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June Portland Metro Area Market Highlights

June Portland Metro Area Market Highlights

  Residential Highlights New listings (4,295) decreased 0.1% from the 4,298 listed in June 2021, and increased 11.5% from the 3,853 listed in May 2022. Pending sales (2,563) decreased 27.5% from the 3,534 offers accepted in June 2021, and decreased 17.9% from the...
Wondering what you can afford?

Wondering what you can afford?

In the charts below you will see that borrowing costs have risen 74% since January of this year, the second most significant increase in such a short span in over 30 years. The trajectory is incompatible with market pricing and wages.  Something will eventually give...