National City released the second quarter 2008 report last week and once again Oregon and the rest of the Northwest remain overvalued.
Only six metro areas are judged to be overvalued during the second quarter of 2008, down from a peak of 51 metro areas in 2005…In short, the “bubble” is gone and house prices reflect […]
National City released its first quarter 2008 report last week and once again Oregon and the rest of the Northwest remain severely overvalued.
The appearance of Northwestern states among the worst price performances vindicates our model performance, as we noted in previous reports that the Northwest seemed precariously overvalued and likely to be the “next shoe […]
National City released its fourth quarter 2007 report last month and it offered a chilling look at Oregon’s metro areas.
Metro areas in the Northwest seem to be the remaining pockets of froth,coincident with robust economies but at risk of price declines goingforward……Bend Oregon tops the overvaluation list.
According to National City, Oregon contains some of the […]
National City released its third quarter 2007 report last month and it offered a chilling look at Oregon’s Metro areas when compared to the nation.
The most overvalued market is Bend, OR at 70%. While price declines in all of the California metros have reduced their overvaluation, extreme overvaluation remains the norm in each of the […]
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