Home Sales Jump In February But Snowstorm Weighs Down Pending Sales

Dated: 03/17/2014

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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 25+ years in the industry, Mark has gained experience in....

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