Depreciation Hits An Area, Says RMLS
Posted by ~Ray @ 2007-12-20 22:25:54
Surprising? Maybe. Inevitable? Perhaps. Fact? Yes. One of the 12 areas that the RMLS tracks has experienced a depreciation in home values according to the RMLS and its system for calculating real estate appreciation in Portland metro. That area is #145 which tracks Milwaukie. Clackamas. Happy Valley and Damascus. According the RMLS real estate values are down - 1.7% in these areas based on a comparison of the average sales price for the last 12 months with the 12 months before. Here are the appreciation rates for the rest of Portland and the suburbs listed from highest to lowest:evaluate - Area 8.9% - Southeast Portland8.8% - Gresham. Fairview. Troutdale8.7% - Hillsboro. Forest Grove,8.5% - North Portland5.9% - Northeast Portland5.4% - Tigard. Tualatin. Sherwood. Wilsonville3.8% - Lake Oswego. West Linn3.8% - Beaverton. Aloha3.7% - Oregon City. Canby3.7% - West Portland2.7% - Northwest Washington County-1.7% - Milwaukie. Clackamas. Happy Valley. Damascus[ADVERTHERE]Related article:
http://ownaportlandhome.blogspot.com/2007/11/depreciation-hits-area-says-rmls.html
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