From November to December, the Portland Metro markets, including Washington, Multnomah and Yamhill County, saw an increase in months of inventory (MOI) in all price categories. The increased MOI reflects the decline in inventory. While December saw a slower real estate market with higher MOI, January has seen more Buyer activity while inventory has remained comparatively low.
The coming months promise a lower MOI with Buyer activity building. Even as inventory grows throughout the spring and summer, MOI is expected to stay low despite increased Federal Interest Rates as 2016 is forecasted to see … (0 comments)
washington county: Welcome to the 2016 Real Estate Market!
- 01/28/16 08:32 AM
In Oregon, the inventory of homes active on the market has remained low through December and January. For Sellers listing their properties at $399,999 or lower, it means lots of showing activity! However, many home Sellers are forestalling listing their property just yet due to limited inventory to choose from for relocating. However, for Sellers looking to sell quickly or who have already identified a property to purchase, it will remain a Seller’s market until inventory increases in the following months heading into spring. While residential listings remain low, Buyers looking to build still have extensive inventory to choose from in the … (0 comments)
washington county: Why You Need to Move to Oregon Today!
- 01/12/16 02:31 AM
Many people consider relocating to Portland, Oregon for several reasons. Do you love the close proximity to the famous Oregon Coast, St Helens, Mt Hood and more? There are seemingly endless acres of large forest available for hiking, fishing and camping. Furthermore, there are great attractions where tourists can visit including luxury villas for rent and sale. Real estate business has been doing very well in this region given its close proximity to social amenities as well as other entertainment facilities. This state sets the national bar for bicycle commuting/riding in lieu of cars, making it recognized worldwide as the innovators … (2 comments)
November's Months of Inventory for the Portland Metro Markets
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