Skamania unemployment numbers for the month of January show a steady unemployment at 12.8%, actually up 1.4% from previous month. We’ve got to get the unemployment numbers under control to stabilize the housing market in Skamania County. Once we can get there and start that stabilization of those numbers or improve upon them, that’s when housing will also stabilize and things should improve for 2011 into 2012. My belief is that unemployment directly correlates with the value of houses.
NMLS # 70269
Sr. VA Loan Specialist