Sometimes you’re just in the right place at the right time.  I’d been thinking that it was about time to head out to the 2012 Portland Street of Dreams site in West Linn and happened to be somewhat nearby so decided to see how things are progressing.  Little did I know there was a free… Continue reading 2012 Portland Street of Dreams May Preview

RMLS has released the year end December 2011 Market Action report.  Portland Metro inventory is 5.3 months.  This is the lowest inventory level since June of 2007 (5.0 months).  Inventory is the ratio of the number of closed listings for a month divided by the number of active listings.  There are fewer closed sales and… Continue reading RMLS Reports Lowest Portland Inventory Since June 2007

When RMLS released the May 2012 Market Action report last month it was hard to ignore 4.2 months of inventory as being the lowest it has been post-bubble.  That 4.2 months represents the Portland Metro area, which for RMLS, is made up of a five country area.  Turning to the second page of the report,… Continue reading “Local” Portland Inventory Lower then “Metro” Portland