Case-Shiller in Portland: Why Remodels Skew the “Gold Standard”
The S&P/Case-Shiller Index is often referred to as the gold standard for measuring housing appreciation. However, in Portland’s older neighborhoods, it can overstate the actual rise in home values. Here’s why. How Case-Shiller Works Why That’s a Problem in Portland In our older neighborhoods, new owners often: The Generational Shift Silent Generation homeowners were thrifty … Continued