In this forum we will offer discussions on a wide variety of subjects, but focus on Portland Metro and real estate. Hopefully our insights and experiences will inform, educate, challenge and entertain our readers week after week.
ARCHIVED BLOG POSTS
It seems that economic crisis has caused an opportunity for some. (besides buying up cheap properties) Apartment vacancies are on the rise putting people in a mighty good bargaining position. Managers are starting to get desperate to get and keep people in their buildings all across the country...
Toll Brothers Inc. is a luxury homebuilder who is tired of watching buyers sit on the sidelines waiting for mortgage rates to hit bottom. They are now offering on their new-home inventory a 30-year, fixed-rate mortgage at an interest rate of 3.99% with no points paid up-front. The idea is to g...
I was going through the Realtor magazine and found a page about people connecting. With all the blogs and facebook pages and ways people are getting together on the internet this article was letting people know that you can still meet face to face. Apparently there is this website called http:/...
The Tony and Libby Kelly Group | Keller Williams Portland Premiere | 503-753-7300 14305 SW 100th Ave, Tigard, OR This stylish home, on over a 1/3 acre, has been meticulously renovated from top to bottom. Huge gourmet kitchen, w/slab granite, tile backsplash, and 4BR/2BA Single Family House offer...
This article on CNN.com mentions that one of the reasons that home prices were soaring too high was the appraisals. Loan officers and mortgage brokers were (and do) putting lots of pressure on some appraisers to "hit the number" that the officer or broker was looking for. So now there will be a ...
It's hard to be optimistic when pending sales for the month of November have hit a 7-year low, but you just have to try. There are so many factors working against home buyers like strict lending standards, recession, rising unemployment and the likelihood that their currant home isn't selling an...
Interest rates have fallen recently, as most people are aware, and naturally people are rushing to refinance in order to reduce their housing payments. The average rate for a 30-year, fixed mortgage dropped to 5.08% last week, according to the Mortgage Bankers Association, more than a full point ...