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Here it is . . . the Market Action Report for January
Bottom line – lot’s of homes for sale, prices down about 13% from January of 2008. Buyers are moving back into the market with pending sales up 52% in January over the snowy December of 2008. The total homes for sale is now over 14,000, which at the current rate, means a supply that will take 19 months to sell.
“Priced right and lookin’ good “ is the mantra to attract one of the savvy buyers looking to take advantage of a buyer’s market!
Check out the full story market-action-2162009 and find the numbers for your area of Portland. And call us if you have questions interpreting this real estate market. 503-416-4177
Becky
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