Dave Sutton
Dave Sutton
Windermere Cronin & Caplan Realty Group, Inc.
Dave Sutton :: Direct: 503-505-9722 :: Email: davesutton@windermere.com :: www.davesuttonhomes.com

Home Prices to Rise 10% in 12 months? Where? Says Who?

Posted on August 10, 2011
" Seattle and Portland's prices are expected to stay flat through next March and then record double-digit gains of just over 10% each over the following 12 months."

That's from David Stiff, chief economist for Fiserv, which provides information management and analyses data for the financial services industry.  ""Homes are undervalued in the Northwest," said Stiff, "the economy is diverse and the demographics strong. It has tech, manufacturing and extractive industries (like lumbering and mining) and people are still moving into the area."

It's from an August 9, 2011 article in CNN Money.   The forecast is all the more remarkable because the article predictions for the rest of the country are still negative.  The whole article is here

Share: del.icio.us Digg StumbleUpon
Post a Comment on "Home Prices to Rise 10% in 12 months? Where? Says Who?"
Name
Email
Website
Comment
 
Windermere Cronin & Caplan Realty Group, Inc. :: 825 NE Multnomah St., Ste. 120, Portland, OR 97232 :: Office: 503-284-7755 :: Fax: 503-220-1498
©2012 GraphicalData, Inc.   Site Map