Portland Real Estate is All Over the Place!! Rates Peak? Inventory Hits Bottom? Prices in the Red? A Foot of Snow?!!

  • The Average Sale Price is Up this week - but slid back into the red vs the same time period last year - Down 3.1%
  • Interest Rates held steady at about 6.375%  this past week but receded slightly this morning to 6.25%.   Buyer Demand seems to be Waning.
  • The Supply of Homes may have finally hit bottom with the first increase in the number of homes available to purchase in 18 Weeks.

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