As Much as 60% of Inventory at Some Condo Buildings Qualifies as Desperate

With little new inventory hitting the market this time of the year, an increasing number of units are sitting on the market—vacant.  Portland's Desperate Sellers Database now includes almost 200 such properties and reports that as much as 60% of the inventory at some condo buildings qualifies as Desperate. Both the Meriwether and the John Ross have been hit hard, but a number of buildings in the Pearl haven't been spared either. Find out more here.


about the author...
Agent503

Tom Heinicke is Agent503. Tom's mission is to assist Portland's home-buyers and investors in the acquisition of residential real estate at attractive prices. To this end, Tom has developed a sophisticated set of tools to identify the best deals in the area. Having worked as an analyst for several Fortune 500 companies, Tom applies a rare more...

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