February 28th, 2009 \\ Uncategorized
I have put together this localized home inventory report to give context to the metro statistics that often make headlines. Real estate is a local affair and this report 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 [...]
Read More >>February 23rd, 2009 \\ Uncategorized
There is a new program for 2009 which could possibly make you $8,000 richer in the form of a tax credit [which you don't have to pay back]. 1. Buy a home in 2009 [Before Dec 1st 2009] 2. Be a First time buyer [You can't have owned another primary residence in the last 3 [...]
Read More >>February 17th, 2009 \\ Uncategorized
Buying a bank owned property could save you money but it has it’s own risks and quirks to be aware of. 1. Condition: Many REO [real estate owned by a bank] properties are in pretty tough shape. They almost always have the water and heat turned off so don’t expect a warm fuzzy feeling when [...]
Read More >>February 17th, 2009 \\ Uncategorized
My fascination with numbers and localized inventories began last January when the metro area started off 2008 with 12.8 months of inventory. It was a huge headline, it was the most inventory recorded in almost the last 20 years. Then February and March brought that number down and it averaged 10 months until October when [...]
Read More >>February 13th, 2009 \\ Uncategorized
I was recently asked to talk about foreclosures by local TV station KOIN 6. Thanks to Tim Joyce and the producers at KOIN for inviting me to help educate buyers about the pros and cons of REO or Bank Owned Properties. DayPortPlayer.newPlayer({articleID:”9802″,playerInstanceID:”5BBCE779-E203-9ADA-C7CA-C0061E0C00DE”,domain:”koin.dayport.com”,rootCategory:”126″,categoryID:”345″,videoHeight:”212″,videoWidth:”373″}); Click here to watch part 2 of the interview.
Read More >>February 12th, 2009 \\ Uncategorized
I just did an interview and walk-thru on a couple foreclosures for a story that KOIN news is running tonight at 5p and 6pm about foreclosures in Portland. Once it’s on their site I’ll link to it but for now you’re just going to have to TIVO me or watch live. www.koin.com
Read More >>February 9th, 2009 \\ Uncategorized
The current sitmulus package being considered now includes a new benefit for home buyers. Currently there is a tax credit loan of up to $7,500 but you have to be a first time buyer and there is an income cap for the benefit as well. The new package would up the tax credit to $15,000 [...]
Read More >>February 2nd, 2009 \\ Uncategorized
Welcome to the first report of 2009. 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 I missed your area just let [...]
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Nick Krautter: Principal Broker in Oregon / Contact: nick@sellpdx.com / Copyright © 2011 SellPDX.com