Archive for the ‘Portland’ Category

Put Some Color on Those Walls & Listen to Warren Buffet (yes I’m serious)

                                    Warren Buffet does tend to know a thing or two about real estate. And Warren believes (I can call him Warren) that employment will rise when real estate does. You think he’s right? It’s not just Warren […]

I5 Traffic Mess in North and NE Portland is the Subject of Upcoming Open House

Do you ever drive South on I5 past the Portland Rose Quarter? If so you probably already know what I’m going to talk about. That area has been a clogged mess for awhile.  It use to only happen at certain times of the day but now it seems that most of the time the area […]

Portland Home Sales up in 2011!

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 […]

Portland Snow is in the Forecast!

As we are on the heels of another MASSIVE SNOW EVENT in Portland, I’m reminded of some decent snow we got a few years ago. We don’t see a lot of snow in Portland. It seems to me like every 5 years we get a good amount. For me personally it’s not enough and I […]

Interest Rates Hit New Historic Lows….Again!

It was just about a month ago when Mortgage interest rates hit their lowest percentages ever. And now it’s happening again! Mortgage rates for mortgages fell this week, with the current average rate borrowers were quoted at 3.71 percent, down from 3.73 percent at this same time last week. And in Portland it’s even better! The […]

Portland Fix it Fair in Portsmouth Neighborhood Jan. 21, 2012! Check it out!

by Betsy Ballantyne betsy@betsyballantyne.com

Portland Housing Stats from November 2011

Next week the numbers for December will be released but before we look at those I wanted to take a minute and look back at what was happening with the Portland area Housing Market in November. This also comes after many articles coming out these first few weeks in January saying that the Housing Market […]

16 New Businesses in Portland in December 2011!

I love reading about the new businesses that have opened up in the past month. I think it’s so important to support small local businesses but even more I am inspired by these people. Running my own business I know first hand how difficult it is and I get re-energized reading about other people in […]

Buying a Foreclosure in Portland? Things every Buyer should Know!

Are you looking to buy a home in Portland? Curious about buying a foreclosure in Portland? In a December survey, Trulia found that 49 percent of Americans were at least somewhat likely to consider buying a foreclosure, up from 45 percent in May 2010. But the number of US adults who believed there are disadvantages […]

4 Ways Portland Sellers and Buyers can avoid Surprises at the Closing Table

I used to pass a mortgage company billboard on the freeway every day that read: “Surprises are for birthday parties.” (Implied: surprises are usually unpleasant when they arise in the context of real estate transactions.) The worst case scenario that looms large in the minds of buyers, refinancers and sellers alike is that they’ll get […]