Monday, March 9, 2009

We are #4!!! In the nation!

If you want to get some free information about how to spot and avoid fraud in real estate and mortgage transactions, there is a meeting from 6:30-8:30 tonight. Go to this site to get some more info!
http://www.oregonlive.com/news/index.ssf/2009/03/police_sponsor_mortgage_fraud.html

Forbes magazine named our lovely city as the fourth-best market housing market in the nation. The rating was based on the S&P Case-Schiller 20-city home price index, which examines a lot of the important factors in the market, such as declines in home prices, repeat home sales, and price-drop momentum, but it does not look at new construction, which has been dropping, and foreclosures, which has been rising.

Forbes Top Five markets are:
1. New York, N.Y.
2. Washington, D.C.
3. Charlotte, N.C.
4. Portland, O.R.
5. San Diego, C.A.

The Bottom Five markets are:
1. Las Vegas, N.V.
2. Phoenix, A.Z
3. Detroit, M.I.
4. Minneapolis, M.N.
5. San Francisco, C.A.

So the good news this week is that we rock, Portland!

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