A market update for Fall 2017.
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Summer has arrived and the face of the real estate market in Portland has slightly changed from the fast-paced spring market. We're still seeing major growth in Portland's population, low inventory, and fierce competition on some listings, but we are also starting to experience some price reductions and more days on market around the Metro area. Kenny Yoder, owner and Principal Broker at HTR, gives a market update and his opinion on why a buyer should think big picture in this seller's market.
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January Residential Highlights The Portland metro area started the year with a little mixed activity this January. New listings (2,212) rose 55.7% from December (1,421) but fell 12.2% short of the 2,519 new listings offered last year in January 2016.
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A look at the end of the year statistics.
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