PortlandMetroLive.com

How rotten is the state of the U.S. housing market? A foreclosed home for every single person currently living in Denmark still wouldn’t exceed the number of homes expected to be foreclosed on in the U.S. by the end of 2013, according to data from one Federal Reserve President. All told, roughly 5.6 million homes …

December Residential Highlights Sales activity in the Portland metro area continued to show improvement in closed and pending sales when comparing this December to the same month a year ago. Closed sales experienced a 10.3% increase, while pending sales saw growth of 19.3%. However, there were 11.7% less newly listed residential properties. Month-to-month, closed sales rose 6% (1,521 v. 1,612) when compared …

Average Days to Foreclose Up to 348 Nationwide; Over 800 Days in NY, NJ and FL Annual Activity Down in 45 States; Nevada, Arizona, California Post Highest Rates IRVINE, Calif. – Jan. 12, 2012 – RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its Year-End 2011 U.S. Foreclosure Market Report™, which shows …

The average rate on the 30-year mortgage stayed near 4 percent for the third straight week, just above the record low. But cheap mortgage rates have done little to boost home sales or refinancing. Freddie Mac said Thursday that the rate on the 30-year loan ticked up to 4 percent from 3.99 percent. Six weeks …

Portland area home prices fell to an average of $258,700 in October, a 6.5 percent drop from one year ago and a 3.5 percent drop compared to the prior month. The Regional Multiple Listing Service paints a mixed picture of the residential real estate market for October, confirming that the summer buying season and its …

Just your luck — you have to sell your home in winter, the slowest and dreariest sales season of all. But cheer up. You can use staging, the reduced competition and some seasonal opportunities to your advantage. “You wouldn’t necessarily choose to sell your home in winter,” says Katie Severance, a broker for ReMax in …

Foreclosure filings jumped 22.9 percent in Oregon and 23.6 percent in the Portland area during the month of October. The numbers are still down from the same month last year — a 3.6 percent decline for Oregon and an 8.1 percent decline for the Portland area. But California real estate data firm RealtyTrac, which released …

One in 39 Portland-area houses with a mortgage was in foreclosure in August, and the metro area’s foreclosure rate of 2.61 percent was nearly half a percentage point higher than the same month a year ago. The figure, released by California analytics firm CoreLogic, reflects the percentage of homes in foreclosure among all outstanding mortgages …

The average rate on the 30-year fixed mortgage was nearly unchanged this week after rising sharply last week. Freddie Mac said Thursday that the rate on the 30-year loan edged down to 4.11 percent from 4.12 percent last week. The week before, it fell to 3.94 percent. That’s the lowest rate ever, according to the …

That’s what the Metro Council dictated nearly a decade ago, when it declared a massive amount of land around the small Clackamas County town open for development. For the most part, that acreage is still as idle as it was when Metro satisfied state land-use law in 2002 by including it in the region’s urban …