Portland home prices fall

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Thursday, April 05, 2012

Portland area home prices fell 3% in February, dragged down by foreclosure sales.

The Santa Ana, Calif., real estate data firm CoreLogic reported a 2 percent decline in home prices nationwide during February, the seventh straight month the company's index has shown a decline. 

Bank-owned homes and short sales still make up about one-third of all home sales, both nationwide and in Portland.

Read more at OregonLive.com.

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