[Torie]

So why is the real estate market picking up in Oregon with an 8.1% employment rate? I know it is, because part of my real estate "empire" is in Portland. I will have to check realtor.com as to Seattle, and see what the asking prices at least are in the neighborhoods I once checked out in detail back when, and thus know well.

[AntiGuv]

So why is the real estate market picking up in Oregon with an 8.1% employment rate?

Because real estate development is so tightly regulated in the Portland & Salem areas.