Portland Business Journal Reporter Jon Bell recaps MLS data numbers to reveal a slight increase in days on the market. PBJ showcases a slideshow of 31 neighborhoods with 30 days or less of inventory. Also mentioned is an increase in days on the market, a few more days on the market could be attributed to negotiation tactics. Sellers holding off from seeing offers for a week to market their home longer and increase the chance of multiple offers. In my opinion, any market with one month or less of inventory is still a hot market.
Hottest ‘Hoods: The 31 Portland areas where homes sold the fastest in Q2 2017Don’t tell prospective buyers — who might be frustrated to see their dream home hit the market only to be snatched up a few days later … Hottest ‘Hoods: The 31 Portland areas where homes sold the fastest in Q2 2017 – Portland Business Journal
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