August's report shows listings falling and pendings rising compared to July 2020. The general lack of inventory is made dramatically clear on the 3rd page of the report, as you see the red line on Active Listings way below years past...and falling where we typically are rising.
The smoke slowed showings a bit this week, but business continues to function as we grapple with the new reality of wildfires that are stronger than ever. Climate refugees are starting to be a thing, as we see folks moving from places with water concerns. Overall, Portland continues to be a place to go to as opposed to go from.