by Ryann Reinhofer | Jul 7, 2023 | From Ryann |
Mortgage News FHFA House Price Index just released Q1 results indicating national home prices were up 0.7% in April and up 3.1% from last year. NAHB is reporting builder sentiment is up. New home sales are up 20% compared to a year ago, while resale activity is down...
by Ryann Reinhofer | Nov 9, 2022 | From Ryann, TBREG Team |
In the last couple of months, the market has achieved relative stasis in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch for changes in the market action index. If the market heats up, prices are...
by Ryann Reinhofer | Oct 11, 2022 | Community, From Ryann |
All eyes are on the market and we’re not looking away. September numbers are out. Portland metro inventory increased to 2.2 months in September. Total average market time increased to 34 days. Even so, Portland area homes, IF priced properly, and selling for 100.1% of...
by Ryann Reinhofer | Oct 4, 2022 | From Ryann |
In this video, Ryann shares her perspective on today’s market. Inventory in months hasn’t moved beyond 2.0 and it would have to get to 6.0 to be a real buyer’s market. That’s just not going to happen. While the outlook in suburban and rural...
by Ryann Reinhofer | Sep 23, 2022 | Community, From Ryann |
Comparing the first eight months of 2022 to the same period in 2021, new listings (27,629) decreased 6.0%, pending sales (20,730) decreased 16.9%, and closed sales (20,434) decreased 11.7%. Comparing 2022 to 2021 through August, the average sale price has increased...
by Cornerstone-Terry | Aug 22, 2022 | From Ryann |
Wondering what to think about real estate right now? We’ve all seen some alarming headlines over the last few months. We tend to be insulated here in the Pacific Northwest when compared to the national stage. While the market has cooled slightly amidst uncertainty,...
