Now Playing:

Stand for independent journalism
and powerful storytelling.

contribute now OPB


Think Out Loud

Is the Housing Market Coming Back?

Pete Springer/OPB

Is the Portland housing market beginning to turn around?

Analysts are taking up that question with the release of a new report from the Regional Multiple Listing Service. The bad news is that the organization’s data show the median house price in the Portland metro area fell another 7.9 percent to $221,000. Home sales totaled $5.2 billion in 2011 — an 11-year-low.

But the data also show an 4 percent uptick in the number of homes sold in the Portland metro area, which may be a sign of a recovering market. Additionally, the ratio of closed listings to active listings is at its lowest point since June 2007, a sign that the buyer’s market could be the best it’s been in nearly five years.

Are you trying to buy or sell a home? Are you having any luck? What questions do you have for real estate experts about housing markets in Oregon?


housing portland real estate recession

More Think Out Loud

More OPB

Join the Conversation

Send Think Out Loud A Message

OPB has updated its privacy policy. You can find details here.

Also This Hour

Whatever Happened To. . . Google+

OPB | Broadcast: Jan. 19, 2012

Weekend Look-Ahead

OPB | Broadcast: Jan. 19, 2012