January 2016 real estate activity numbers are in for the Portland Metro Area. Listings are up. Barely. The Portland metro area bounced back the tiniest bit in January 2016 from an abysmal 1.2 months of inventory in December up to 1.8 months of inventory by January. As a reminder, a well-balanced market contains about six […]

December 2015 real estate activity numbers are in for the Portland Metro Area. How are we doing? Well, Portland, it seems we have reached a new low. Low inventory, that is. Housing inventory fell to just 1.2 months of inventory on the market. For context, we have not seen inventory this low since 1999 in […]

June 2015 numbers are in for the Portland Metro Area’s real estate activity. Let’s take a look. For the sixth straight month of the year, housing inventory crept down: Just 1.6 months of inventory in June. As mentioned previously, a well-balanced market contains about six months of inventory. The market remains an exceptionally strong seller’s […]

May 2015 numbers are in for the Portland Metro Area’s real estate activity. Let’s take a look. While anecdotally May is a month where we expect to see inventory creep up for the spring selling season, this year the inventory dropped for the fifth month in a row: Just 1.7 months. You will recall that […]