by Nick Krautter | Aug 25, 2011 | How to Guides, Uncategorized
Inventory Remains Balanced Inventory is currently at 7 months, just above the balance point of 6 months. Although prices are down about 7% year over year we are seeing month over month increases which are largely seasonal. An increase in pending sales and a sharp drop...
by Nick Krautter | Aug 2, 2011 | How to Guides, Market Reports
647 homes were sold in Portland in July, down from 689 in June. I had predicted 700 sales. Wild cards: Multiple offers are back with inventory at a 4 year low. Fears of the debt ceiling may be motivating buyers to lock in 30 year loans at very low interest rates over...
by Nick Krautter | Aug 1, 2011 | How to Guides, Market Reports
Here’s a little Q+A from one of my recent talks on News Radio 101.FM KXL: Q. What’s the most important statistic sellers need to know in this market? A. The most important number is one most people never even see. Its days on market since last price...
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