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Low Interest Rates aid in Upward Pressure on Home Prices

originally posted on Rod’s Real Estate News, 10/2/2015, by Rod Sager

The market continues to move along at a healthy pace. Here in the Portland-Vancouver Metro Area values seem to be rising at a pace of 5% to 10% year over year. Local fluctuations and market conditions can vary a bit from neighborhood to neighborhood. Low interest rates will always help drive sales in real estate and robust sales will typically lead to increased price pressure on buyers.

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