First American CoreLogic Inc, which is a company that predicts loan performance for banks, posted a recent report stating that the Oregon real estate market, although relatively stable in comparison to other areas across the nation,  saw some major declines at the end of last year.

Rhode Island, Arkansas, Maine and Pennsylvania were other states which were hit with some declining prices. First American predicts that the declines will continue into 2010.

There are some areas which saw some appreciation though. This list included eleven cities and most of these were back East in New York and Pennsylvania.