Sponsored by Lane Powell

Portland home sales rise

| Print |  Email
Must Reads
Friday, March 16, 2012

Portland-area home sales rose in February, and continue to climb.

The average sales price was $255,100, a 4.3 percent increase compared with a year earlier and 2.4 percent higher than January. 
The jump in average prices can be attributed at least in part to a number of sales at the top of the market. In February, 15 homes sold for more than $1 million, compared with six a year ago. 
"Possibly the upper end buyers are starting believe that real estate isn't a bad place to invest their money any longer," said Peggy Hoag, a broker with Prudential Northwest Properties in Portland. "I think it's a pretty solid indicator. It's what people do with their money that shows what they believe in."

Read more at OregonLive.com.

{biztweet}portland home{/biztweet}

 

More Articles

6 chiefs of staff dish on their bosses

The Latest
Thursday, February 05, 2015
legilistiblog-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask chiefs of staff for the scoop on Oregon legislators.


Read more...

Umbrella Revolution

March 2015
Monday, February 23, 2015

Yeah, we know: Oregonians are way too cool for umbrellas. But today’s stylish, high-tech models will soften the resistance of the most rain hardened.


Read more...

4 married couples who work together

The Latest
Thursday, January 22, 2015
IMG 0020BY JACOB PALMER | OB DIGITAL NEWS EDITOR

They say maintaining a healthy marriage takes work. So does running a business with your spouse.


Read more...

4 winners and losers in the Kitzhaber scandal

The Latest
Thursday, February 12, 2015
021315-govorno-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Examining the governor's rapid fall from grace in a "bizarre" and "unprecedented" saga.


Read more...

LEED for weed

Linda Baker
Wednesday, January 28, 2015
012815-potcarbon-thumbBY LINDA BAKER | OB EDITOR

What is the impact of the legal pot industry on carbon emissions?


Read more...

Closing the Gap: The two Oregons and the way forward

February 2015
Monday, January 26, 2015
BY JOE CORTRIGHT

"Nostalgia is not an economic strategy."


Read more...

Tweeting Portland's State of the City address

News
Friday, January 30, 2015
Screen Shot 2015-01-30 at 3.08.19 PMBY JACOB PALMER | OB DIGITAL NEWS EDITOR

For those who were working, here are a few highlights of Charlie Hales' State of the City address.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS