Home Sales Jump In February But Snowstorm Weighs Down Pending Sales

Dated: March 17 2014

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February brought an increase in Portland-area home sales, along with a jump in prices. But it also saw a dip in contracts for future sales, perhaps due partially to a winter snowstorm that hammered the region.According to numbers released by the Regional Multiple Listing Service on Wednesday, 1,467 Portland-area homes traded hands in February. That’s 6.6 percent more transactions than a year earlier and 5.1 percent more than in January.But the number of home sale contracts reached in February dropped to 1,848, a decline of 13.2 percent from a year ago and 8.8 percent from January. Read more...
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Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 30 years in the industry, Mark has gained experience in ....

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