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On Thursday, I listened in on Distressed Property Institute co-founder Alex Charfen's monthly phone call with his CDPE (Certified Distressed Property Expert) constituency. The topic of conversation: HAFA (Home Affordable Foreclosure Alternative), the Obama Administration's latest housing-related initiative, which is set to launch on April 5. One comment that caught my attention right off the bat: Charfen said 2010 is being hailed as "the year of the short sale." Not just because of the extensive short-sale inventory currently on the market all across the country. And not just because distressed properties will continue to be a significant segment of (1 comments)
No Doom & Gloom Today: Bend Included in List of Cities Expecting 2010 Gains - 03/24/10 03:06 PM
I was pleased (and I'm sure lots of folks will be surprised) to see that Bend has been included in a new roundup of the American cities most likely to experience home appreciation in 2010. In the article "Where Home Prices are Rising" on CNN's Money.com website, the markets that are projected to experience the biggest price gains (and biggest drops) in the country are detailed. Santa Rosa, Calif., came out on top, with a projected gain of 6 percent. (Hanford, Calif., was the biggest price loser, with a projected depreciation of 25.9 percent.) In case you missed it, here are a (0 comments)
Only minor changes in the Tumalo real estate market during February: The number of Active listings, number of pending and closed sales and days on market experienced only a slight shift. Of those, the decrease in inventory (from a 19-month supply in January to an 18-month supply in February) is perhaps most noteworthy. The real attention-getter: Another decrease in the median price for Active RW listings in Tumalo: from $609,450 in January to $599,000 in February. That may help explain why Tumalo sales activity is more vibrant than nearby Sisters, where the median price for Residential with Acreage is still (5 comments)
February 2010 Real Estate Market Snapshot for Sisters, Oregon - 03/16/10 10:56 PM
In February, the real estate sales activity slowed a bit in Sisters -- from 19 pending and closed sales in January to 10 pending and closed sales. No surprise there; there's typically a winter lull in Central Oregon. Meanwhile, the median sales price for Active Single Family Residence listings fell back into the $350,000 territory (after rising to $365,000 in January), while the median sales price for Active Residential With Acreage listings continued to decrease (from $711,500 in January to $699,000 in February). The high inventory in both Single Family Residences and Residential with Acreage listings continues to be a concern for (0 comments)
Daylight Savings Time: Time to Change Your Smoke Alarm -- Maybe - 03/12/10 02:33 PM
With Daylight Savings Time just around the corner (it's Sunday), Oregon State Fire Marshal Randy Simpson has advised residents to check their smoke alarms as they're resetting their clocks. Take note, however: He didn't recommend that everyone change their batteries. That's because smoke alarm laws in Oregon are different from many states. As of 1999, law requires all ionization-only smoke alarms sold here to have a hush feature. Also, if an ionization-only smoke alarm is also solely battery-operated, it must also have a 10-year lithium battery. That's why Simpson recommends that Oregonians should first test their smoke alarm (1 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.