January, 2016: Portland Housing, Economic Update

From the Article: ...will bad news from Wall Street and Asia rain on Portland's parade or will the distant rolls of thunder merely echo nay-sayers beating the drum of chimerical doom & gloom? Despite recent upsets and a dismal start to the trading year on Wall Street, home-buyers in Portland, Oregon remain extremely bullish on the local real estate market. International issues such as China's burgeoning debt crisis along with foreign trading markets being flooded with newly available petroleum energy have led to record stock-market volatility; with many sources noting that the new 2016 fiscal year is the worst on record for many stock exchanges worldwide. In contrast, factors such as local job growth and strong demand for Portland's unique "Northwest" lifestyle mean that homes throughout the metro area are…
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