Industry News

Lack of homes for sale weighs on Portland-area real estate market

By Elliot Njus, The Oregonian/Oregon Live

Seattle isn’t the only Pacific Northwest city currently experiencing a shortage of inventory.

“A short supply of homes for sale is stifling activity in the Portland-area real estate market. Despite a competitive environment where certain homes are still attracting several offers, sales for the year through August have dropped 2.7 percent compared with 2016, according to new numbers from the Regional Multiple Listing Service.”

Click here to continue reading.

Related posts

The best places to buy a vacation rental for short-term rentals

jlspr

Portland behind other U.S. cities in home price rises

jlspr

Amazon considering moving some employees out of Seattle

jlspr