Archive for August, 2009

KXL – Podcast: How to buy foreclosures

All about foreclosures! Listen here [skip to the middle]

Read More >>

KXL Podcast

My thoughts on how the soon to expire first time buyer credit and low inventory for first time buyer price range homes is creating a sellers market in Portland. Listen up here – skip the first half to get to my segment

Read More >>

The end of free money?

This morning on my guest spot as the real estate expert on KXL-AM I spoke about my instinct that there is a coming storm for first time buyers or anyone buying in the under $300,000 price range. 1. I think the first time home buyer tax credit will NOT be extended. Right now you have [...]

Read More >>

Podcast of my radio show

Loan Changes and Green Building. [skip to the middle of the podcast for my segment] Listen Here

Read More >>

New in August: Loan Disclosure Changes

Starting August 1st of this year, the Mortgage industry at large will be operating a little differently… specifically, operating MORE SLOWLY. August first is when the Mortgage Disclosure Improvement Act becomes enforced. Now like many government regulations, its reason for existence is quite noble and good. The reason they have this is to protect borrowers [...]

Read More >>

Portland Inventory Report – August 2009

Trend: Inventory of detached homes continues to fall as sales volume increases. Some areas now favor sellers. Homes under $250,000 are selling incredibly fast with the first time homebuyer tax credit expiring in the next few months. Condo inventory has stabilized but I predict prices will continue to fall until there is less inventory. Highlights: [...]

Read More >>