Washington County, Oregon Market Data

With all the doom and gloom we're hearing about the economy, it's often helpful to take a look at info as it relates to our local markets. As you will see, Washington County, Oregon ranks lowest in the state of Oregon and Sherwood, Oregon is lowest in the county.

The National Average is 4.5% with Montana being low at 2% and Mississippi highest at 6.9%.

Breaking this down at the city level for Washington County.

Labor Force Statistics - Employment Status of Residents living in the following County or Cities

In addition, Oregon's wages are increasing slightly ahead of the nation, and Washington County's slightly ahead of the state.

Mortgage Rates are still at all time lows. The "par" rate for a 30 year fixed conforming loan with good credit and an 80% loan-to-value is 5.875%

Home prices are still increasing and the "fervor" is off the market.

All in all, Washington County is still a good place to live in and do business in.

Larry Morris is a loan Officer with Equipoint Financial Network in Newberg, Oregon. He specializes in relocations and Sherwood, Oregon neighborhoods. He can be reached at larry.morris@equipoint.com . His website is www.PDX-Mortgage.com . This material is copy protected 2007 by Larry Morris, Mortgage News that Matters. All Rights Reserved

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