America's Best and Worst Housing Markets - Portland Oregon Placed #4 in Best Housing Markets!
Forbes magazine analyzed monthly declines as well as year-over-year declines in home prices.
The data used was released Feb. 24 from the S&P/Case-Shiller home price index, 20 cities were examined in the U.S. on the basis of how fast home prices are falling, whether or not that descent is picking up speed or slowing down, and how many months of lost equity homeowners have endured.
With these figures in mind, it determined the 10 best and the 10 worst U.S. housing markets. Here they are::
10 Best
New York City
Washington, DC
Charlotte, N.C.
Portland, Ore
San Diego
Denver
Boston
Dallas
Los Angeles
Seattle
10 Worst
Las Vegas
Phoenix
Detroit
Minneapolis
San Francisco
Chicago
Cleveland
Atlanta
Tampa
Miami
Source: Forbes: Matt Woolsey (02/24/2005)
As leading Realtors serving the Portland Metro Area with a special focus on Sherwood Oregon where we live and our John L. Scott office is based, this is news that does not come by surprise to us. In fact, we've continued to provide supporting facts of the positive in our economy whether it be in conversation with our clients and community, in past posts featured here on our blog and more importantly through results we deliver in real estate. Each successful real estate sale in our local market is a testimony to our housing market.
With Sherwood Oregon being one of the most desirable suburbs outside of Portland Oregon, one of Oregon's fastest growing cities and renowned title holders of CNN's Money Magazine Top Places to Live in the Nation for 2007, Sherwood is sure to see continued benefits of being one of the best places to live.
For more information about Sherwood living or living in the surrounding areas you can CLICK HERE to start viewing all properties available in the MLS. If you have any questions or are looking for a Top Producer to represent your real estate needs, contact Jason Gardner directly at 971-832-1234, email jasongardner@johnlscott.com or visit our site at www.thegardnerteam.net
Committed to YOUR Success,
Gardner Team Real Estate | Awarded TOP 1% Producer Nationally. #1 in Sherwood Real Estate.
Direct: 971.832.1234 | Email: jasongardner@johnlscott.com
