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August 2020 - Market Action Report - Portland, OR

9/18/2020

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of August 2020.  Click on the image below to see the full seven page detailed report.
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Home inventory remains very low at 1.3 months.  This is the length of time that it would take to run out of houses to sell if we continue selling at the current level without listing additional homes.

The year-to-date median sales price is UP 4.9% over this same period last year at $430,000. 

August 2020 vs July 2020
New Listings are down 8.3%
Pending Sales are up 1.1%
Closed Sales are down 7.1%


August 2020 vs August 2019
New Listings are up 3.4%
Pending Sales are up 26.2%
Closed Sales are up 8.5%

Homes are typically selling in week quicker than August last year.
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5 Simple Tips To Keep Your Identity Safe

9/15/2020

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​Recovering from identity theft can be tough. There are easy steps you can take each day to keep your identity safe and secure. The information below outlines a few best practices to help keep your personal information from falling into the wrong hands in-person or online. You’ll also find some trusted credit monitoring services if you want some back-up security. We hope this information helps you avoid identity theft and find more peace-of-mind in your daily life!
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How to Avoid Phone Scams

9/1/2020

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Studies show that unwanted sales calls, robocalls and outright scam calls are on the rise. Between the extended tax season and COVID-19 pandemic, scammers had many reasons to call this year, and they’re not stopping yet. So how can you tell which calls are legitimate, and which ones are better off sent straight to voicemail or even blocked?

To help you spot these phony calls, we compiled a few tips, so you’ll never have to fall victim to scammers or illegal sales tactics. The information we're sending this month contains common types of phone scams and offers best practices for handling calls that look like they are from your bank or another local number but may actually be scammers. You’ll learn where to report illegal scams and robocalls and what Apps you can get to block pesky spam calls.

These tips will help you protect your personal information and give you one less thing to stress about in 2020. As always, if we can assist you or your family in any way to protect you from these common scams, we're here for you!
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  • Home
  • About Us
    • Mission Statement
    • Rick McDowell
    • Jimmy McDowell
    • Becky Shaw
    • Client Testimonials
  • Sellers
    • What's My Home Worth?
    • Selling a Home in an Estate
  • Buyers
    • Preferred Lenders
  • Our Listings
    • Listing - Gales Way
  • Home Search
  • Resources
    • Preferred Lenders
    • Business Directory
    • Client Survey
    • Farmington Gardens 2022
  • Blog
  • Contact Us