Tuesday, January 22, 2013
Portland-area home values increased 7.7% in 2012, according to real estate website Zillow.
Zillow warned that people shouldn't expect the gains to continue at the pace seen in 2012.
"Buying a home should be a long-term decision, and these swings between a deep housing recession and higher-than-normal appreciation rates can give consumers whiplash and cause some to lose sight of that," said Stan Humphries, Zillow's chief economist.
Read more at OregonLive.com.
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