Happy Valley (Clackamas area just outside of Portland, Oregon) has created quite a stir for those buyers looking for a lot of square footage, new construction, a great deal, and maybe a view. It wasn’t long ago before our real estate debacle that builders were racing to build extravagant homes on the grand hillsides…. Now, they are desperate to sell them. Happy Valley is now overwhelmed with bank owned homes, short sales, and homeowners trying to sell at the same discount prices as their neighbors; quite frankly it’s a mess. For the home buyer it’s a super clearance sale at Macy’s. (more…)