The Portland Oregon housing market seems to be recovering and stabilizing nicely. Our opinion at Creekside Mortgage Inc. is that we have noticed over the last 2 to 3 months of 2011 a  strength in the Portland  OR Metro area on VA home purchases, which seem to have increased greatly. Hopefully this trend continues in Oregon State throughout the rest of 2011. The key to this is the stabilization in the price of houses, they are either going up or down. There is volatility in either waiting or jumping in too early, but when you get stabilization and consistency in buying houses in Portland metro area, it seems to be helping overall in the market.

Kerry N. Greenwald

NMLS # 70269

Sr. VA Loan Specialist

Creekside Mortgage Inc.