Very cool infographic on where and why foreigners are buying United States real estate. When times are tough, there is always someone cashing in . Our housing crisis which led to very low home prices caught the attention of many foreign investors. 8% of real estate is purchased by foreign investors. So which states are […]
Archive for the ‘investors’ Category
Questions to Ask before Buying a Foreclosure in Portland!
February 1st, 2012 
admin You know that whole saying, “If it seems too good to be true than it probably is.” Well that is definitely applicable to foreclosures, particularly ones that have been abandoned. I often encounter new buyers who are excited about the prospect of buying a foreclosure because of the great price they may get. And […]
Portland Home Sales up in 2011!
January 17th, 2012 admin The Portland Home Sales numbers are in and there were 19,682 Portland-area homes sold in 2011. That is a 4 percent increase compared with 2010, according to the Regional Multiple Listing Service. But the median price for the year fell 7.9 percent, to $221,000. The weight from distressed home sales continue to impact our Portland […]
Posted in buying a home, home value, homeowners, investors, Portland, property values, real estate 
No Comments »Rents are Rising…a lot!
October 23rd, 2011 admin Many of the first time buyers I work with, especially recently, express their frustration for the high cost of renting these days. For many it has pushed them to take the necessary steps into purchasing, especially because the rent they are paying now is equal to what they would pay for a mortgage! Rents are […]
