Thursday, May 7, 2015

Oregon Home Values Up 2% in March

CoreLogic recently released the Home Price Index report for the month of March which showed an average increase of 2% in Oregon home values.  If you owned a $300,000 house, that would equate to an extra $6,000 in home equity!  This is the highest month-over-month appreciation in Oregon since April of 2013.  This is a big jump from February which reported an increase of 0.7%.  This jump is likely due to the increase in demand, which demand often picks up when the nicer weather rolls around (spring/summer).  It’s safe to say that the homebuying season is officially here! 

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