| The Portland Metro market has changed much lately and the value of working have all seen the headlines of the National story in housing over the last five years... "A Roller Coaster Ride" in home appreciation and depreciation to say the least. In recent months Oregon has shown significant signs of a leveling off of excess housing inventory from our January 2009 peak. I am very optimistic that we are moving forward in a nice Pacific Northwest recovery with record low interest rates. It will take some time for the State to get over higher than national eager to experience all Oregon has to offer. We are now seeing hints of home appreciation on close-in Portland homes and heading towards a normal market of supply and demand. Condo inventory will also work itself out in time with little new construction planned for the coming years. It is important to understand that prices may rise or fall, but the benefits of home ownership stay constant. There are many real estate search engines that can be used online, but few show a personal approach that is required when searching for a home specific to your needs! Great homes in Portland, and Bandon on the Southern Oregon Coast. Ian Fowler Principal Broker |
| Equal Housing Opportunity Broker Member of THE NATIONAL ASSOCIATION OF REALTORS® |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. 2005 |


