January 2011 Portland housing prices continue to decline.

It's a little distressing that prices are falling once again, because it points to a possible double-dip (second recession) later this year.  However it is not unexpected, because we could be in that second wave of mortgage resets right now, as was predicted years ago.  I'm going to edit this later and overlay the mortgage resets (from Agora Financial's predictions) with the S&P US housing index.