RMLS Market Action for March 2011 in the Portland Metro area shows  some strong gains from February.  Inventory dropped 35% from February to 7.1 months.  I’ve updated the tracking of the local Portland RMLS areas and what is most striking is that North, Northeast and Northwest (Washington County) Portland have inventory levels below six months… Continue reading RMLS Market Action: March 2011

There is no simple or necessarily correct answer so I hope people will comment. Some ideas are pure conjecture or maybe better put an educated guess. There is no doubt that the devistation caused by Katrina is horific but the real estate market (and the economy as a whole) may benefit in the coming years.… Continue reading What Will Kartina do to Portland’s Real Estate Market

Portland real estate housing inventory has been roughly between 10 and 11 months for the last eight months with the exception of December’s blip.  The general thought is that six months is equilibrium between a buyer’s and seller’s market so we’re still a buyer’s market by that standard.  Whether or not you should list your… Continue reading RMLS Market Action February 2011