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Market Conditions

Making this year's CNNMoney's list of "Best Places to Live," is Lake Oswego, Oregon, part the Portland metro area.

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Appreciation rates have risen just 3.7 percent in the last year, bringing average prices to around $558,000 at this time. And homes are moving off the market fairly quickly -- at 61 days on average.

Job growth is around 11 percent and median family household is being reported at $109,000.

Despite steady growth in the economic sector -- new listings are down 2.3 percent -- great news for sellers who should be finding less competition coming into the market.

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Published: November 7, 2007

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

Today's Headlines 11/07/2007


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