Real Estate Information Archive


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Ok folks, if you are an info junkie you will enjoy the University of Portland's quarterly report for real estate. Hit the link below to download the report by pdf file.  It includes quite a bit of info on the Oregon economy,  Not only does this report cover residential and commercial properties, it comments on the apartment market and downtown condos. No, it is not specific to the mountain market but....since many of our sales are second homes the general implications are broader and ripple out to the second home market. state/portland state university center for real estate.pdf


What's Selling on the Mountain?

by Liz Warren

The summer selling season has started a bit slower this year. Kick off typically surfaces right around the 4th of July but things are different this year with fewer pending sales and less inquiries for properties.

The past six and a half months leave 18 pending sales still not closed at this point in the year. Of that 18, around 12 sales pending are under the $300,000 range. Last month's market statistics showed a 44% decrease in sales from a year ago May. I anticipate this number will increase after June's numbers come out to press.

Last year when other areas of the country were singing the blues the Northwest held steady in sales. I am finding we are finally feeling what the rest of the country has been experiencing, although not as severe, but a year later.

Increased inventory, great interest rates and motivated sellers make for a great playing ground to purchase right now!

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Contact Information

Photo of Liz Warren Real Estate
Liz Warren
Merit Properties Group - Keller Williams Realty PDX Central
Box 131
Welches OR 97067
Direct: 503-705-3090