94% of Homes Sold for Below $500k in Portland in November
RMLS Updates [5],
The original deadline for the homebuyer tax credit was November 30 and it appears that this may have had an effect on home sales in November. Homes that sold for $250,000 or below (likely the price range for many first-time buyers) made up 55.3% of all sales in Portland this November, which is up 10.3% compared to November 2008. Below is a breakdown of sales by price range:
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