Are we out of the Real Estate slump in Portland?

What a way to start Blogging on my new website. It could not have been better than sharing with all of you that the Portland Real Estate Market seems to be moving in the positive direction. 

The 7.8% increase in the median sale price in July 2012 compared to the same month in 2011 should light up all our faces!

Not just the sale prices, but the number of new listings also went up compared to July 2011. June saw more listings compared to July but that is expected (due to the start of the summer season)

What I also find most interesting from this report is that the TMT (Total Market Time) sees more of a downward trend than expected which is great for us Portlanders!

Check out the full article here …