Read the whole article originally written at https://pamplinmedia.com/pt/9-news/286607-163293-metros-ugb-decision-will-have-impact-on-canby

Brown said residential real estate development projects here have consumed on average about 45 vacant plats per year for the past 10 years. In 2015, Canby’s planning department issued 63 residential single-family home permits, most to Stafford Land Company, Pacific Lifestyle Homes and Oregon Development West, the companies building the six subdivisions.

Stafford Land’s Rick Waible said there is plenty of opportunity to add to Canby’s real estate inventory, and observers say it is needed. Canby has less than two months-worth of housing inventory — the average time a home stayed on the market in Canby recently was about 31 days, said Gina Hosford, a broker for Better Homes and Gardens who focuses on Canby.

 

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