Oregon’s Population Rising

Population change in a state is one factor that influences housing prices. After all, house prices are a fundamental supply and demand situation. Inward migration tends to create more demand and push up prices.

Oregon is projected to increase in population for the fiscal year 2008 by 1.8% to about 3.8 Mm people. Contrast this to California, which will lose 144,000 people. As most Oregonians know, we’re one likely stop for our southern neighbors. Strong growth is projected for the Portland area. Lane County will grow by about 2,700 people to 346,000.

A good place to be from?

California: A good place to be from?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s