Portland Housing Inventory is at Record Lows 2013
April 24, 2013
Can’t find a home? You’re not alone. Believe it or not, there are half as many (about 6,000) homes for sale in Portland this spring of 2013 verses the Portland housing inventory in spring 2011 (about 12,000 homes for sale). Multiple offers are becoming the norm in hot areas for any home that is priced at previous market prices. Across the board, homes are selling faster and for more in Portland. Now more than ever, you need a great Portland listing agent that can maximize the multiple offer situation or a Portland buyer’s agent who knows how to win in a multiple offer situation. Why are we seeing record low inventory in Portland? 1. Home builders in Portland have been...