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Mortgage Market In Review-RMLS Activity-Falling Prices

Date: Jan. 19, 2010
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Forbes just released their report of the cities with the fastest falling prices and Oregon ranks #5. For the full report on the other cities you can see it here.

The good news locally, however, is that showing activity according to our RMLS as of the New Year has picked up by 67.5%. Not only do the stats show it but I have been experiencing an increased activity myself of buyers out looking to purchase.

Numbers are up considerably in Oregon and Washington

When comparing the week of January 4 – January 10 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox increased 45.8% in Washington and 67.5% in Oregon.

 

 

 

Guest Author

Bob Chiodo, CFP

Equity Home Mortgage, L.L.C.

bobchiodo@equityhome.com

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