The foreclosure pipeline has 4 Million homes. These home owners are in foreclosure or are 90 days delinquent or more. Foreclosure Starts fell below 200,000 which is a 31 percent drop (from March to April). This is a drop of 14.7 percent from last year. It's a good sign that foreclosure starts
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06/21/2011
May Residential Highlights While closed sales were down in May 2011 compared with May 2010, pending sales greatly increased compared with the same month a year ago, and inventory hit the lowest level since October 2009. Closed sales were down 15% in May 2011 compared to May 2010. Pending sales
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06/17/2011
The Portland metro area is seeing significant growth in the software industry and in clean technology. Which is a great thing because the unemployment currently sits at 10%. But the forecast job growth for 2011 is 3.4%. Clean technology includes things like energy efficiency, electric vehicle
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06/09/2011
The city of Tigard is looking to put a mass transit rail line that runs between Portland and Sherwood. Some locations have been identified that are believed to be able to support a MAX line in the future. The possible line would run along Pacific Highway and hopefully relieve some of the commute
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06/02/2011