I see that people are holding on to their cars ….. and also their houses, in this uncertain economic time. Your home is often your largest investment. In times like these, where you may have seen your 401K devalue, you may wonder what your home is worth as well. The answer is that every market is different. A home in Beaverton or Oregon City will be influenced in different ways from a home in down town Portland. Our city is made up of many different neighborhoods, and each one is a micro market within the larger Portland scene. The value of your home will be influenced by the number and condition of forclosed properties as well as the rate of unemployment suffered by employers in your area. Low interest rates will definitely make a difference in market activity so keep an optimistic eye tothe future.