Business Digest.Byline: The Register-Guard CITY/REGION Home prices here average, survey says The cost of being a middle-management type in Eugene Eugene, city (1990 pop. 112,669), seat of Lane co., W Oregon, on the Willamette River; inc. 1862. A processing and shipping center in a farming area, the "Emerald City" has lumbering, food-processing, and microchip and other electronics industries. isn't cheap, but it's less than in many American cities, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new survey by Coldwell Banker Real Estate Corp. A four-bedroom, middle-management-style home in Eugene costs an average of $212,362, the real estate company reported in its annual home comparison index. Bend is the most expensive housing market in Oregon Oregon, city, United States Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products. , with an average middle-management-style home costing $289,500, followed by Portland, $275,725, and Medford, $250,000, the survey found. Salem, with an average sale price of $203,975, was deemed the most affordable Oregon market surveyed by Parsippany, N.J.-based Coldwell Banker. The company surveyed sales of homes in "middle-management transferee neighborhoods" in more than 300 cities in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Coldwell Banker priced 2,200-square-foot homes, with 2 1/2 baths, a family room and two-car garage. At $1.2 million for such a home, Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif. was the most expensive city, Coldwell Banker said. Yankton, S.D. was the most affordable, with an average price of $101,062. The average nationwide was $291,097. Seven of the nation's 10 most expensive markets are in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , Coldwell Banker said. Seven of the 10 most affordable are in the Midwest. For more information, visit www.coldwellbanker.com. |
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