Wednesday, June 9, 2010

Updated: Portland 3rd Highest Market for Risk of Future Home Price Reduction.

 Update: Link to actual Goldman Sachs report is HERE.

Portland Housing Blog has post HERE with details on 1 and 2 year metro area home price projections from a Goldman Sachs analysis.
  • Table in post HERE shows Portland with a one year decline of 4% and two year decline of 12%. 
  • For Seattle pain is predicted to be even worse, a one year decline of 8% and a two year decline of 22%. 
  • This compares to a predicted average one year decline of 2.6% and a two year decline of 3.5% for the 20 metro areas found in the Case-Shiller index.
Originally created and posted on the Oregon Housing Blog.

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