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Portland Inventory Report by Zipcode – Year End 2008 - 12/22/08 06:32 PM
Here is your Year End 2008 update to inventories by zipcode. This shows which parts of town and which types of property are selling and which ones are sitting. Inventory is figured in months with 6 months being balanced, less than 6 months favoring sellers and more than 6 months favoring buyers. If I missed your area just let me know and I'll add it in. Trend: Detached homes close in are holding at a seller's market level of inventory with many sellers waiting until Spring to list. Condo inventory continues to go up in many areas due to more constrictive
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Does weather affect the market? ...and what you can do about it! Part Two - 12/16/08 11:24 AM
Well - In a word, YES. We are in for a cold week here in Portland and it will definitely affected the number of people that are getting out there and looking at houses. We've also had a very small amount of new listings hit the market in December which means there really isn't much class A inventory to look at right now. If you have a unique or nice close-in home you'd likely be pleasantly surprised by the speed of the market for good homes right now. So back to the issue of what you can do about the weather:
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December is for investors + first time buyers... Version 2 - 12/10/08 07:31 PM
I was looking through my archive when I found this post from last year. I think it is just as appropriate this year so I'm going to re-post it with updates for this year in italics. It's that magical time of year where most people are planning for trips and telling their clients the market is slowing down. Historically December is the slowest month for pending sales here in Portland but this has never been the case for my business. December is always a sprint from start to finish for two big reasons; Investors and first time buyers. Same story this
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Nick Krautter
Portland,
OR
More about me
Keller Williams Realty / Portland Central
Address: 700 NE Multnomah, Suite 950, Portland, OR, 97232
Office Phone: (503) 748-8206
Cell Phone: (503) 901-8100
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