We had the strongest May for new listings since 2008. Average days on market decreased by 5 days from April 2018. Inventory remains abysmally low.
Rising interest rates? That does not seem to be stopping determined buyers one bit. Anecdotally, colleagues and I are seeing more former rental property hitting the market, especially in Portland proper.
If you have any market questions, call me. I am a local expert and resource.
