Tualatin Real Estate Market Conditions & Reports, Tualatin Market Trends, Oregon

Market Commentary Provided by Bob Zimmerman
Today’s economic environment is an ideal time for buying a home for many reasons. It’s still the best long term investment for individual households. Interest rates are historically low, inventory levels are high and home prices are down. First time home buyers can get a tax credit of $8,000, restrictions apply, check with your accountant. The higher your credit score the better your mortgage rates will be. Check with your mortgage consultant for rates and the latest loan programs.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Bob Zimmerman
Prudential NW Properties
Sherwood, Oregon
503-730-2135
bzimmerman@prunw.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

More than 120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$450,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Tualatin is

Seller Activity for the past 90 days in Tualatin is

Is Financing Available For Qualified Buyers in Tualatin?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Other

Average Sold Price

$450,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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