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Portland's Real Estate Market - Are Things Really Looking Up for Sellers?!

Posted by Lauren Perreault on Wednesday, February 15, 2023 at 2:50:12 PM By Lauren Perreault / February 15, 2023 Comment

Over the Past 4 Weeks, the Average Sale Price has Increased - pushing the metro area back into the black vs the same time period last year - Up 0.9%.
Interest Rates for the 30-year fixed conventional mortgage bump up to the 5.75% - 5.875% Range this week.
The Supply of Homes buyers have to choose from Decreased another 4% this week. Buyer Demand surged Up 11% vs the previous week.