Half the Homes for Sale in Portland are Vacant

Posted on 10/25/10 12:59 PM

There are currently about 4,800 homes for sale in Portland (city limits). Roughly 50% are vacant, probably more by the time you include homes that are technically vacant but are marketed as “occupied”.

Vacant homes are a double negative for sellers:

1. Buyers have a hard time visualizing what it would be like to live in a home that is empty, which ultimately leads to reduced demand for a vacant home.

2. A vacant home produces no income or other benefit for a seller.

In order to put an end to the double negative syndrome, sellers are frequently more motivated to sell. This can create some interesting opportunities for buyers. Consider some of these vacant homes for sale in Portland:

Selected Vacant Homes For Sales In Portland:



Contact Agent503 to find out about vacant homes for sale in these and other Portland neighborhoods.