HOUSING INVENTORY - NOV 2022 vs NOV 2021 for Portland, OR & surrounding cities! 📈🏡😀
Updated: Dec 3, 2022
The Housing Inventory in Portland, Oregon, and the surrounding cities is at its highest in years. Even the year-on-year growth is enormous, with the lowest being Happy Valley, at a 138% increase, and the highest being Beaverton, at a 697% increase.
Housing Inventory at these levels will not last for long. Mortgage rates are dropping, and the demand for housing isn't going away. This is a small window for buyers to purchase a home at list price or lower without the stress and competition of a more aggressive market. Unfortunately, most buyers will wait until they see a large herd of buyers head back into the market before they start their home-buying process, and by then, it's too late. The aggressive market will be back in play. Start your home search now if you're a home buyer looking in any of these 12 locations in Portland, Oregon, and the surrounding cities. Trust me, as a home buyer, you want to be ahead of the herd, not following.
See Homes for Sale by Location - No need to search. Results ready-to-go! 🏡🙋♀️
👉 https://www.homemadeportland.com/homes-for-sale-by-location
This video is part of a new series called Trend Watch, where I create a set of videos featuring the most critical Housing Market trends and run them every month so that you can understand how trends work and watch the changes month by month.
I hope you find this information helpful.
Please remember I'm always here for any questions. 😃
Take care, Sheryl