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Portland Pending Activity For June 2009

Only 78 more homes went pending than in March and 146 more than April. I don’t expect a large jump for the rest of this Summer but Fall might be interesting. If they don’t extend the $8000 tax credit, there could easily be a rush this Fall to get the credit before the dealine. The […]

In Short Sales The Patient Buyer Often Wins

Eighty percent of success is showing up. -Woody Allen. I got a call yesterday on one of my short sale listings.  The potential buyer wanted to know if there were any other offers because if there was, she didn’t want to compete.  Too much trouble. Most anyone who knows a little about short sales knows that […]

Taking Your Own Advice, It’s Not Just For Other People

Moron Cuts Tree and Crushes His Porch Anyone else think he was cutting on the wrong side? Too little too late but I bet a lot of us could have given him some good advice and I bet afterwards he realized he knew better. This is half rant against myself and half a reminder to […]

Low Ball Offers: It Can Hurt To Ask

Seth Godin had a post about the damage that can be done by asking.  Real estate is a slightly different situation where people don’t get a chance to connect usually and it is a “cold” request.  Seller’s can take low offers personally which I have seen many times.  Low ball offers in this case are […]

FED Predicts Growth In 2010 But Does That Help You?

From USAToday, The Federal Reserve said the economy will be weaker than it initially forecast through 2011, though the central bank still expects the recession to end this year. This is something that I have mentioned time and again.  Economic predictions are darn near worthless and it seems you might as well flip a coin […]

Rant About Drivers: Bethany Intersection

I am here to rant, indulge me a bit if you hate stupid drivers. See the friendly little triangle of green at the top?  See the arrows showing the flow of traffic?  Can you see the two cars facing Bethany just below the yellow line? Also notice that Bethany has two lanes running south.  Okay. […]

Moral Code: Everyone’s Doing It

Video Link I enjoy psychology and learning counterintuitive ideas that affect us. For the poker players out there, the invention of the poker chip has been lauded as a turning point in the participation and growth of the game – it took away the immediate true value of the money. In one of the studies […]

Portland Area Pending Activity Through 5/15/09

We are only halfway through May but we are close to a full month of Pending for January or February.  As of tonight 906 homes have went Pending this month. January gave us 1062 and February 1142 so we are well on our way to beating last month though we are still below January 2001. […]

Portland Real Estate April 2009 Market Action

Here is the full Portland Metro Area Market Report. Highlights, Portland is the most affordable since December 2004   Pendings are up 1,860 vs 1637 from last month.  Which is close to my numbers. April 2008 to April 2009 shows sales down 10.9% and closed sales are down 17.7% New Listings dropped 28.1% April 2008 […]

Friday Real Estate Linkup

20% in the Portland area owe more than their homes are worth. 26% in Bend owe more than their homes are worth. 3388 Oregon homes foreclosed in March 2009.  Oregon had the nation’s 10th-worst foreclosure rate in the first quarter and ranked 12th for the nation based on March activity. Foreclosure guru hit with $3.2 […]

Portland Real Estate Pending Activity For April 2009

This is the updated chart for April 2009.  Once again these are my numbers, I only have detached homes, condos, and townhomes. Late afternoon on April, 30th there were 1628 Pending homes.  The updated numbers show 1713 Pending listings for April.  Almost 200 more than March which doesn’t sound like a lot but that is […]

Realizing When We Don’t Know

Sometimes we have to realize when we are in over our heads or, better yet, about to go past a point of no return.  A relative of mine avoided a big mess by heeding the advice, and pleas, of family members to get information from an expert.  The downside was finally too much to ignore […]

Portland Pending Activity So Far For March 2009

As of April, 14th we had 755 home change their status to Pending in the Portland Metro area. In the next 15 days we had 873 homes turn Pending. The activity is increasing as we get further into Spring. I was really hoping for a larger difference between this month and last but that wasn’t […]

What Is Single Stream Recycling And How Does It Work?

The Portland area recently started Single Streaming Recycling where you can put all of your recyclable material into one container. This is a boon for recycling as many just didn’t want to have 3 or more bins to sort out the right types. I wondered how complicated the process is to sort those materials and […]

Blazers 4th In The West

   Only one reason for the post.  To tell my friend, “I told you so.”  The Blazers are 4th in the west as I predicted when the season started.  Below is the post where I predicted it.   http://mikecandoit.com/2008/10/28/it-is-finally-blazer-day The Blazers are more fun to predict than this market.

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