Portland Inventory Report | October 2009

by | Oct 1, 2009 | How to Guides, Uncategorized

PORTLAND INVENTORY PLUMMETS

For yet another consecutive month Buyer demand is absolutely devouring the available inventory in Portland. First time buyer inventory, under $250,000, is now under 3 months. Effective first time buyer inventory is now just ONE MONTH. I define effective first time buyer inventory as FHA financeable, non short-sale and under $250k. In Portland only 805 residential active properties fit this definition and there are currently 768 pending [up from 660 pending last month] PORTLAND INVENTORY REPORT 100109

INVENTORY 100109

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