Governor Calls for Assistance for Consumers Who Face Foreclosure

Salem, September 14, 2007 - Governor Kulongoski today announced several initiatives to help Oregonians who may be facing mortgage foreclosure due to the recent tightening in the subprime lending market.

Double-digit price increases, quick sales shift to a more ‘normal market’ in Salem

In a year’s time, the mad dash to buy houses is over. The Mid-Willamette Valley’s residential real estate market has cooled. Real estate agents say it’s still good times for the industry, but the numbers show the area is not immune from the national housing slump: