Portland, OR – Oregon real estate agent David Somerville, a REALTOR® who is an expert in Portland home values, has released the top five metro areas in his Portland Home Appreciation Report to help those following the market to understand trends in real estate market activity.

Somerville says the report, which is designed to be helpful to Portland real estate professionals but accessible to the average homebuyer, gives a broad overview of market health broken down by regions.

“I cover the twelve major Portland metro areas, including NW Portland and Washington County, Milwaukie and Clackamas, Lake Oswego and West Linn, NE Portland, Tigard and Wilsonville, Oregon City and Canby, North Portland, Beaverton and Aloha, West Portland, Hillsboro and Forest Grove, SE Portland.”

He says that the report is a very objective presentation of market information designed to help potential Portland home buyers make informed decisions about where and when to buy real estate in Portland neighborhoods.

“I just look at the facts of the market and report to my readers what the trends look like for the price of Portland real estate. Many home buyers have come to appreciate the actionable information in these reports.”
Top Five Metro Portland Areas

1. NW Portland / Washington County
2. Milwaukie / Clackamas
3. Lake Oswego / West Linn
4. NE Portland
5. Tigard / Wilsonville

The areas are ranked according to the amount of appreciation Portland homes experienced for each region during the previous year. NW Portland and Washington County experienced an 8.70% decrease in property values from a year ago, while Milwaukie and Clackamas experiencing a 9.50% decline. Lake Oswego and West Linn fell 9.8%, NE Portland fell 10.2%, and Tigard and Wilsonville fell 10.3%.

The full report can be viewed at http://www.maxwellsinclair.com/blog/tag/home-appreciation-report/