December Market Action Report

In December, sales activity showed a bit of an improvement compared to a year ago. Closed sales were up 52.6% compared to December of 2008, pending sales rose 40.9%, and new listings rose 11.9%.

However, when compared to November 2009, closed sales fell 16.1%, pending sales dropped 14.1%, and new listings fell 15.8%. The median sale price is also down 10%.

If you are ready to be a homeowner, now is your time. The Portland area is seeing some of the best interest rates in 30 years, amazing prizes, and up to $8,000 in tax credit to spend freely.

Click HERE to view the full report

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