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To: loantech who wrote (62704)1/4/2009 12:59:32 PM
From: goldsheet  Respond to of 78426
 
> Surprising that Portland prices have not come down nearly
> that much they have had a good run this past 17 years too.

Portland and Seattle started run later, so did not go as high.
It's funny because last week I made a graph of 5 markets from
the latest CS HPI. The index starts in 2000 at 100.
I picked San Diego and the 4 currently closest prices.
goldsheetlinks.com

Market Peak Now
San Diego 250.34 159.12
Tampa 238.09 165.44
Boston 182.45 159.17
Portland 186.51 166.44
Seattle 192.30 170.45

San Diego and Tampa got 138-150% over 2000 prices
while Boston, Portland, and Seattle only got up 82-92%
All are now 59-70% over 2000.

Here's 16 markets from 2000: goldsheetlinks.com
Here's 20 markets from 1987: goldsheetlinks.com
Miami at 280.87 and Los Angeles at 273.94 are the big peaks.
Detroit only peaked at 127.05 and is 86.1% of 2000 (crash)