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 ‘freddie mac’
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 »
Interest Rates at record lows – Is it time to buy??
Posted in Beaverton Real Estate, Beaverton Real Estate For Sale, Homes for sale in Beaverton Oregon, Portland Oregon, Portland Oregon Real Estate Market, Real Estate Appreciation Portland Oregon, Real Estate Trends Portland Oregon, Realtors Beaverton Oregon, SW Portland homes for sale, Steve Schwab, Steve Schwab Group, The Steve Schwab Group, Washington County, first time home buyer, first time home buyers, real estate, www.SteveSchwabGroup.com, tagged beaverton, beaverton homes for sale, beaverton oregon, Beaverton Oregon Real Estate For Sale, Beaverton Real Estate, first time home buyers, freddie mac, mortgage rates, NAR, portland oregon housing market, Portland Oregon Real Estate Market, Portland real estate, Portland real estate market, Real Estate Trends Portland Oregon, Steve Schwab, Washington County Real Estate, www.SteveSchwabGroup.com on April 3, 2009 | Leave a Comment »
The answer to that question is a straight forward YES! Just today Freddie Mac, who’s job it is to connect Wall Street and main street with mortgage purchases and portfolio investment activities, reported that 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending April 2, 2009, down from last week [...]
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 [...]