Eugene Vs. Portland Vs. Seattle
Which Northwest city was hit hardest in 2007? Difficult to say. Each of these cities were hit equally hard.
However, these cities may have narrowly missed the negative equity tide that washed away markets in a number of California cities, especially Vallejo.
In fact, the charts below suggest that the NW is pulling out of a relatively mild real estate slump.
First, Eugene..

Then Portland..

And Seattle..

Thanks again to Zillow for the amazing “open source” statistics!
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