Monday, May 19, 2008

Oregon appreciation continues to buck national trends.

Februrary 16, 2008 - The National Association of Realtors® today released the data for Q4 of 2007, and once again, the Portland metro area showed growth while other markets continued to fizzle - showing a quarterly price appreciation of 1.8%. Although price remains strong, January posted a record housing inventory for the area - which indicates excellent buying opportunities as sellers compete for buyers. Sellers will need to get more aggressive in marketing their homes, as price doesn't appear to be the primary motivating factor.

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