The housing markets in three cities each in Washington and Oregon are among the most overvalued in the country, according to a news item in CNNMoney.com.
According to the article, Bellingham is 20 percent overvalued; Wenatchee is 28.9 percent; Longview is 22.3 percent. In Oregon, Portland is 20.8 percent overvalued; Corvallis is 18.9 percent; Salem is 18.2 percent.