According to the Oregonian, Portland-area home prices rose 15.5% in July compared to a year ago. Follow the link below for the full article. Portland Area Home Prices Rise Faster Than U.S. Average
Mortgage rates are continuing to go up. At 4.46 percent, mortgage rates are the highest they have been in 2 years. By historic standards, rates remain low but the increase could affect the recovering housing market. Follow the link for the full article from KATU News: US 30-Year Mortgage Rate at 2-Year High: 4.46 Percent
The housing recovery is strengthening. According to KATU News, home prices in the U.S. rose 12.2% in May, the biggest annual gain since March 2006. Follow the link for the full article: U.S. Home Prices Rise 12.2 Percent, Best In 6 years
Home prices are the highest they have been since April of 2006. With the number of buyers growing and the limited inventory, the housing market is beginning to recover. For the full article from KATU News, follow the link below: U.S. Home Prices Rise 10.9 Percent, Most Since 2006
The average U.S. rate on the 15-year fixed mortgage fell to a new record low. Low mortgage rates have helped sustain a housing recovery that began last year. Click on the link below to read the full article from KATU: U.S. Rate On 15-Year Mortgage At Record 2.56 Percent
Buyer’s are getting anxious to take advantage of these low interest rates, but with so many people ready to transition from renting to buying, there isn’t enough inventory. Click on the link below for the full article from KATU News: US Housing Perks Up, But Too Few Homes For Sale
According the The Wall Street Journal, if you’ve been on the fence about selling your home, now might be the time to take action. With inventory thinner, there are new opportunities for home sellers. Houses are selling faster because buyers are moving faster. For the full article written by Ruth Simon, click on the link… Read More ›
According to KATU News, pending home sales is at its highest since 2010. US economist Howes says, “Housing market activity appears to have ended 2012 on a positive note and is off to a strong start in 2013.” If you’re thinking about selling, now is a great time. Click on the link below for the… Read More ›
According to Oregon Live, the market is struggling with a lack of inventory. Buyer’s are becoming frustrated with the lack of selection and quick decision-making required to get a home. With inventory being so low, its no wonder homes are on the market an average of 3 weeks less than they were a year ago…. Read More ›
The national rate of late payments on home loans is the lowest its been in four years, according to Alex Viega with KATU News. Rates have been trending down since 2009 and look to continue. View the full article with the link below. Late-payment rate on mortgages hits 4-year low
According to Crutsinger with KATU news, new home construction is the highest its been since 2008 and is likely to continue. Click on the link below for more information. Surge In Home Construction Likely To Continue By MARTIN CRUTSINGER, AP Economics Writer
Sold from 1/1/2012 thru 12/31/2012- All Companies Includes homes and condos sold thru Regional Multiple Listing Service. Each year, the Laue Team compiles a year end report showing all properties sold in and around Wilsonville. This year we have expanded the report. By clicking the link below, you will be able to see a photo… Read More ›