Archive for February, 2010

PORTLAND SALES VOLUME REPORT | FEBRUARY 2010

February 19th, 2010 \\ Uncategorized

390 homes were sold in Portland in January, down from 593 in December. I had predicted 400 with the normal sales slow down of the holiday season. This January is just slightly better than 2009’s. Wild cards: Tax credit has been extended to April 30th 2010 and new move up buyer tax credit added. Foreclosures [...]

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PSU Quarterly Report

February 16th, 2010 \\ Uncategorized

Without further ado, click here for the PSU Real Estate Quarterly Report.

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7408 SW Oak | SW Portland Duplex

February 15th, 2010 \\ Recently Sold

I recently helped a client buy this duplex in SW Portland. If you’ve been thinking about buying or you need to sell your home give me a call at 503.901.8100. I’m here to help you with any of your real estate needs and I always appreciate your referrals.

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Land & Lots.. New Hot Buy?

February 15th, 2010 \\ Uncategorized

Are land and vacant lots the new hot buy in Real Estate? Despite the fact that most western states have 2-3 years of lot inventory many investors are betting that the recovery will leave builders with nothing to build on. Who is buying the lots? Right now it’s more of a long term hold so [...]

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Now or Later?

February 3rd, 2010 \\ Uncategorized

I get asked all the time if you should wait or buy now? I think now is a great time! Interest rates under 5% Tax credit is good till April 30th – Close by June 30th FHA loans still only 3.5% down Many people also want to know what I think will happen to the [...]

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Portland Real Estate Inventory Report | February 2010

February 1st, 2010 \\ Uncategorized

Market maintains strength going into Spring Inventory remains balanced throughout much of the metro area and now favors sellers close in. Prices for move in ready homes in the core of the city should start seeing slight increases in sales price. The big wild card this Spring will be bank owned properties [REO] which sell [...]

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