Category Archives: Uncategorized
Informative Update on Portland Real Estate Appraisal Process
The following article helps explain the new standards and expectations for not only sellers of residential real estate but also buyers as well. Almost all agents and brokers have experienced the dramatic shift in the appraisal process however the general … Continue reading
Median Home Prices Up in 51% of Metros in 1st Quarter of 2012
It sure looks like the residential real estate market in most metro areas has bottomed and now there are early signals that prices are actually increasing from these depressed levels. Please read the following for more information:http://blogs.wsj.com/developments/2012/05/09/median-home-prices-up-in-51-of-metros/
Should Buyers Purchase New Homes Now?
With inventory for existing home sales being in short supply a timely observation has been made in the following Wall Street Journal article. Does it make sense for buyers to purchase brand new construction now? Does it pencil out economically? … Continue reading
Article on Appraisal Process Applies to the Portland Real Estate Market
A very interesting article describing the appraisal process in today’s real estate market can be applied to all of the Portland Metro Area. This specifically targets low appraisals and how to navigate the process. Please read the following article at … Continue reading
Portland Real Estate Challenges Seller’s Motivation & Buyer’s Patience
For 2012 the Portland real estate market will bring many challenges to both sellers and buyers especially trying to overcome the mainstream medias negativity to the industry. Northwest prices are trending down and are very close to testing the March … Continue reading
Forecast for 2012 Home Prices
Enclosed is an interesting article describing current pricing conditions in the real estate market and some thoughts for 2012. It is important to know that different geographical locations throughout the U.S. will have some challenges to overcome however the overall … Continue reading
Extraordinary Lake Oswego Custom Estate Highlights 2012
Our first home in 2012 we would like to highlight is a beautiful Lake Oswego Custom Estate built in 2001 by Skip O’Neill and located on 1.2 acres on the Oswego Lake Golf Course. To view this extraordinary property please go … Continue reading
Portland Real Estate Prices Remain Soft For 2nd Consecutive Month
The Portland Real Estate Market continues to soften at years end thus for Sellers and Buyers in this environment two different strategies are needed. The Sellers need to market their properties correctly by being the ” stand out value ” versus … Continue reading
Home Prices Remain Flat in Portland Metro Market
Continuing the bottoming trend established over the past year home prices for the month of July remained relatively flat increasing 1% in the Great Portland Metro marketplace. In the coming months as seasonal factors begin to surface look for prices … Continue reading
Change In Conforming Loan Limit Coming
The FHA conforming loan limit is being reduced in Oregon effective October 1, 2011. The following counties loan limit will change to $362, 250: Clackamas, Multnomah, Washington, and Yamhill. For buyers of real estate located in Lake Oswego, West Linn, … Continue reading