As of February 2021, a reported estimate of 89,000 households are behind in rent equaling more than $378 million. Since the start of the pandemic in 2020 a mass wave of tenants have become behind on their monthly rent, and the numbers continue to soar. The eviction ban across the state allows tenants to remain…
Did you know many of our agents are also members of the Regional Multiple Listing Service (RMLS). The RMLS Services several counties throughout Oregon and SW Washington. Within the RMLS Database here are the following stats for 2020. All residential properties listed for sale: 71,940All residential properties sold: 61,350Median sold price of homes listed: $397,000Total…
While 2020 was a year like we've never experienced before, the real estate market saw an increase in most areas. The Willamette Valley Multiple Listing Service (WVMLS) gathered and shared some impressive statistics. The Median Sold Price was $329,9000, which is up 10.4% from 2019. Another impressive number are the units sold at 7,310, which…
"IF I PRICE IT HIGH, BUYERS WILL STILL COME" Sellers often think they can price a property as high as they want and reduce it later if needed. Unfortunately, when the price is too high, buyers who are looking in that price range probably can afford something nicer, newer or bigger. This strategy eliminates the…