Housing supply still low

| Print |  Email
Must Reads
Wednesday, January 16, 2013

Portland-area home listings dropped by 29% in the first two weeks of 2013 compared to 2012.

The 1,225 homes listed in the first 14 days of 2013 is just over half the number in the same period of 2010.

It has been a frustration for would-be buyers, who have found there are few houses to choose from. The competition has led to multiple offers and bidding wars, some of which escalate prices to a beyond the homes' appraised values.

Read more at OregonLive.com.

{biztweet}housing portland{/biztweet}

 

Comments   

 
Guest
0 #1 Bank owned property...Guest 2013-01-17 01:30:04
If the bank owned property would become freed up, there are plenty of properties that would be available property for first time homeowners. There is money available to renovate their property it would be their dream come true. There are over 1,000+ plus homes in the inventory of banks that need new home. Financial institutions can share a little kindness to those who want a opportunity of homeownership, if they would just let go and let it happen. Those as myself included want to have a piece of the pie and we would have it if we were able to: "own our own" that is our dream home!
Quote | Report to administrator
 

More Articles

OB Poll: Wineries and groceries

News
Friday, October 24, 2014

24-winethumbA majority of respondents agreed: Local vineyards should remain Oregon-owned and quality is the most important factor when determining where to eat or buy groceries.


Read more...

Corner Office: Pam Edstrom

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits of information from an agency partner and co-founder of Waggener Edstrom in Lake Oswego.


Read more...

Top stories in 2014

The Latest
Thursday, December 18, 2014
10-listthumb

2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.


Read more...

Tackling the CEO-worker pay gap

January-Powerbook 2015
Thursday, December 11, 2014
BY OREGON BUSINESS STAFF

An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.


Read more...

See How They Run

January-Powerbook 2015
Friday, December 12, 2014
BY LINDA BAKER

Studying ground-running birds, a group that ranks among nature's speediest and most agile bipedal runners, to build a faster robot.


Read more...

The short list: Holiday habits of six Oregon CEOs

The Latest
Thursday, December 11, 2014
121214-xmaslist1BY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask business and nonprofit leaders how they survive the season.


Read more...

Free Falling

Contributed Blogs
Thursday, December 18, 2014
121714-oilprice-thumbBY JASON NORRIS | OB CONTRIBUTOR

The implosion of the energy complex: The best thing for low oil prices is low oil prices.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS