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.
3 comments:
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.
Katie
http://mportlandrealestate.com
It's nice that you put it as a graph.
Boise real estate
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