Wednesday, June 23, 2010

With Caveats, Portland 4th Best City in Country to Rent vs Buy? PR has City tables HERE; using Trulia data, Portland's is shown as fourth best metro area in the country, and Seattle is even better, ranking third in the country.

  • PR clearly says "cities", but I wonder if they are including all of metro area, or just core city?; 
  • Detailed data HERE makes clear that comparison is for 2 BR units, which would may not be the norm for sale market.
  • Data also uses LIST prices not as sold prices, and Portland listed sales price of $307k and rent price of $1,145 seem WAY off to me. (Even with rent price including insurance).

Originally created and posted on the Oregon Housing Blog.

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