Hillsboro Real Estate Market - View Hillsboro Real Estate Market Trends in Oregon

Winter 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Hillsboro. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 503-803-0562
Average Home Price	$200,000 - View Graph Trend

Average Price Compared to Last Year	Down 5-10%

Average Time on Market	More than 120 days

Best Selling Price Range	$150,000 - $199,000

Worst Selling Price Range	$750,000 - $799,000

Prices As % of Asking Price	95-100%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	No Change

Buyers’ or Sellers’ Market	More buyers than sellers

Buyer Activity for the past 90 days in Hillsboro is	Increasing

Seller Activity for the past 90 days in Hillsboro is?	No Change

Multiple Offers?	Yes

Multiple Offers Commentary	We are seeing a flurry of activity in the market based on the fact that many buyer’s are trying to secure homes before the private mortgage insurance increases and also taking advantage of low interest rates

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	35-40%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	Yes

Housing Inventory	Good supply - Some Prices

Greatest Activity	First Time Buyers

Reason to Buy/Sell	Job Growth

Nearest Metro Area	Portland

Housing Hot Spots	Most cities within the Washington County area are considered ’Housing Hotspots’ Some other great areas are Orenco, Jackson School, Jones Farm, Rock Creek, Frances Park and Bald Peak.

Average Sold Price	$200,000 - View Graph Trend

Hillsboro Local News

News for Hillsboro, OR - June 9th, 2011 10:42am
Summer is heating up in more ways than one! We are starting to see activity in the real estate market with a few multiple offers springing up and homes getting sold very quickly. Interest rates are low and housing prices may have hit bottom. It's a great time to buy. Call me at 503-803-0562 for a FREE buyer consultation.

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Barbara Nelson

503-803-0562

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Mortgage Rates

– Feb 15th, 2012 –
---------------------------------

30 yr. fixed rate: 3.87%
15 yr. fixed rate: 3.18%
30 yr. jumbo rate: 4.69%
15 yr. jumbo rate: 4.00%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Hillsboro Real Estate Market Trends – Oregon

Hillsboro Real Estate Market Conditions and Trends