Archive for September, 2008

Portland Inventory Report by Zipcode

September 29th, 2008 \\ Uncategorized

Welcome to the end of Summer 2008 update to the inventories by zipcode. This shows which parts of town and which types of property are selling and which ones are sitting. Inventory is figured in months with 6 months being balanced, less than 6 months favoring sellers and more than 6 months favoring buyers. If [...]

Read More >>

REO and Foreclosure Links

September 15th, 2008 \\ Uncategorized

I’ve been asked quite a few times for REO + Foreclosure info so I thought I’d just put up all the best links in one place. A list of different banks direct REO lists: http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp Aggregates all the bank lists out there but they want you to pay for details: http://www.foreclosure.com/index.html A free site that [...]

Read More >>

Fannie Mae + Freddie Mac Bail-out

September 8th, 2008 \\ Uncategorized

The big news over the weekend was the Federal take-over of mortgage giants Fannie Mae and Freddie Mac. Both companies common stock plummeted in early morning trading and there is speculation that stock holders could lose everything. The good news is that the Federal intervention protects the investors that loan money that is eventually used [...]

Read More >>