patrick krause: Patrick Krause - Real Estate Developments in Oregon
- 10/10/17 03:26 PM
If you are looking for raw land, an individual lot, existing new construction or to build your own custom home, call Patrick Krause today! I specialize in land development and new construction and I have an array of properties for sale in almost every phase of development throughout the state of Oregon. Click the photos associated with each development for more information...
City Lights
Why buy a condo? Now you can have unobstructed views of the city, river and mountains within blocks from the city center without having to ride a community elevator or pay thousands in HOA fees! This exclusive gated and extraordinary neighborhood epitomizes the … (0 comments)
The restaurants in Westmoreland are very eclectic, conveniently located and they offer a wide variety of cuisine and price points. Moreover, unlike many other small communities, you can find breakfast, lunch and dinner on the menus of many of restaurants in Westmoreland. Nothing is worse than seeing that CLOSED sign in the window when you are craving a delicious hot breakfast! In fact, some of the restaurants in Westmoreland even specialize in delicious breakfasts! I recommend the Breakfast Burrito at the Fat Alberts. Author's note: even though it is technically not one of the restaurants in … (0 comments)
patrick krause: Metro Market Report for September 2011
- 11/04/11 07:22 AM
Here is a quick glance at some important market trends and stats in the Portland Metro Area for September 2011 as reported by the local MLS: Compared to September 2010, closed sales increased 13.4%, pending sales increased 17.5% and new listings dropped 29.5%. The average sale price declined 4.2% and the median sale price fell 3.8%. When compared with the previous month (August 2011), closed sales decreased 12.1%, pending sales decreased 14.9% and new listings fell 13.1%. The average sale price went down from $271,800 to $268,200 (-1.3%) while the median sale price increased from $225,000 to $230,800 (2.6%). At the … (2 comments)
patrick krause: Wall Street Journal: "Finally Time to Buy a House"
- 10/18/11 02:20 AM
We have all heard the talk about the real estate "bubble". We have also been hearing (and in some cases experiencing) how bad things have been over the last few years. Hence, many people are wondering if we have hit bottom yet. In other words...is it safe to actually participate in the market again? The Wall Street Journal recently published a pretty informative article that helps answer that question. Here it is: http://online.wsj.com/article/SB70001424052970203914304576630891758741406.html Feel free to contact me with any questions about this information and/or about how this pertains to our local market. … (3 comments)
patrick krause: Custom Green-Built Condos Just Minutes to Downtown Portland!
- 10/10/11 12:43 PM
Welcome to the Crosswater Condominiums...a custom-built and very well appointed new construction project in one of Portland's most desirable neighborhoods: Westmoreland! The custom design and décor combines the rustic look of the Pacific Northwest with an urban chic vibe and offers new owners high-end materials and amenities in a very reasonable price range ($274,900-$289,000). Please visit www.crosswatercondos.net for more information!
Contact Patrick Krause today at 503.807.4430 to arrange a private showing! … (2 comments)
patrick krause: Soldera Properties Is In (and on) The News!
- 09/28/11 09:44 AM
Cindy Sehorn-Singh is one of our top brokers at Soldera Properties and she was recently on the news in a very informative segment about the Portland Real Estate Market: http://www.kgw.com/news/business/Portland-bucking-lower-home-sale-trend-130609408.html Great job Cindy! … (0 comments)
patrick krause: Summer Fun On The Willamette River In Portland Oregon
- 09/07/11 09:44 AM
We just took our family on the one-hour tour with Willamette Jet Boat Excursions and it was a blast! If you are looking for a really fun way to cool down in the heat and maximize the remaining days of summer then I highly recommend that you take a jet boat ride down the Willamette! Warning....you will get wet! The boat is fast and it even does 360 degree turns! You also will learn quite a bit about our city on the ride...for example, did you know that the old sternwheeler boat docked on the waterfront was the one used in … (0 comments)
patrick krause: $8,000 Tax Credit Gets Better!
- 05/15/09 05:06 AM
HUD secretary announces that lenders will be permitted to allow homeowners to use the $8,000 tax credit as a down payment. READ THE REST OF THIS POST AT www.metromarketnews.com … (0 comments)
patrick krause: Creative Deals Are Becoming More Common
- 12/02/08 09:44 AM
In light of the recent real estate market trends and condition in addition to the shake up in the financing industry, buyers and sellers are beginning to implement creative ways to get deals done. Trades, private financing and short sales are some of the most common developments in the market. Many people are not sure how these types of transactions work so I will attempt to explain them on this post.Go to www.metromarketnews.com for the rest of this post! … (0 comments)
patrick krause: Where to Buy and Sell in Portland, Oregon
- 10/27/08 08:47 AM
Obviously, there are good deals and bad deals in every area of the city. However, there are clearly parts of the Portland Metro area where home values are declining and there are other parts where significant appreciation is still occurring. It goes without saying that purchasing real estate where values have declined does not necessarily mean that the value for said property will immediately begin to appreciate and will not continue to decline nor does attempting to sell a home in a sector of the city that is currently increasing in value guarantee that a profit will be made on a transaction … (0 comments)
patrick krause: Short-Sales and How They Affect The Real Estate Market....and You!
- 10/21/08 11:05 AM
What is a short-sale? Essentially, a short-sale is negotiating with a mortgage holder to accept less than what is owed on a property as payment in full.Why would a bank accept less than what they are owed on a specific property? There are several reasons but often times it boils down to the fact that the bank would rather take less up front in exchange for not having to endure the lengthy (and in many cases very expensive) foreclosure process. When it becomes clear that the current homeowner will be unable to continue making adequate payments, then foreclosure proceedings will likely … (0 comments)
patrick krause: Portland Is On The Map!
- 10/09/08 12:55 PM
Over the last few years, Portland has been slowly recognized as a destination city on the west coast. Despite the fact that it is flanked by high profile cities like Seattle, San Francisco and Los Angeles, an increasing number of people have decided that Portland is the place where they want to live. Each year, national studies and surveys are conducted that rank American cities in an array of different categories. Portland is consistently in the top portion of the lists and lately has been ranked number one in many of them. Here are a few of the most recent lists and topics: … (1 comments)
patrick krause: Seller Rate Buy-Down is Often Better Than a Price Reduction
- 10/03/08 06:54 AM
In most normal circumstances, properties sell for less than the asking price. If one were to look at almost any comprehensive market analysis for a given area, the average price for the SOLD listings would likely be less than the average price of the ACTIVE listings.In abnormal circumstances such as what we are currently experiencing, sellers' motivation levels are higher than normal, listing prices are being reduced and are therefore lower than normal and qualified buyers are often able to "get a deal."However, many buyers do not realize that they can almost always get an even better deal by improving the terms rather … (0 comments)
If you are looking for raw land, an individual lot, existing new construction or to build your own custom home, call Patrick Krause today! I specialize in land development and new construction and I have an array of properties for sale in almost every phase of development throughout the state of Oregon. 
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