tag:blogger.com,1999:blog-4113767199444444516.post5312646795667223131..comments2023-10-03T04:34:39.407-07:00Comments on Portland Real Estate Outsider: Portland Exisitng Home Prices Plateau - Case ShillerPDX Outsiderhttp://www.blogger.com/profile/01596115115859601410noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4113767199444444516.post-45345869462970188332008-07-30T15:02:00.000-07:002008-07-30T15:02:00.000-07:00SMSA?I have seen the same thing. But I also belie...SMSA?<BR/><BR/>I have seen the same thing. But I also believe that those areas are substitutes for each other. I've lived in Berkeley (GO BEARS!) and San Francisco, and while some San Franciscan's wouldn't be caught dead in the bridge and tunnel crowd, there are plenty of others who will relocate to cheaper digs.<BR/><BR/>I assume it's the same here and elsewhere. We have areas here that have collapsed (Happy Valley) and others that have stagnated.<BR/><BR/>It remains to be seen how well the areas that are holding up today do in the long term.PDX Outsiderhttps://www.blogger.com/profile/01596115115859601410noreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-54376564070531980642008-07-30T14:31:00.000-07:002008-07-30T14:31:00.000-07:00My daughter lives in the Bay Area, I too have been...My daughter lives in the Bay Area, I too have been watching their market. In this SMSA several communities have just imploded.. Vallejo and Oakland are prime examples. In other areas prices are, essentially, stable. <BR/><BR/>I don't think SFO has fallen off a cliff generally. There is always price bleed-through to neighboring communities with similar demographics (Benica, Concord come to my mind) but pennies on the dollar in Menlo Park, Los Altos, San Francisco... let me know if you find one.Unknownhttps://www.blogger.com/profile/14182346013993935890noreply@blogger.com