Metro Area Housing

economy, Portland Home Values
The Metro Area Housing Market appears to be in a state of flux; with outlying areas still seeing price declines while more centrally located neighborhoods are seeing less declines, or even flat or increasing price trends. The question on many minds is whether pricing pressure from the suburbs will exert downward pricing pressure on centrally located neighborhoods and if so how much will this affect prices and overall market stability? sadly, we won't really know for sure until it's history but many speculate that certain neighborhoods may still be overpriced. Also adding convolution is the dynamic nature of housing. While some real estate agents in Portland proclaim that prices are increasing (Average Sale Price) other Brokers are quick to point out that the houses that are being sold now are…
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