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To: marcos who wrote (51481)10/28/2007 11:07:09 AM
From: John Vosilla  Read Replies (2) | Respond to of 78418
 
Marcos, RE prices in parts of FLorida have crashed 50%+ and are back to 2002 prices again even with the plunge in the dollar. What a bargain it must seem to a Canadian these days.

This post about sums it up on what the fed needs to do and what happens if they don't. Paulson has the G7 in his back pocket.. if they want the global boom to continue they will mirror the USA IMHO..

Message 24003727



To: marcos who wrote (51481)10/28/2007 2:25:11 PM
From: loantech  Respond to of 78418
 
<Tom says real estate in Oregon is still rising [or at least hasn't declined?]>

Thursday, October 25, 2007
Current RMLS Appreciation Rates for Portland

There are no areas of Portland or the suburbs that are experiencing double-digit appreciation. This is not a surprise, really, considering the real estate market has cooled from very hot status.

Here are the current 2007 appreciation rates, listed from highest to lowest:

Rate - Area

9.8% - Portland
9.7% - Gresham, Troutdale
9.5% - Hillsboro, Forest Grove
8.8% - North Portland
6.7% - Northeast Portland
5.1% - Oregon City, Canby
4.6% - Tigard, Tualatin, Sherwood, Wilsonville
3.7% - Lake Oswego, West Linn
3.6% - Beaverton, Aloha
2.8% - West Portland
1.8% - Northwest Washington County
1.6% - Milwaukie, Clackamas, Happy Valley, Damascus

Per the RMLS, appreciation percents are based upon a comparison of average price for the last 12 months with the 12 months before.
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