Demand for Portland houses nearly outstrips supply


A house for sale in Portland, April 25, 2016 (KOIN)
A house for sale in Portland, April 25, 2016 (KOIN)

PORTLAND, Ore. (KOIN) — The Portland housing market isn’t for amateurs. Homes are selling for thousands of dollars more than the listing price, sometimes in cash.

Keller Williams real estate agent Andrew Berlinberg told KOIN 6 News the inventory of homes for sale is the lowest the city has seen since 1999.

“If no more houses went on the market and the pace of sales continued the way they are, we’d run out of houses in less than a month-and-a-half,” Berlinberg said.

A neighborhood in Southwest Portland, April 25, 2016 (KOIN)
A neighborhood in Southwest Portland, April 25, 2016 (KOIN)

Jessica Ramseier and her family just sold their home in Southwest Portland.

“We just

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