Housing -- Oregon -- Portland -- Statistics, Demographic surveys -- Oregon -- Portland, Home ownership -- Oregon -- Portland
Is there a market crisis in real estate? Across the country communities are concerned about the effects of the sub-prime mortgage crisis. At first analysts thought Portland might escape unscathed, but now they are not so sure. The full impact of the mortgage crisis probably won’t be known for years. A look at indicators for the five Oregon counties in the metroscape gives us a picture of the current state of Portland’s residential real estate market and how news of the crisis might have made some buyers nervous.
Mylott, Elizabeth, "Indicators of the Metroscape: Home Sales" (2008 Metroscape, Institute for Portland Metropolitan Studies, Portland State University)
Originally appeared in the Winter 2008 edition of Metroscape, published by the Institute of Portland Metropolitan Studies, Portland State University