Urban Studies and Planning Commons^™

Indicators Of The Metroscape: Home Sales, Elizabeth Mylott

Metroscape

Is there a market crisis in real estate? Across the country communities are concerned about the effects of the sub-prime mortgage crisis. At first analysts thought Portland might escape unscathed, but now they are not so sure. The full impact of the mortgage crisis probably won’t be known for years. A look at indicators for the five Oregon counties in the metroscape gives us a picture of the current state of Portland’s residential real estate market and how news of the crisis might have made some buyers nervous.