Statistics can be dreary!  On the other hand, number crunchers (like myself) often enjoy tracking local Portland Oregon market stats, especially when there’s a bit of good news!  Year to date compared with 2008, of course, our sales are definitely down with May 2009 down 7.4% over May 2008 and closed sales decreased a whopping 23.4%.  But, in our present real estate market, last year is “ancient history” and really going back more than 3 months is an exercise in futility and exasperation.  So, compare May 2009 with April 2009 and pending sales increased 5.9% and closed sales rose 9.6%!  And, again inventory in months dropped from 11 months to clear existing inventory to 10.2 (and down from 19.2 months in January). So, hey you’ve got to take the morsels and glimmers of the positive where you can!!  It’s more than likely going to be a slow and calculating housing recovery and patience will be a virtue.  For the full report go to:  http://bit.ly/MayMarketStats

About the Author | Janeese Jackson

• More posts by Janeese Jackson

My job is service...service to you and your real estate transactions! How can you benefit from my 20 years of experience and expertise? What can I offer to make the process more productive? * Current information on available housing...comparative and competitive market pricing and analysis * Daily involvement in the local real estate marketplace * Thorough, comprehensive knowledge reflecting years of helping others complete their real estate business * Extensive network of professional resources to make the process as smooth as possible My commitment is to you! Being available to you...returning your calls...answering your questions...addressing your concerns...respecting your money...matching your timeline...meeting your expectations...helping accomplish your real estate goals!!