Home values in local real estate markets in Portland and Bend are on the rise, mirroring a national trend. The latest Case Shiller index numbers (which track property values in 20 U.S. cities) showed home prices have gone up 3 percent over the last year. New construction is also on the increase, though it could be a while before the market returns to what has been considered “normal.”
Are you house hunting? Are you considering selling your home? Do you work in the real estate or construction industry? What trends have you noticed lately that could indicate the way the market is going?
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OPB | Feb. 22, 2017