Portland, Oregon Market Report (Supra Lockbox Activity)

Portland, OR Real Estate

Supra Lockbox Activity, week ending Oct. 11, 2009

The lockbox is the magic access key that allows agents to open the doors on listed property. It also keeps statistics, and as you can see, there has been a 10% DECREASE in activity, and this includes Portland, OR real estate activity. In a nutshell, listing showings are DOWN, on average, by -10.4%.

With the $8,000 tax credit expiring, school back in session full swing, summer over and fall here, is the Metro Portland area going to see a cooldown?? It will be interesting to follow the Portland, OR real estate trend with showings going up, or down?

BUYERS: What that means for you . . . the properties you have interest in might not have the level of activity as expected. These showings are for the RMLS Supra lockbox in the state. The Portland, OR real estate market might have slightly higher levels of activity.

SELLERS: Check and see with your listing agent if the STAT above, of -10.4% decrease is holding true with your property. Are you getting any more showings, or has activity level dropped??