The Daily Astorian ran an interesting article today encouraging people to not believe the Gloom Merchants. The article points out that Oregon and Washington didn’t experience the excesses of house speculation that are now hindering real estate growth in places like California, Nevada, Arizona or Florida. And our economic conditions aren’t nearly as bad as what has been happening in states such as Michigan and Pennsylvania. So, while it might take a little longer to sell your home and it might be a little bit harder to get a loan, overall we seem to be in a good situation here in the Pacific Northwest.

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