http://www.repdx.com/2008/01/16/portland-market-update-closing-out-2007/ Portland Oregon Real Estate Resources Tue, 14 Oct 2008 07:23:48 +0000 http://wordpress.org/?v=2.6.2 http://www.repdx.com/2008/01/16/portland-market-update-closing-out-2007/#comment-38558 kelly Tue, 29 Jan 2008 03:30:34 +0000 http://www.repdx.com/2008/01/16/portland-market-update-closing-out-2007/#comment-38558 I don't know what to make of average and median prices. It seems that most of the newer houses are larger and more expensive and they always bring it up. I have 3 friends who have houses for sale and they are not moving. One has been on the market for well over a year and one of the others for about a year. I see houses sitting all over and people just not selling. So are prices really stable or are people just not selling and artificially making things look better? I am about to enter the market but I feel like things are going to correct 5-10%. I hear people not selling thinking that come summer the buyers will be there. I think we'll see some get more panicky about July when the summer is 1/2 gone and they still haven't sold. I don’t know what to make of average and median prices. It seems that most of the newer houses are larger and more expensive and they always bring it up. I have 3 friends who have houses for sale and they are not moving. One has been on the market for well over a year and one of the others for about a year. I see houses sitting all over and people just not selling. So are prices really stable or are people just not selling and artificially making things look better?
I am about to enter the market but I feel like things are going to correct 5-10%. I hear people not selling thinking that come summer the buyers will be there. I think we’ll see some get more panicky about July when the summer is 1/2 gone and they still haven’t sold.

]]> http://www.repdx.com/2008/01/16/portland-market-update-closing-out-2007/#comment-37472 Ron Thu, 17 Jan 2008 07:27:07 +0000 http://www.repdx.com/2008/01/16/portland-market-update-closing-out-2007/#comment-37472 Ralph is right. In December 2007, expired and canceled listings outnumbered new listings by a total of 1,342. By comparison, in December 2006, expired and canceled listings outnumbered new listings by just 181. Ralph is right. In December 2007, expired and canceled listings outnumbered new listings by a total of 1,342. By comparison, in December 2006, expired and canceled listings outnumbered new listings by just 181.

]]> http://www.repdx.com/2008/01/16/portland-market-update-closing-out-2007/#comment-37448 Ralph Wed, 16 Jan 2008 23:04:50 +0000 http://www.repdx.com/2008/01/16/portland-market-update-closing-out-2007/#comment-37448 In each MLS area for Portland (141, 142, 143, 148) there were more canceled listings than new listings. What is keeping supply down is more people are taking their houses off market. I'm guessing a big jump in January of new listings as people race to get the new 8-series MLS numbers. In each MLS area for Portland (141, 142, 143, 148) there were more canceled listings than new listings. What is keeping supply down is more people are taking their houses off market. I’m guessing a big jump in January of new listings as people race to get the new 8-series MLS numbers.

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