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Posts Tagged ‘portland oregon housing market’

The real estate market is rolling along and homes are selling. If you are in the market to buy a home, sell a home or are simply watching trends in your area, you are probably seeing a mixture of some homes that sell and some that don’t. I have had regular conversations with clients who [...]

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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 [...]

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For some reason I saved an MSNBC news story from June 19th 2007, almost 2 years ago, which discusses the housing downturn at that time and questioned whether or not we were close to the bottom. Almost 2 years later we still don’t know when we will find the bottom. Written by John W. Schoen, [...]

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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 [...]

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I’ll sit in sales meetings from time to time and listen to other Realtors, those who have been in the business for a lengthy time, talk about “how things use to be”. Clearly much about how real estate is transacted today differs from only 10 years ago. It seems it is still changing almost every [...]

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Ask just about any seller of a home available currently in the Portland Oregon housing market, things are tough! It use to be 2-3 showings a weeks was average. Now, if you get that many in a month you’re lucky!
So how does a seller get leverage and move closer to that offer and sale? In [...]

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