Oregon posses one of the most diverse landscapes of any state in the U.S. Oregon is best known for its tall, dense forests; its accessible, scenic Pacific coastline and its rugged, glaciated Cascade volcanoes. Other areas include semiarid scrublands, prairies, and deserts that approximately cover half the state in eastern and north-central Oregon. Oregon's population as per 2000 Census was 3,421,399, a 20.4% increase over 1990. The Census Bureau estimated Oregon's population to have reached 3,594,586 by 2004.

Portland: Real Estate: A normalizing Real Estate market could be seen in Portland Oregon. Currently its a seller's market for homes priced under $200,000. Homes priced above $200,000 is moving into a buyers' market and homes priced at $300,000 and above retains in a buyer's market with above 5-10 months of inventory.

Nearly with 25% of few buyers 2006 Real Estate market had slowed down. But appreciation is still throbbing away at a steady 9%-16%, depends on the area of Portland over the last 12 months. If you are looking for the selling or buying of Real Estate, we offer no obligation mortgage quotes for free.

Available ZIP Codes: 97225, 97225, 97221, 97219, 97223, 97224, 97231, 97236

This update about statistics is from our Regional Multiple Listing Service (RMLS) through November and with 11 months of statistics for the year now, is starting to be a better reflection of the market this year. Listings have continued to grow substantially while the number of sales have lowered from the same period last year. This trend has extended for the year and became even more observable in the fall. This has made a bit of a buyer's market. However, we have noticed an increase in buyer activity in December and it seems that the trend may be toward a brisker market in the spring. Time only can say of course and we'll watch what the statistics brings for the year 2007.