The deals are happening! Don't believe the media. The interest rates are still LOW, LOW, LOW! Inventory is huge. If people aren't buying right now they are going to totally regret it. We are at a point in real estate history when the deals are hard to pass up. Low rates, large supply. Off the Fence, it is time to buy! Port townsend is a Victorian Seaport located on the Olympic Peninsula and sitting on another peninsula called the Quimper peninsula, in other words...water, water everywhere. If you haven't been to Port Townsend, you MUST visit. Views of the Cascades, Olympic mountains, stunning.