Tag Archives: distinctive portland home buyers
Opinion Piece for Portland Metro Market 2013
Clearly the residential real estate market bottomed in late 2010 and 2011 in the Portland metro market. In 2012 prices started slowly moving up albeit sporadically but what really changed that equation occurred with a change in inventory levels beginning … Continue reading
JP Morgan Sees Home Prices Rising 7% for 2013
There is no question the housing market bottomed in 2011 -2012 as more major banks and Wall Street housing analysts revise upward their numbers of homes projected to sell amid rising prices. To read more on this story please go … Continue reading
Housing Inventory Heads Lower for Home Purchasers
The news for Sellers of residential real estate is starting to become positive now that the inventory levels for homes on the market continues to plummet. For buyers, the low inventory gives them less selection and more competition since fewer … Continue reading
Stricter Rules for Adjustable Rate Mortgages
A new article for Buyers which by all measures changes and adds new and stricter rules for borrowing in the adjustable rate mortgage marketplace is a mandatory read. To review please go tohttp://www.marketwatch.com/story/stricter-rules-for-adjustable-rate-mortgages-2013-01-10?link=SM_hp_ls4e
Portland’s Luxury Real Estate Market Sales Increased 26.2% for 2012
A new Wall Street Journal article gives out new data on how the $1 million dollar and above luxury real estate market fared in all major cities for 2012. To read this information please go tohttp://online.wsj.com/article/SB10001424127887324481204578179823426813126.html
An Article For Seller’s During the Home Selling Process
The Wall Street Journal has a timely article for all Seller’s who have come to a mutual agreement on the sale of their home. To read this informative piece please go tohttp://online.wsj.com/article/SB10001424127887324205404578151590143248094.html?mod=WSJ_hpp_sections_personalfinance
Housing Prices Have Biggest Rebound in 2 Years
Home prices have had the biggest rebound in 2 years suggesting that the residential real estate market is beginning a slow recovery process. Low mortgage interest rates and low prices have contributed to the increase demand for housing. If the job market … Continue reading
Information on Obamacares 3.8% Real Estate Tax
The National Association of Realtors has an informative piece which helps explain Obamacares 3.8% tax on investment income. For all owners of investment and real estate properties please read the following. As always, we recommend discussing with your accountant and … Continue reading
Home Prices Increase 7.6% in 3rd Quarter vs. Last Year
According to the National Association of Realtors 3rd quarter prices have increased 7.6% vs. last year. This statistic continues a trend established at the beginning of 2012 which upon reflection suggests a pricing bottom occurred late in 2011. For more reading information please … Continue reading
New Home Construction Rises Nationally
New home construction continues to rise nationally with momentum growing well into 2013 according to a new WSJ article. For more information please read the following;http://blogs.wsj.com/developments/2012/10/17/why-housing-construction-is-rebounding/