Holding Firm Against the Tide | Realtor Magazine
Steady U.S. economic growth will help lift home sales moderately in 2016, but persistent inventory shortages will continue to put upward pressure on prices, holding back first-time buyers. That’s a thumbnail of the year ahead for home sales, according to NAR Chief Economist Lawrence Yun.
Home buyers are difinately feeling the pinch as they are trying to find homes to purchase. Portland and its surrounding areas found the lowest months of inventory in the month of Decmeber. What is the forecast like for 2016? click on this article for a glimpse of whats to come in 2016.