Tuesday, May 5, 2009

Portland Housing Prices 29% Overvalued - OFHEO

I found a cool site today that allows you to chart the OFHEO Home Price Index against a local regions median income. (click on chart to expand)

In the chart you can see how the two normally follow each other quite closely, but obviously recently the two data sets have moved apart significantly.

You can easily play with the charts to check out other areas like Seattle, Bend, etc.

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Anonymous said...

It doesn't look like its gone all the way into 2009.

insomnibus said...

What ever happened to Portland Gentrification blog? I liked it but then it just disappeared...

Anyone know?