NW Home to Some of the Most Overvalued Homes SEATTLE, WA (KPLU) - A national real estate report claims the Northwest remains a pocket of extremely overvalued homes. Bend, (Oregon)... Longview and Wenatchee, (Washington)... along with the Portland metro area rank near the top for overheated home prices. KPLU's Tom Banse has more. © Copyright 2009, KPLU