CONTRARY TO WHAT YOU HEAR EVERY SINGLE DAY IN THE THE NEWS IT IS A BUYERS MARKET AND INTEREST RATES ARE VERY LOW.  PORTLAND HAS BEEN ONE OF THE RARE PLACES IN THE COUNTRY THAT DID NOT HAVE THE INCREDIBLE OVERHEATED INCREASE IN VALUATIONS AND WE ARE RATED NUMBER 4 BY FORBES MAGAZINE AS BEST PLACE TO LIVE AND BUY. Yes prices have come down on homes in Portland. We have 9 months of inventory of homes in Portland now. However there has not been a time in recent years that as many first time buyers can afford to buy a home in Portland. Interest rates are extremely low and the market has a very large inventory of available homes for the first time buyer. Programs to purchase homes in Portland with FHA, USDA, VA and FNMA and FMAC all have great rates with minimum down payments available. If you have been thinnking about buying a home this is aa great time to buy. Call me for information on homes in the Portland Oregon Metro Area.