A Bounce? Hardly, but it does seem to be trending…..not down…

…..We’ve finally been seeing a fair number of foreclosure units hit the market, and there’s been some real velocity around REO’s this last month. (In the Hood River market) I’d have to say…..I’m feeling pretty positive. The activity has waned, but the Buyer’s lists are pretty full across all our brokers, and everyone is moving about, that’s for sure…..

It’s not like it’s a recovery, but after last years dismal numbers, (in terms of units closed) how could we NOT see something of a volume bounce? We are off to a good start in that direction, however.

Let’s see, interesting things from Hood River this month…..Well, we’ve had one heck of a storm this month, and it pretty much drove all business to a standstill for a week. We are just now uncovering, but there was a substantial amount of damage to trees around town….
The rental market remains tight, and it appears that Insitu is hiring again, because we’ve had a bunch of people call looking for rentals this last few weeks.

Late last month, they announced that they would be staying in the area, and specifically, remaining in Bingen. Great news really, as they have been a strong employer for this region during tough times.

We launched a new website this last week as well. Updated, and using some really cool features, including Chat functionality, and a great set of preset searches that leverage a couple of items from the IDX database, like the ability to see the most recent price reductions by area, and newest properties, by area….It’s a great way to keep casual tabs on the marketplace!

And finally, and I’m now begging you…. go to our Facebook site and like our page! I’ve been posting more and more to that than anyplace else….it’s like having your own personal Real Estate clipper.

Prices seem stable, to slightly upward, same with volume and the Sellers have recovered quickly, hoping to hold out for better dollars closer to summer…

Listings are starting up again, the weather, while terrible, seems to be lightening up, and the days are getting longer…..time to get into spring cleaning mode!