Archive for September, 2007

Market Update – Low Rates – A good time to buy

September 26th, 2007 \\ Uncategorized

Homes are selling and money is cheap! We currently have 6.2 months of inventory which is the beginning of a buyer’s market – there are about 16,000 homes on the market in Portland metro. Rates are at their lowest in 4 years and it’s a great time to borrow money. All this being said the [...]

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Interest Rates Drop!

September 10th, 2007 \\ Uncategorized

We’ve been very lucky here in the great NW that our local real estate markets are bucking the trend of the rest of the nation. Yet, because of the National lending problems the Federal Reserve has lowered rates. Rates have just dropped to the best interest for mortgages in the last 2 years! There are [...]

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