Portland real estate statistics for July don’t look as good as the June numbers. The first time home buyer tax credit deadline has definitely skewed the numbers. Many people buying a home in Portland Oregon bought in April (instead of July) to take advantage of the tax credit. It will take a few more months [...]
Where’s the bottom of the Portland real estate market? Are home prices going to continue to fall or are they stabilizing? These are great questions. Determining answers is tricky. We’ll only know the bottom of the market when we see it in the rear view mirror. But there are definite signs of stabilization. To compare [...]
Are you thinking of buying a home in Portland? It’s July, 2010. We’re now three years into our recession/depression/darn grim real estate market. This little update will keep you informed about the current climate for home mortgages if you are buying a home in Portland. Keep checking back here. This topic changes all the time. [...]
Here are the February real estate market statistics from RMLS. It’s helpful info if you are buying a home in Portland or thinking of selling your home. The February stats aren’t great. But the number of new listings, pending sales and closed sales are all better than in February 2009. So the market is moving [...]
Many first time home buyers have just 18 more days to participate in the $8,000 federal tax credit program. But there’s a one year extension of the program for some members of the military and certain other federal employees. Service people qualify if they are: members of the uniformed services, Foreign Service and members of [...]
As the First Time Home Buyer Federal Tax Credit Program winds down, other programs are cropping up to help home buyers. Here’s one for people wanting to buy a home in Portland or any other part of Oregon. Oregonians looking to buy their first home may qualify for an assistance grant from the Home Sweet [...]
Q: Hey Tim, one of my clients asked me about using one of those debt relief companies you see on TV. What do you think? A: Anne, I’d tell your client to beware of so-called debt services as advertised on TV! Here’s why: Any promise of “Instant” debt relief is likely to be a scam, [...]
Right now, as the Portland real estate market continues to stabilize, there are unique opportunities for home buyers and home sellers. It you’re trying to time your purchase for the bottom of the market, now is the time. And see below why you might want to time your sale for the bottom of the market [...]
The federal government is giving away money to home buyers. Do your part. Stimulate the economy. Receive what may be a once in a lifetime income tax credit when you buy your first home or as an existing home owner, buy another home. If you need more info, please give me a call. I can [...]
Buyers take notice. It’s time to act. Prices are down, interest rates are down, and many analysts feel we are near or at the bottom of the market. The good points: Prices in October still moved downward. This month’s figures show a lower average sold price (2.3% lower) than September’s figures. Yet the median price [...]
