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.