Completely farmed out to the Wall Street Journal. Portland and Seattle are down again and fairly significantly, they are two of the top four cities in terms of seasonally adjusted month to month changes, reflecting the unemployment situation on the two states.
Meanwhile, help is on the way: Oregon is one of five states to get special federal help for the housing market. Oregon will get $88 million to help prevent foreclosures.
I still think we will see some bumping along, but no significant appreciation or depreciation this year.