Archive for February 2nd, 2007

Hugs and Kisses for Portland’s Real Estate Market

ValentineOn the fortnight of Valentine’s Day, Portland’s real estate market gets a little love from the national press.

In America’s best and worst housing markets, Forbes and MSNBC report on Portland’s 12.3% increase in home price appreciation for the 3rd quarter, lauding it as one of the country’s hot real estate markets–along with Seattle, WA and El Paso, TX.

I reported that the average sale price was up over 14% when comparing December 2006 to December 2005. The Associated Press also highlighted Portland’s optimistic real estate future recently.

If real estate press clippings, recent market activity, and the overall buzz of home searches and phone calls are any indication, the spring is shaping up to be a lively market. Are you ready?

Photo by Today is a good day.

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