I know, you don’t need a weatherman to tell you which way the wind blows. Or that it’s bloody hot. Too hot.
But we’re not talking temperature here. The Portland Business Journal just released it’s list of Portland’s 25 hottest neighborhoods, and Foster-Powell ranked fourth. With 227 homes sold in the second quarter of 2014, we are just ahead of Oregon City/Happy Valley (222) and behind Beaverton/Aloha (294). Another tract in Beaverton/Aloha (316) ranked second, while Forest Heights (371) saw the most homes sold in the period.
Considering none of the top three neighborhoods are close-in, Foster-Powell’s showing is that much more indicative of its current appeal. Or maybe because it’s still somewhat affordable. (Or, maybe people are moving the hell out. But probably not that.)
So if it’s a mix of appeal and affordability, how do we maintain the latter?