Despite more inventory for buyers, demand keeps Salem’s housing market unbalanced

Housing inventory is climbing in Salem, but it’s still below what a balanced market would see.

With over 700 listings as of the end of June, Salem’s active housing inventory has rebounded after seeing a steady decline since last summer, Willamette Valley Multiple Listing Service data shows. Over 300 homes were newly listed during the month of June.

OnPoint Community Credit Union mortgage loan officer Dustin Johnsen said more inventory empowers buyers because sellers must…