Recently many banks and other institutions such as Fannie Mae, have removed their foreclosure moratoriums which was bound to have the impact of increased foreclosures flooding the market. Well it has impacted the Oregon real estate market. In March we saw foreclosures rise more than 100% from the month of March, 2008! Up 107%, a [...]
Posts Tagged ‘fannie mae’
Oregon Foreclosures
Posted in Beaverton Real Estate, Clackamas County, Multnomah County, Portland Oregon, Portland Oregon Real Estate Market, Real Estate Trends Portland Oregon, Steve Schwab Group, Washington County, real estate, www.SteveSchwabGroup.com, tagged beaverton, Beaverton Oregon Real Estate For Sale, Beaverton Real Estate, fannie mae, Forecloses by County in Oregon, foreclosure, freddie mac, Oregon Foreclosures, Oregon Unemployemnet, Portland Oregon, portland oregon housing market, Portland Oregon Real Estate Market, Portland real estate, Portland real estate market, real estate market, Real Estate Trends Portland Oregon, RealtyTrac, Steve Schwab, Washington County Real Estate, www.SteveSchwabGroup.com on May 9, 2009 | Leave a Comment »
Is There Hope for Home Prices?
Posted in Beaverton Oregon homes for sale, Beaverton Real Estate, Beaverton Real Estate For Sale, Homes for sale in Beaverton Oregon, Steve Schwab, Steve Schwab Group, The Steve Schwab Group, Washington County, real estate, www.SteveSchwabGroup.com, tagged Beaverton Real Estate, buyers market, fannie mae, foreclosure, freddie mac, home inventory portland oregon, lehman brothers, mortgage rates, National Association or Realtors, oregon economy, Oregon Foreclosures, perfect storm, Portland Oregon Real Estate Market, Portland Realtor's, Real Estate Appreciation Portland Oregon, Real Estate Trends Portland Oregon, real estate trends U.S., sellers market, stock market sell off, tipping point, U.S. economy, WAMU, Washington County Real Estate, washington mutual on November 11, 2008 | Leave a Comment »
We are deffinetly seeing real estate prices fall around the country. What was once viewed as the best long term investment a person could make has changed course, at least for now. According to The National Association of Realtors, home prices were trending down until late in the first quarter of 2008 where a bit of an upturn [...]
Fannie Mae to Require Counceling to Borrowers
Posted in Beaverton Oregon homes for sale, Beaverton Real Estate, Beaverton Real Estate For Sale, Homes for sale in Beaverton Oregon, Steve Schwab, Steve Schwab Group, The Steve Schwab Group, Washington County, real estate, www.SteveSchwabGroup.com, tagged budget, budgeting, counceling for borrowers, credit score, fannie mae, first time home buyer, first time home buyers, home ownership counceling, my community mortgage loan, MyCommunityMortgage, National Industry Standards for Homeownership Education, selecting a home, sub-prime mortgage on November 2, 2008 | Leave a Comment »
Effective January1st, 2009, first time home buyers who have lower credit scores or are looking at a loan taylored for low or moderate income buyers, will need to receiving home ownership counciling. While Fannie Mae already requires pre-purchase counceling for borrowers purchasing a 2 or 4 unit property using a MyCommunityMortgage loan, this new requirement [...]
Steve Schwab, Principal Broker, RE/MAX Equity Group Inc.
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