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Thursday, October 29 2009
Good News About the Housing Market: October 2009
Real Estate Insider has good news to report about the local housing market. Yes, you heard us correctly: good news!
According to statistics compiled by the Regional Multiple Listing Service in their September Market Action report, pending sales in the Portland metropolitan area are up 17.5% from third quarter 2008. Closed sales are up 6.5% from third quarter 2008, and are at their highest level since the third quarter of 2007.
According to statistics compiled by the Regional Multiple Listing Service in their September Market Action report, pending sales in the Portland metropolitan area are up 17.5% from third quarter 2008. Closed sales are up 6.5% from third quarter 2008, and are at their highest level since the third quarter of 2007.
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Portland Metropolitan Association of Realtors®
825 NE Multnomah, Suite 1145 | Portland, Oregon 97232 | P: 503-228-6595 F: 503-228-4170
