3% is the new Zero Down - 03/31/08 10:00 PM
Many people have been calling this for a while now but it became official on March 28th, 2008 that PMI [Private Mortgage Insurance] on Zero percent down loans is now gone. So what does this mean?.... It means that the days of buying a house with no cash at all are … (1 comments)

Pending sales of detached homes up 107% in March! - 03/24/08 12:23 PM
There is a definite sense that things are picking up right now in Portland. I took a look at the numbers and, Wow! Pending sales of detached homes are up 107% in March over February. Buyers are coming out of the woodworks and multiple offers are becoming common again.
Here is … (3 comments)

Look who's on Fire - 03/19/08 12:19 PM
I was interviewed by a cool new website called http://www.portlandonfire.com/ that profiles one Portlander every day.
See the interview here
… (0 comments)

Time to get off the fence - 03/17/08 10:57 AM
A month ago when the numbers showed that Portland Metro had almost 13 months of inventory I broke it down to the close-in neighborhoods and showed that we still have a balanced market. A couple days ago news came out that inventory has Dropped back to 10.4 months and the number … (1 comments)

The Deal with Short Sales - 03/03/08 10:54 AM
With the National market in flux and certain segments of our local market slowing, buyers are looking for ways to save money and sellers are looking for a way to get out of trouble. Those two goals sometimes intersect with something called a short sale. A short sale is where a … (2 comments)

 
Real Estate Agent: Nick Krautter (Keller Williams)
Nick Krautter
Portland, OR
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Keller Williams

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