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Home Equity Declines on Mt. Hood
Thursday, April 30, 2009
The latest numbers show home appreciation and home equity declines in the Portland Metro/Vancouver/Beaverton area. Here is the chart:
Look at the impact of 2006-2008, probably through refis and home equity loans. Yikes! Although this is a broad group and the Vancouver area with new construction has probably made these statistics worse than they really are, it's interesting. I am surprised at the median downpayment amount.
Naturally, as Portland goes, our area goes. I don't have the actual numbers for our Mt. Hood area.
Displaying blog entries 1-2 of 2
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