Oregon's Real Estate Blog

The Newberg City Council will be deliberating on the following items at the 4/19/10 meeting: 1. Water 2. Wastewater, and stormwater rates; 3. Non-conforming billboard sign; 4. A construction contract for 2nd Street improvements. 5. Approval of a sound permit and proclamation are also on the agend...

Ten Facts about Mortgage Debt Forgiveness  If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts from the IRS Tax Tip, Issue Number: 2010-44. Normally, ...

Just a few things to tell about the local  school community: Nominations open for Junior Citizen of the Year:  The Chehalem Valley Chamber of Commerce is seeking nominations for the Junior Citizen of the Year to be honored at the Chamber's Community awards Banquet April 8, 2010.  To be considered...

There were a total of 43 real estate transactions sold/closed in the month of January, 2010 in Yamhill County.  The following is a breakdown by town: McMinnville: 18 Sales $  7,500 to $555,000 Newberg: 10 Sales $115,000 to $307,542 Dundee:  3 Sales $125,000 to $199,900 Dayton:  2 Sales $250,000 t...

Newberg:        20 Sales           $  59,000 to $344,239   Dundee:          8 sales             $  39,000 to $239,000   Lafayette:       6 Sales            $150,000 to $300,000   Dayton:           4 Sales            $ 78,765 to $229,900   Amity:             3 Sales            $148,000 to $198,000...

Wondering what to do over the Holidays?  Here are a few things going on in Yamhill County you might enjoy. December 19, 2009:  Polar Express Pajama Day: Evergreen is hosting this event which will include festive crafts, and a book reading of The Polar Express by Chris Van Allsburg.  The Polar Exp...

62 Sales Total Between November 8, 2009 and December 8, 2009                                                 Lowest Price                           Highest Price   Newberg:        25 Sales           $ 49,000                 $630,000   Dundee:          5 Sales            $ 39,000                 $...

As if things weren't hard enough in this market, now the FHA intends on making it even harder.  The following information was in a Washington Post article I came across today.  FHA  presented lawmakers with outlines for tougher rules that the agency plans to impose on borrowers.  In order to qual...

10 Important Facts about the Extended First-Time Homebuyer Credit  If you are in the market for a new home, you may still be able to claim the First-Time Homebuyer Credit. Congress recently passed The Worker, Homeownership and Business Assistance Act Of 2009, extending the First-Time Homebuyer Cr...

Homebuyer Tax Credit Extended and Expanded Great news for homebuyers! The Homebuyers Tax Credit has been extended into the first half of 2010...and it has been expanded to include benefits for current homeowners! Who Qualifies? First-time homebuyers may be eligible for the tax credit worth 10% of...