Comments on: Portland-Area Residential Market Activity - April 2006 http://www.repdx.com/2006/05/15/portland-area-residential-market-activity-april-2006/ Portland Oregon Real Estate Resources Thu, 04 Dec 2008 04:02:16 +0000 http://wordpress.org/?v=2.6.5 By: Ron http://www.repdx.com/2006/05/15/portland-area-residential-market-activity-april-2006/#comment-941 Ron Fri, 19 May 2006 04:59:48 +0000 http://repdx.com/2006/05/15/portland-area-residential-market-activity-april-2006/#comment-941 Thanks Larry for the kind words. I've noticed that out-of-state buyers are much more motivated/aggressive than local buyers. They are making decisions quickly and without remorse. I have not paid much attention to the investor segment. There just isn't enough inventory to create leverage. Still, some seem to be doing well, nevertheless. That's what 17% appreciation over 12 months will do for you. Thanks Larry for the kind words.

I’ve noticed that out-of-state buyers are much more motivated/aggressive than local buyers. They are making decisions quickly and without remorse.

I have not paid much attention to the investor segment. There just isn’t enough inventory to create leverage. Still, some seem to be doing well, nevertheless. That’s what 17% appreciation over 12 months will do for you.

]]> By: Larry Morris http://www.repdx.com/2006/05/15/portland-area-residential-market-activity-april-2006/#comment-819 Larry Morris Tue, 16 May 2006 16:50:31 +0000 http://repdx.com/2006/05/15/portland-area-residential-market-activity-april-2006/#comment-819 Good analysis. This is what I've seen as well for the last 2 months. It seems that Sellers are still in the mindset of last July-October, thinking that they can get multiple offers over listing price. This just isn't happening on most properties. It also appears that a lot of investors are less willing to take a chance on "market value" properties than they were last summer. Rates are also higher now than they were at this time last summer, in fact they are the highest they've been in 2+ years. Still, Still, as Hayes Barnard would say, they are at historical lows. Keep up the good work on your blog! Good analysis. This is what I’ve seen as well for the last 2 months. It seems that Sellers are still in the mindset of last July-October, thinking that they can get multiple offers over listing price. This just isn’t happening on most properties.

It also appears that a lot of investors are less willing to take a chance on “market value” properties than they were last summer.

Rates are also higher now than they were at this time last summer, in fact they are the highest they’ve been in 2+ years. Still, Still, as Hayes Barnard would say, they are at historical lows.

Keep up the good work on your blog!

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