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Posts Tagged ‘Portland real estate’

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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I just listed a gorgeous home at 14846 SW Lookout Drive in Arbor Summit on Bull Mountain. Built in 2006, the home is in “like-new” condition and shows like a model! Some of the ammenities include:

Hardwood Floors

Slab Granite Counters

Dream Kitchen!

Stainless Appliances

Knotty Alder Cabinets

4 Bedroom + Large Bonus Room

These sellers will even consider a trade for [...]

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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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Every day that goes by we continue to see signs of a “normal” Portland area real estate market. In talking with a client of mine who lives in San Jose California, the perception is that just about every home on the market there is in foreclosure. Prices have dropped dramatically in that region and once again [...]

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As the housing bubble built over past few years, many buyers found themselves caught up in the excitement of buying new construction with the wish of seeing thier net worth grow over night. My own experience of working with buyers here in the Portland real estate market has been facinating as I saw people who [...]

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