Our new videos combine the latest MLS statistics and animated infographics to deliver local real estate market activity and trends in a simplified manner.
Berkshire Hathaway HomeServices Northwest Real Estate is pleased to announce the launch of local real estate market videos on our website, www.bhhsnw.com. We are now providing 60-second videos created from MLS metrics to deliver summaries of activity and trends in the company’s most popular service areas in most of our markets in Oregon and Washington. The Central Oregon and Netarts/Tillamook areas will be added soon.
These hyper-local Housing Report videos combine accurate market statistics and animated infographics to explain real estate market trends in a simplified manner. Every video is automatically updated as soon as the latest Multiple Listing Service statistics are released each month.
“Our market videos are designed to deliver timely and accurate information to help consumers make informed real estate decisions,” said Jason Waugh, President & CEO of Berkshire Hathaway HomeServices Northwest Real Estate. “We are the first company in our market area to provide this kind of information in a short video format and we’ve gotten many appreciative comments from our brokers and their clients.”
The market videos compliment our popular Market Watch reports, which provide interactive maps showing current homes for sale and sold listings, price changes and trends in micro-market areas upon entering an address, city or zip code. Information includes Google maps, days on market, demographics and local school information, and users can easily view property details, schedule showings, save favorites and share them with social networks.
These consumer-focused resources, combined with the company’s new simplified search options, further distinguish BHHS Northwest Real Estate and our brokers as the leaders in providing localized, accurate real estate information. Please visit www.bhhsnw.com to learn more.
RealtyTrac, a leading resource for real estate data, includes Florence, Oregon in its list of Top 15 Retirement Hot Spots for real estate investing. To qualify for inclusion in the special report, at least 1/3 of the population must be seniors age 65 or older.
Florence comes in at #11 on the list, with 38.2% of its population at retirement age or older. With a median sales price in May 2013 of $165,000 and an annual percentage rate change in price of 10.37%, Florence looks like a winner as a retirement destination.
Prudential Northwest Properties Market Watch reports merge school and community information, along with stats that include time on market and price changes, and users can easily use the interactive map to adjust their radius of interest.
The Prudential NW Market Watch system uses current MLS market data to give users accurate and timely information on homes for sale throughout the market areas we serve, which include the greater Portland/Vancouver metro area, Central Oregon, SW Washington and Oregon coastal communities.
Visit our website at www.pru-nw.com and try out Market Watch yourself. Once you pinpoint an area of interest, click “Schedule Weekly Updates” and an automated email will deliver the information to you each week. Give it a try and let us know what you think!
Prudential Northwest Properties Market Watch report shows listings, price changes and trends in any market area.
Our new Market Watch report puts you in the driver’s seat and shows you the newest listings, price changes and market trends in any areas you choose. It’s a great way to stay on top of what homes in your neighborhood are selling for.
Click here to run your own report right now. Simply enter an address, zip code or city and get a birds-eye view of homes for sale.
If you already know where you want to buy, set up a weekly email update to keep an eye on the area.
For more frequent updates on homes that meet your search criteria, sign up for HomeFinder and homes that meet your criteria will be sent via automated emails.
These reports are available for all the markets we serve in northern Oregon and SW Washington. Have some questions? Our real estate professionals are just a click or phone call away.
Portland currently ranks among the leading cities for homes that sell in 24 hours or less. A low supply of homes for sale in our market area favors sellers, which often leads to bidding wars and quick sales.
Prudential Northwest Properties is a brokerage member of Prudential Real Estate, a network brand of HSF Affiliates LLC, of which HomeServices of America, Inc. is a majority owner. HomeServices of America, a Berkshire Hathaway affiliate, is comprised of many of the industry’s most respected real estate firms located across the nation, specializing in all areas including brokerage, mortgage, title and escrow services, insurance and relocation.
For more information about HomeServices and its network of leading companies, visit www.homeservices.com
Prudential Northwest Properties Chairman Bert Waugh, Jr. released his Q4 2012 Chairman’s Report, a quarterly summary of the real estate market.
The report highlights the record-breaking affordability index for 2012, compares market area stats, looks at what we can expect for trends in the year ahead, and shares the latest video comments from Warren Buffett and HomeServices of America CEO, Ron Peltier.
It’s always nice to hear encouraging news about the housing recovery. This morning HomeServices of America CEO Ron Peltier shared some positive signs for the future. Click here to watch the video: Buffett’s ‘Real Estate Man’ Sees Housing Hope.
At Prudential Northwest Properties, we’re confident brighter days are ahead, and we’re excited to be a member of HomeServices, a Berkshire Hathaway company.
The Portland Business Journal reports today that the average Portland apartment rents for $927 per month, according to Real Facts. In downtown Portland, the average rent for an apartment is $1.68 per square foot, or about $1,344 for an 800 square foot unit.
With today’s low interest rates, it may be wise to consider buying and building equity, especially if you think you’ll stay put for a few years.
The latest RMLS Action Report for the greater Portland Metro area indicates the market recovery is solidifying. With the exception of new listings, all reported measures of real estate activity show improvement when comparing September 2012 with September of 2011.
When comparing last month to September of last year, closed sales were up 19.4% and pending sales increased 10.6%. Prices continue to inch up. The average sales price year-to-date of $272,200 is 2.9% higher than the average price at this time in 2011. Homes are moving quickly — over 20% faster than they were last year — and inventory stands at 4.6 months, with 6 months considered a balanced market.
To keep an eye on trends in your area, sign up for our exclusive Market Tracker report and you will receive a monthly recap by email, or contact a Prudential Northwest Properties real estate professional today.