Fairfield Financial Services, Inc. - Private Money Loans, Lending & Borrowing

Is Oregon next?

Clay Sparkman

After many years of holding relatively firm, the real estate market in the Pacific Northwest may be in trouble.  The following informative piece was printed yesterday at Business Insider.  Make sure to follow the “Check out how bad Oregon has become” link and the 14 slides that accompany the article.

http://www.businessinsider.com/oregons-expanding-foreclosure-rate-could-make-it-the-next-california-2010-2

What does this mean for Oregon and Washington?  How bad is it going to get before it gets better?  And what does this mean for the rest of the nation?  Please take a minute to share your opinions by clicking on the comments link for this site.

Keep in mind that this analysis is looking at residential properties only.

— Clay (clay@privatemoneysource.com)



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2 Responses to “Is Oregon next?”

  1. raul mares says:

    Ore. is next, I see it all around me here in Eugene, it’s folding like a cheap lawnchair.

  2. raul mares says:

    commercial property is being hard hit too,lots and lots of empty bldgs. just ask Evans Elder and Brown Inc.

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