From the monthly archives:

December 2008

Portland Real Estate Statistics: Dec 21st 2008

by bficker on December 22, 2008

This Week:
The median single family home price in PORTLAND this week is $324,999. Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
Price
The market has been on a downward trend recently and this week, while essentially flat, doesn’t
break us out of [...]

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Scott Pelley reports on the mortgage crisis that’s far from over, with a second wave of expected defaults on the way that could deepen the bottom of the U.S. recession.

I have argued with just about anybody that will listen that we are far from seeing the end of this crisis. So what does this [...]

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Portland Real Estate Statistics: November 2008

by bficker on December 12, 2008

The RMLS released the November 2008 statistics, and nobody should be surprised. Everything is down except the days on market. We are down 39.9% in total sales compared to last November and had the lowest total sales (1,041) in one month since February 1993. Comparing November 2008 to October 2008, new [...]

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