Credit Suisse Monthly Survey of Real Estate Agents Oct. 2012 Results

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

The results are in boys and girls, and last month seemed to be a mixed-bag of thumbs' up and thumbs' down.

And this is something I think I should mention in ALL the Credit Suisse Monthly Survey of Real Estate Agents Results that I post . . .

There are three categories.  Each one is based on the "EXPECTATION" of the real estate agent taking the survey.

  • Did buyer traffic meet your expectations?
  • Are traffic levels above, below or normal with your expectations.

So when you see the little thumb's up on "Traffic" in a particular market segment, it means agents in that area feel the traffic is above their expectation.  It doesn't mean, nor did it ever mean, that traffic was/is boosting upwards/rebounding.  The results given in a category simply mean the agents' expectations (of traffic, price, builder incentives) were met, not met, or stayed the same. 

With that in mind . . . buyer traffic has dropped considerably in the past few months in the Portland Metro area.  While there may be a drop of inventory, it is coupled with a drop in buyers.

The Portland Metro real estate market has been STAGNANT for about 3 months now.  I do not see the market moving with buyer traffic or new inventory for another 3-4 months.  

I am lowering my expectations!

Lowered Expectations!

Credit Suisse Monthly Survey of Real Estate Agents Oct 2012 Results

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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

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credit suisse monthly survey of real estate agents october 2012 results

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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Interesting note about buyer traffic dropping off in Portland in the last few months.  I'm seeing the same thing out here in Northern VA.  We were going gang busters and then August rolled around and it slowed down.

Nov 13, 2012 03:12 AM #1
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