portland

Why I Love Portland

There are many reasons to love Portland but I just want to list the overall benefits of our location and climate.  We mayhave incidents of the items I list but it isn’t so much that anyone expects these things.  I love Portland because we don’t have: Tornadoes Rattlesnakes Hurricanes Scorpions Earthquakes Droughts Floods (at least […]

Quick Hits

Find the cheapest gas for an area. My client bought this tomato and soon thereafter had an accepted offer.  I am not saying that it brought the offer but when a tomato is called the Mortgage Lifter, what are you going to do? Coyotes are on the rise in Lake Oswego. I was driving through […]

Happy Sewer Days

Talking with a sewer repair man I learned that there have been quite a few problems with new construction sewer lines.  When I first started in real estate I did what most rookie agents do, I never pushed my clients to do a home inspection on new construction. “It’s new.” “They will fix anything wrong […]

Dealing With The Bank

I talked to someone who had a bad conversation with the bank about her defaulting loan.  For the most part, I have heard the banks are nice and helpful.  They understand the market has changed and don’t beat up the customers but will still tell the what will happen. This person got ahold of an […]

Foreclosures Prices Aren’t Low Enough

This is what I overheard yesterday.  Two gentlemen were talking and one asked what the other did. “A little commercial real estate, some foreclosure stuff, you know.” The other guy said, “I am waiting for the prices to come down further before I get back to buying foreclosures.” They walked away and I missed out […]

Free Events For The Weekend

Around the Sun blog came out with the weekly list.  Once again Twisted is my pick.  I love Raising Arizona and my favorite scene is where he tries to rob a store to get diapers which doesn’t work and then hilarity ensues.  Also for about 5 years in my mid 20’s I had on average […]

Market Highlights

I don’t like Median and Average Sales Prices because there are so many factors that can affect it. But I do like the actual numbers. For the year so far in comparison to last year, Listings ↑3% Pending Sales ↓35% Closed Sales ↓30% They say we don’t have to the same exposure to the subprime […]

A Buena Vista Auction Result

I have just heard about a home that sold at the auction this weekend.  It sold for $505,000 including the 5% auction fee.  The home was listed for as low $560,000+ and has high as $605,000.  Here are the listing prices (rounded) over 500 days, $610,000  (100+ days) $645,000 (one day) $610,000 (8 months) $677,950 […]

Fraudulent Craigslist Postings

This was sent out by RMLS today: It has come to our attention that some homes that are posted for sale on Craigslist are being fraudulently re-posted as low-rate rental listings on Craigslist. The photos, address and other details were all included in the scam rental post with an e-mail address directing people to what […]

The Market And The Fed

Recovering from some kind of flu gave me the chance to watch CNBC where Bernanke, the fed chief, spoke about the economy. Expects 75-100 banks to go under.  Analyst noted that during the S&L crises, 1600 banks closed.  ml-implode.com tracks the mergers and closings of banks. This market change is worse than 2001 because mainly […]

Want To Complain About Your Neighbors?

Update: I guess this site is no longer available. Rottenneighbor.com will let you say anything you want about your bad neighbors. Some people throw good comments up there but really most are only going there to read bad comments or post the bad comments. I would imagine that this site will go down sometime in […]

Market Report For January 2008

Good News: Average Sale Price Appreciation – 6.1% ($343,900 v. $324,100) Median Sale Price Appreciation – 6.1% ($289,900 v. $273,200) Appreciation percents based on a comparison of average/median price for the last 12 months (2/1/07-1/31/08) with 12 months before (2/1/06-1/31/07). 12.8 Months of Inventory.  Every January we have a jump with inventory between December and […]

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