Nationally, house price growth has been about 3 percent per year. LA and San Francisco are also at about 3 percent. Phoenix and Las Vegas have (obviously) come back down to earth. Portland is obviously a high-flier, but it had a dramatic regime shift in land use planning.
Indeed, Portland's Urban Growth Boundary has probably been the biggest contributor to our relatively subtle housing market dip. Already things are on the up, with our agents witnessing multiple offers and above-asking price bids in the 250-450k range.
ReplyDeleteKatie
http://mportlandrealestate.com
It's nice that you put it as a graph.
ReplyDeleteBoise real estate
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