Portland Real Estate Market Improving Again

Portland Real Estate Market Improving AgainPortland has returned to the National Association of Home Builders list of improving markets, joining 75 other metro areas added to the list this month after Freddie Mac released new pricing data.

The index includes cities that have shown six month of improving employment, new home construction and home prices. It now includes 201 metros.

Portland has had an on-again, off-again relationship with the improving markets index thanks to shaky home prices reported by the government-sponsored mortgage buyer Freddie Mac. The index now shows home prices reached their low point in January, and have since rebounded 9.6 percent.

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Authored By Elliot Njus – See the Full Story at Oregon Live

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