This article from the Portland Business Journal talks about our hottest neigbhorhood, and in particular how 11 Portland metro neighborhood's average sales prices now are over $500,000 which is up from only five last year.  Interestingly, of the 25 most expensive neighborhoods in the area, 14 of those fall into the city limits of Portland.  And talk about expensive homes getting more expensive, 97034 a zip code in Lake Oswego rose 28.4% over the first quarter of 2015 to $833,454.  You can see the entire article here.