predict to some extent what is likely to happen in the near future.

Oct 11, 2012 11:00 AM #8
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

I like your twist on this contest - creative and different. You have a good mind Carla Muss-Jacobs.

Oct 12, 2012 07:04 AM #9
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Carla Muss-Jacobs, RETIRED

Planning to Buy a Home? Let's Chat . . .
Spam prevention