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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (112757)3/25/2008 10:58:51 PM
From: Archie MeetiesRead Replies (2) of 306849
 
Nice timing on the sell. We lived in Portland for 5 years, bought in the Hillsdale area in 1998 at what we thought were inflated values. Sold when we left and rotated into coastal property.

I sincerely doubt there is much downside in the Portland or Seattle market. Too many people want to live there, economy still seems robust. If there is softness, it will come only in the developments in the far east of the city or possibly some of the new condos in the city center.

If I was buying there again I'd want to live in the NW area, maybe my lot backing into forest park.
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