Simple and sweet statistical overview below:

Inventory levels in the overall Portland Metro area are at a 3+ year low with just a 5.3 month supply in the month of December 2011. The Portland Metro area had 1,612 closed sales last month and 1,443 accepted offers. For the entire year of 2011 there were 19,682 closed sales!

So... the business is out there, people are still buying and selling homes in this market. Are you positioned to take advantage of this?

For a more in depth view, click on the link below to read the December 2011 RMLS Portland Metro Area Market Report for yourself.

Metro Portland, Oregon RMLS Market Action Report - December 2011

As always, feel free to contact me at DonnRasch@comcast.net or 503-658-5000 if you have any questions or if I can be of service to you.

Cheers,

Donn