Core Logic Portland Area Home Prices Up 12 Point 4 Percent In March From A Year Ago

Dated: May 6 2014

Views: 360

Home prices rose in the Portland area and across the U.S. in March even as home sales failed to meet expectations.

The data firm CoreLogic said U.S. home prices were up 11.1 percent in March from a year earlier, and 1.4 percent compared to February.

Prices rose faster in the Portland metro, which saw a 12.4 percent increase year over year and a 1.3 percent increase in March.
The home-price hikes came in a month when sales of both new and existing homes were weaker than expected. Mark Fleming, CoreLogic's chief economist, said sellers are staying at the sidelines while willing buyers can't find homes that meet their needs. Read More Here...
cb
Blog author image

Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 30 years in the industry, Mark has gained experience in ....

Latest Blog Posts

6 Projects To Banish Boredom From Your Yard

We're all about indulging in Starbucks' latest seasonal concoction or this season's "it" bag. (OK, maybe a knockoff version of this season's "it" bag.) Trends are just plain fun — and they keep

Read More

How To Renovate Tight Living Quarters Without Cutting Corners

If you live in a small space, you’re used to having to come up with clever solutions to maximize your home’s potential. So whether you’re looking to renovate a studio apartment or small house,

Read More

Are You Making One Of These 7 Landscaping Mistakes

You can just picture it: a pretty cottage garden overflowing your front yard, with tons of heavy, scented blooms.Well, at least you can picture it with your eyes closed. With your eyes open all you

Read More

Fannie And Freddie Set Dates For Their New Refi Option

The Federal Housing Finance Agency didn’t have a set date for its new refi option targeted to low-income borrowers when it announced the program last week. But on Wednesday, both Fannie Mae and

Read More