Downtown Portland Real Estate Broker~Herb Hamilton

October's Residential Highlights for the Greater Portland Metro area continue to show an upward trend compared to the same month a year ago. Inventory levels continue to drop showing 6.5 months a level not seen since August 2007 down from its previous high of 19.2 months reported in January 2009.

Southeast Portland's Data over all reflects a Continuing drop in Average and Median Sales Price while inventory levels and Days on the market remain stable. Pending sales are up slightly over last month but closed sales are down.

October's Residential Highlights for the Greater Portland Metro area continue to show an upward trend compared to the same month a year ago. Inventory levels continue to drop showing 6.5 months a level not seen since August 2007 down from its previous high of 19.2 months reported in January 2009.

Northeast Portland this month shows a slight decrease in the amount of new listings coming on the market over last months activity. Pending Sales for this month show a drop while Closed Sales are up and the days on the market remain fairly constant.

October's Average sales price shows a rise while the Year to date average and Median Sales Price year to date numbers remain fairly constant as compared to Sept 2009 data.

October's Residential Highlights for the Greater Portland Metro area continue to show an upward trend compared to the same month a year ago. Inventory levels continue to drop showing 6.5 months a level not seen since August 2007 down from its previous high of 19.2 months reported in January 2009.

North Portland's performance over the last month show a significant drop of Pending, and Closed sales as well as a drop in Days on the market from 104 to 84 days.

Along with the drop in sales North Portland also has seen a decrease in the Average sales price and a Slight increase in Median Home price since last month.

Homes for Sale in Oregon specifically in the Portland area have weathered the poor market conditions fairly well. No matter if you are looking for new homes in Portland Oregon or Portland Oregon Condo's a call to Real Estate Broker Herb Hamilton can put you on the path to home ownership. Representing Buyer's for over 21 years.

As American's we have enjoyed a wonderfull run. We have made our mistakes of course but for the most part we have stayed the course.

Many, many countries around the world have and continue to look up to us for guidance even when we occasionally stumble, pick ourselves up and dust off. In our darkest hours they still look to us and hope to become us.

What is it then about the American spirit that causes so many to look to us? Among many, many things it is our sense of fair play. The spirit that pushes up to not only do better but to be the best at everything we do. Our lives are constantly filled with this competitive drive.

Some times we lose and some times we win. We teach our children that even with the loss there is much to be gained. Each and every loss should inspire you to do better next time. This is what drives us and inspires us.

As an active real estate agent for more than 20 years the dynamic plays out over and over again in my career. With the listing presentations I give, the new Buyer client's that I meet and the properties that I see hoping to match them with an active Buyer. On and on it goes. I don't get every listing that I give a presentation to nor do I sell a house to every potential Buyer that I meet.

I do give it my best shot though every time out. And for those efforts that I am not successful in I thank them kindly for the opportunity, I pick my self up dust off and do it again and again.

In the last decade or so I have seen a change though in this very American dynamic. In our past struggles we have admired, congratulated the winner and vowed to win next time, picking up and dusting off ourselves in eager anticipation of our next challenge. We now see more envy and or down right disdain for the winners. It has become common place it seems to disparage the winners rather than congratulate them. In fact many have taken it so far as to create vast campaings to marginalize the winners. This is not good for us or for our country.

We can not all be winners every time yet some feel as if when they do not win it is not because of their short comings, it must be because others are some how misguided. Fueled by this thought process rather than picking up and dusting off many of these losers spend their time trashing the winner. Instead of moving on to the next challenge or learning through their loss there are those who choose to simply live in disbelief of their loss and try to convince others through their attacks on the winner that some how they were right and the majority was wrong.

No bigger arena for this current struggle exists than that of the world of Politics. In my life as I look back through all of the Political challenges, I think of those I supported both the winners and the losers. I remember fondly of how both those who won and those who lost demonstrated to us what it is to be American. The losers picked themselves up dusted off and congratulated the Winner. The Winners took time out to reach out to the loser and congratulate them on a battle well fought.

It is time we once again begin showing the world and ourselves what it is to be American. We should not trash the winner nor should we spend our time trying to convince others that some how our loss was a fluke.

Pick yourself up, dust off and congratulate the winner. We are Americans, shouldn't we begin acting like it?

Market activity and sales continue to improve over the greater Portland area market, while listing inventory continues to fall creating a faster selling market time.

In Southeast Portland comparing August 2009 with September 2009 the Number of active listings has dropped while the number of Pending Sales has increased. Solds are down for the month and Days on the market have increased slightly by 4 days.

Average Sales Price for the month have increased by $8,900 over last month and Median price has increased as well by $1,000.

Disclaimer : Information contained in this report is deemed reliable but not guaranteed. This report should not be used to make any financial real estate decisions.