An article published today on MSNBC now rates Portland, Oregon #2 on the list of "Ten major housing markets with the shortest supply of homes".

The Rob Levy team has noticed inventory dropping a lot, especially in close in areas of SW, NW, NE and SE Portland, but its also spreading out to other areas as well priced homes in good conditon in Beaverton and other western suburbs are also hot right now.   The key is having your home "show ready", meaning not cluttered, nice and clean and ready for showing anytime.  

Check out the article, its interesting to see what other parts of the country are also low on inventory.