Archive for the ‘real estate’ Category

Short Sales: Answers for First Time Home Buyers

Oh lovely short sales.  Your allure and promises of a “great deal” are hard to resist.  But are your promises empty?  Are you tempting buyers only to let them down in the end?  I was always told that if it looks too good to be true than it probably is.  And when I work with […]

What are Closing Costs?

Good question!  If you are looking into buying or even selling, you will have to deal with closing costs.  So what are they?  In short they consist of a variety of fees and expenses that you and the seller will have to pay at the time of closing. Your lender must provide a good-faith estimate […]

7 Reason to Own your Portland Home

7 Reasons to Own Your Portland Home  1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home. 2. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median […]

Where and Why are Foreigners Buying U.S. Real Estate?

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 […]

Tiny Houses are all the Rage!

Forget the giant house with a bunch of unused space and a big price tag! The new rage is tiny houses! Yay! Here’s a list of some of the coolest tiny homes, with one even being from Portland. Go here.

The Latest Portland Housing Report

The year has started off on a very positive note. Sales activity in the Portland metro area continued to show improvement in closed and pending sales when comparing this January to the same month a year ago. Closed sales experienced a 18.3% increase, posting the highest numbers for January since 2007. Pending sales saw growth […]

Five Big Banks agreed to a Deal. Is it enough?

Likely many of you have heard about the deal reached last week between the Governement and the five largest banks. President Barack Obama made a speech last Thursday where he spoke about the housing crisis and his new settlement that will “speed relief to the hardest hit homeowners and some of the most abusive practices […]

Beat the Competition and Get that Portland Foreclosure!

While bank-owned homes are plentiful in Portland, they aren’t always easy for a buyer to get. Foreclosures sell at bargain prices — sometimes at 35 percent discounts when compared to nonforeclosures. These ultra-low prices are attracting investors and all-cash offers, which makes it difficult for other buyers’ bids to win out. Here’s how Portland buyers […]

Obama’s State of the Union and What it means for Real Estate

Everyone has been talking about the State of Union delivered on Tuesday by President Obama. It’s hard not to. It doesn’t even seem to matter if you are a democrat or republican or libertarian or none of the above. And maybe it’s just me but it seems like people are paying more attention to politics […]

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 […]