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Metro: Portland-Vancouver-Beaverton (Ore.-Wash.)
What a Home Will Be Worth in 2012: $257,900
Q4 2008 price: $282,000
Projected price change by MSA: -8.5%
Projected price change by state: -7.2%
After dropping more than 12% last year, prices in the Portland area are projected to fall another 13.4% this year. The housing markets continue to struggle amid tighter underwriting conditions and job losses remain worrying.