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'Oregon's vicious cycle'

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Oregon's vicious cycle

12/22/09 06:06

Experiencing signs of a real estate recovery are a number of states at the moment. However, Oregon is simply just not one of them. Still reeling from diminishing home values is the state.

In Oregon, a vicious real estate cycle continues that is seemingly unchecked. In this particular case, tax credits as well as stimulus packages do not even appear to be helping.

Unemployment figures now continue to escalate, in a number of small to mid-size Oregon cities. This is causing migration, away from these particular areas.

Link: Oregon news A Vicious Cycle in Oregon

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20091218-110525-Oregons-vicious-cycle home values 'Oregon's vicious cycle'