Wednesday, April 8, 2009

Portland Housing Resources


The Portland Housing Blog is great for a number of reasons. I, for one, enjoy the graphic elements, (aside: Is that weird? The aspect I enjoy most about a RE blog is the graphs?) along with the level-headed analysis, the site is a must read for those looking for detailed information. They cater to the "in the know crowd" and therefore might not be appreciated by the casual viewer. However, I do feel that there are posts that benefit even those just interested in the Portland estate environment. I intend to point those posts out here


Below, I've included a couple of their graphs, and a link to their post on the recent release Case-Schiller Index



"The graph (above) highlights the changes since the Federal Reserve stopped lowering interest rates in June of 2003. The Portland index is currently at 153.80; a decline of 17.5% since the market peak. The last time the index was this low was August of 2005."



"The graph(above) shows all historical data for Portland, Seattle, and the 10 city index. The Portland residential real estate market has fallen 14.0% in the last year."

"The final graph shows the year over year percent change since June of 2003."
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