Very excited to read an article from U.S.News&WorldReport article written by Rick Newman regarding the 10 Cities Primed for a Real Estate Recovery - Portland was #8!
Portland, Ore. (12.8 percent, up 3.6 points). Portland's unemployment rate has surged by nearly 7 percentage points over the past year, making it one of the highest in the nation. But local economists think that's partly because people come to the region from more depressed areas, hoping to land a job in what has traditionally been one of the West Coast's most vibrant economies. With dozens of businesses clustered around trendy sectors like clean technology, recycling, sustainable development, and eco-friendly manufacturing, Portland seems poised for a healthy rebound.
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