Sales activity in the Portland Metro area showed mixed results in January 2011. Closed sales beganthe year at a higher level than January 2010 and January 2009. Inventory also saw a lower level thanthe first month of 2009 and 2010, dropping 1.3 months compared to January 2010.Closed sales were up 5% in January 2011 compared to January 2010. Pending sales were down 3%,and new listings dropped 20.5%. Comparing the previous month of December 2010 with January 2011,closed sales fell from 1,462 to 1,035 (-29.2%). However, pending sales grew from 1,210 to 1,489(23.1%), and new listings jumped from 1,925 to 3,128 (62.5%).At the month’s rate of sales, the 11,697 active residential listings would last about 11.3 months..... for full RMLS report click here. John & Melody Hatch & Angela Keller Williams Realty Professionals 9755 SW Barnes Rd suite 560, Portland OR 97225 503-748-8310 firstname.lastname@example.org www.HatchHomes.com
For more statistics go to www.HatchHomes.infoAfter one of the worst years ever the housing industry is poised to gain strength this year. January wasa record month for our Market Center and for the HatchHomes Group. We have had fun helping arecord number of people in and out of homes. It has also been stressful dealing with increasing financerestrictions and short sale hurdles. We have been writing plenty of offers and seeing lots of transactionsbeing started in our Market Center despite continued pressure on prices. Looking at lock box activity inPortland we are seeing increases which means more Realtors are showing more people more homes.Our new web site www.northportlandhomesearch.com has had increasing activity and many people likethe new property search function on this site - this is in addition to our main web sitewww.HatchHomes.com and www.HatchHomes.info and www.helpwithdistressedhomes.comThis month John is visiting Anaheim for the Keller Williams national convention which is a huge RealEstate event packed full of the latest information and tools to help our clients. Our Market Center (ofwhich John & Melody are proud part owners) will be recognized as the highest performing brokerageoffice in the Portland area and by some measures the highest in the whole NW region.This month, at Anaheim Keller Williams is releasing new state of the art technology which willstreamline the way we handle client information and transactions and we are excited about theopportunity to benefit from more efficiency.Interest rates are still VERY low but increasing - contact us if you are thinking of refinancing or takingadvantage of this great opportunity to buy an investment property and would like an introduction to ourGREAT in house lender!Next month we are looking forward to a busy month punctuated by John & Melody attending a weddingin Sun Valley (with a bit of skiing) and Melody will be off with friends to celebrate some birthdays in NewYork.Our listing on the 21st floor of the Grant Tower of American Plaza has been staged and painted and theprice reduced - spectacular views!Also a price reduction on our listing with fantastic views over johns landingCheck out our spectacular new listing in MurrayHill
See our listing on NW Leahy an a huge lot with remodeled kitchen and baths.We have a reduction on our listing on SE Rhone ST this is a bargain for someone prepared to do somework on the home. Great investor property or First time home buyer.We also have a price change on our short sale listing in Mountain Park neighborhood of Lake Oswego -this is a great condo.Look for more new listings coming soon at www.HatchHomes.comClick here to go to our latest Real Estate Internet tips.