What is going on with Coronavirus & Portland Real Estate Inventory Ep 4

Today we are looking at the week of March 29th. We continue to see pending home sales decrease. Accepted contracts dropped by 9% from 385 to 352.

New listings saw a slight increase of 7% from 405 to 435. 17% of the homes listed for sale last week went pending their first week on the market.

As of April 8th, there are currently 2,711 pending home sales and 3,721 active listings in the Portland metro area. More opinions and commentary can be seen in the video.

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