Portland Real Estate Market, February 2023
January 20, 2023
As we head into February 2023, we’re seeing the stabilization of a falling real estate market in Portland, Oregon. Fall 2022 was brutal for home sellers as inventory far exceeded the number of available buyers (due to so many dropping out with the higher rates). As we moved to the end of 2022, there were less sellers than normal listing their home on the market, and while some homes sold others cancelled entirely. The holidays have a wonderful effect on the Portland real estate market every year. The season wipes out excess inventory and sets up the market for a good spring. The reason why spring is typically always the best time of the year to sell a home is...