The story for the current market is little available inventory. It's a seller's market! Fewer sales closed in the 12 months preceding January 2015 than in comparison to the 12 months preceding January 2014. It's a modest drop and appears to be a direct result of lack of available homes for buyers … [Read more...]
Once again, Albany, Oregon's market is reflecting a market in recovery. Inventory is down 17%, prices are up 5.5%, volume of homes sold is up over 7% and available inventory is down 18%. Albany's market is showing all of the signs of a good recovery. This is sustained by affordable home prices and … [Read more...]
Statistics, the Media and Real Estate | The problems with housing market data: What does it all really mean?
The problems with housing market data: What does it all really mean? I recently came across this blog post about housing market data, headlines and statistics. Honestly, I couldn't agree more to what has been presented in terms of the daily news and how data is manipulated. Average, median and other … [Read more...]