During 2018, home values increased nationally by over 5%! In our area Portland Metro we saw saw average gains of 5.62%. The largest gain was Yamhill County at 10.1% with Lake Oswego under 1%. If you
Is Portland Heading Towards Another Housing Bubble
Is Portland Heading Towards Another Housing Bubble? - No!
One of the causes of the housing bubble 10 years ago was the increase of housing inventory to a 10-12 month supply. This over supply caused prices to fall. Today in Portland we have a 3.1 month supply of homes for sale, nowhere near the amount we had pre-bubble! Let's chat about what that means in our market.
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