Home prices continued their recovery, rising 8.1% in January from year-earlier levels, according to a reading released Tuesday.
Home sales is all about affordability, the lower the cost (price of property + interest paid) of ownership, the more sales there will be.
For the twelfth straight month existing home sales in Jackson County rose by double digits when compared to the same period last year. A decline in new listings caused the percentage of distressed sales to increase as well.
The provision that puts up to $8,000 in buyers' pockets won't be renewed a third time, industry leaders and lawmakers say.
Where does your state rank? Americans everywhere are feeling the recession's pain – some more than others.
For the 12 months rolling average ending in December 2009 vs. the previous 12 months, the average price in the Portland Metropolitan area is down 12.1% according to RMLS.
Realty Net, LLC. Oregon Real Estate, Portland, OR

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