tigard real estate: Grand Hotel
- 10/09/09 12:14 PM
Was anyone besides me wondering what in the world they've been building behind the Bridgeport Whole Foods? Well the Tigard Times tells me that it is a new hotel. Someone didn't get the news about the economy. But sometimes a down economy is the perfect time to act. A family-run Salem company called VIPS Industries opened up the Grand Hotel in August. They used to own a restaurant on this same spot but it did not work out. Then Bridgeport Village moved in and an opportunity arose. VIPS Industries always knew this location would be great, that is why they held … (2 comments)
tigard real estate: Gen Y
- 07/23/09 10:39 AM
The Residential Specialist for July and August mentioned that half of Generation Y (born 1980-1999) plan to buy a home in the next three years. This statement was the result of a study by The Concord Group which also found that 70 percent of those who participated in this study believe that home prices will stay where they are now, or will be higher, two years from now. Gen Y is not down with the long commute. They say they are willing to pay a premium to live close to work. Also found in this study is that Gen Y wants … (0 comments)
This June, same-month pending sales were up for the first time since December 2006 in the Portland metro area, and inventory reached its lowest point since August 2007. Comparing June 2009 with the same month in 2008, pending sales were up 8.4%, while closed sales decreased 5.4%. New listings also dropped 18.3%. Further, comparing June 2009 with May 2009, closed sales increased 24.5% (1,776 v. 1,427) and pending sales were up 10% (2,164 v. 1,967). New listings also rose 9.7% (4,257 v. 3,879). Inventory fell to 8.2 months, dropping for the fifth consecutive month and reaching it’s … (0 comments)
tigard real estate: Hollywood Calls On Tigard
- 07/15/09 06:54 AM
“Public Enemies,” the movie which just opened Wednesday, Johnny Depp’s plays John Dillinger who holds up banks and fights off FBI agents. If you find yourself admiring his sleek gun holster, it's because it was made in Tigard, Oregon. Ted Blocker Holsters produced the leather holsters worn by Johnny Depp, Christian Bale, Jason Clarke and several others. Don and Shelley Brown have owned the holster company since 1999 and produced props for several other movies. So it is nothing new for them but it does make them proud to see their products out there. California prop house Independent Studio Services contacted … (1 comments)
tigard real estate: Portland OR Market Report
- 06/16/09 05:16 AM
May Residential HighlightsSales activity in May for the Portland Metro area continued to march upward compared to the prior month, but lagged behind 2008 levels.Comparing May 2009 with the same month in 2008, pending sales were down 7.4% and closed sales decreased 23.4%. New listings also dropped 25.1%. On the other hand, comparing May 2009 with April 2009, pending sales grew 5.8% (1,967 v. 1,860). Closed sales also rose 9.6% (1,427 v. 1,302). New listings increased 1.9% (3,879 v. 3,808).Inventory dropped to 10.2 months, down from 11 months in April – the fourth straight month of decline. Active residential listings in … (0 comments)
tigard real estate: Just HAS to be good!
- 05/26/09 10:39 AM
There is a new restaurant in town and I will be heading over to try it out as soon as I possibly can. A BBQ chain call Famous Dave's has just opened up in Tualatin, Oregon that is not only adding 150 jobs but providing much needed BBQ to the SW area of Portland Metro. Oregon has always had far too few BBQ joints so it makes sense for one of the chains to finally make it's way out here because if they are any good, I guarantee it will be extremely popular. http://tigardtimes.com/news/story.php?story_id=124287187716194400 http://www.famousdaves.com/ PLEASE CHECK OUT OUR NEW PODCAST … (1 comments)
tigard real estate: Great News For First Time Home Buyers!
- 05/14/09 09:52 AM
GREAT NEWS FOR FIRST TIME HOME BUYERS! Great news for first-time home buyers. This week, Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development stated that the Federal Housing Administration (FHA) is now going to permit it's lenders to allow home buyers to use the $8000 tax credit as a down payment. Previously, buyers had to wait to file their taxes to take advantage of the tax credit, which hindered some home buyers from buying. By allowing buyers to utilize the tax credit as a down payment, money will now be freed up for the buyer … (0 comments)
tigard real estate: Take Advantage of Interest Rates
- 04/22/09 10:48 AM
It seems like everywhere you turn there is some letting you know how amazing rates are now and how you MUST take advantage. At the same time you will hear story after story of people with decent to great credit not being able to get one of these amazing loans because of stricter standards. So how do you give yourself the best chance possible? To start you are going to want to see if you qualify for a refi. Banks are currently wanting a credit score of at least 740 and 20% equity. These are not hard and fast guidelines but … (0 comments)
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.
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