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Who is PHMCC |
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The Portland Housing Market Communications Council is a group of leaders in the housing industry including mortgage lenders, title companies, home builders, remodelers, and suppliers. The council came into formation primarily to address the abundance of negative press that the industry was receiving on a national level and then was inappropriately applied at the local level in Portland, Oregon. The mission of PHMCC is to educate, motivate and inspire the metro public to move forward with their home ownership decisions. PHMCC will be working to offer tools like real estate reports, which typically are only available to those within the industry. |
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Market fact to ponder |
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The housing market is undergoing a natural cyclical correction. Unlike what the media may lead us to believe, a correction in the housing market doesn’t equate to a crash. Unfortunately, the ongoing negative news about troubled areas in the U.S. has caused a ripple effect. In regard to number of homes sold, 2007 is among the highest of years on record and projections for 2008 show that it will outperform 2002. Source: National Association of Realtors
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“Portland provides a national draw...In the way New York drew artists in the ’50s, this city at the confluence of the Willamette and Columbia Rivers seems to exert a magnetic lure on talented chefs who come from almost anywhere else and decide to stay right here. |
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