Has the Portland housing market caught up with other markets? For the last couple of years we have all heard words to the effect of, “Portland reached its peak about a year after other markets and therefore will lag a year behind finding bottom.” You can’t argue the first part. Phoenix had its highest Case… Continue reading Has Portland Real Estate Caught Up?
The Case Shiller report for June 2009 on real estate was released a few minutes ago. The Portland index is 1.5 points since May. This is the first full point-plus gain for the index since April/May 2007. Prior to last month’s .12 gain, there had been eleven consecutive months of decline.
The Case Shiller Index reports for May 2009 was released today. Portland gained .13 of a point. The important part of that, at least for those that want to see the market rebound, is that it was not a continuation of the downward trend we have started to expect. Seattle lost about half a point… Continue reading Case Shiller Gains In Portland
The Case Shiller Index for Portland continued to decline in April of 2009. The decline was not universal across the index, San Francisco, Seattle and Denver were among a few of the cities that posted increases. Las Vegas decline from the previous month was 4 points.
There is a familiar refrain that, Portland real estate trails the national real estate market by months if not years. The national market moves and Portland eventually follows. The graph, which compares the Portland market (PORX) to the 10 (CSXR) and 20 (SPCS20R) national indexes, suggests that that’s not necessarily true. The appear to mirror… Continue reading National Housing Market Improving. Portland to Follow?
This is a pretty cool fund-raising concept: the Pink Glove Dance. The email I received from my aunt, a nurse in Toronto: Emily (MacInnes) Somers created, directed and choreographed this in Portland last week for her Medline glove division as a fundraiser for breast cancer awareness. This was all her idea to help promote their… Continue reading St. Vincent Breast Cancer Awareness Pink Glove Dance