Portland Real Estate Blog

By
Real Estate Agent - Keller Williams Realty Professionals
The source in Portland for real estate news and commentary.
RECENT BLOG POSTS
Some interesting market stats from the Lake Oswego Real Estate Market for the period ending 11/11/2010   The average home sold for 95% of list price The average sale price in Lake Oswego is $473,349 There is currently about 7.9% months of inventory in Lake Oswego The Pending ratio is 12.7% (this ...
11/12/2010
My disclaimer: I'm not an attorney or a CPA. I just do a lot of short sales and therefore have formed an opinion. And you know what they say about opinions! It seems that the finger pointing continues. . .  Now some of the investors who are taking losses in short sales and foreclosures are suing ...
11/10/2010
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Cherry Park short sale! Sprawling daylight basement ranch with updated kitchen, hardwood floors, 2 fireplaces, manicured back yard, and more. Room for everyone! Buyer to verify all info. Full Details http://www.SEARCHINGPORTLANDHOMES.COM/listing/mlsid/210/propertyid/10039164/syndicated/1/cgltguid...
11/04/2010
My disclaimer: I'm not an attorney or a CPA. I just do a lot of short sales and therefore have formed an opinion. And you know what they say about opinions! Private mortgage insurance (PMI for short) can be a really big road block in short sales. Sometimes it's not even obvious that there is pmi ...
10/05/2010
My disclaimer: I'm not an attorney or a CPA. I just do a lot of short sales and therefore have formed an opinion. And you know what they say about opinions! Just a quick tip. As  negotiations progress with any lien holder, make sure you keep moving the closing date out on the HUD. Even though we ...
06/28/2010
Laurelhurst homes for sale Portland, OR. Did you say you want vintage? Historic? Individual? In Portland, Oregon that's the Laurelhurst neighborhood. Few places in any city have the personality and stunning beauty that is provided by the hundreds of classic homes that populate Laurelhurst. From O...
06/02/2010
Amazing home in Forest Heights
05/28/2010
A couple of years ago most of my short sales would have ended with no deficiency judgments for the home seller. Nowadays that's still my ultimate goal, but it's not quite the foregone conlusion that it used to be. A lot depends on who the lien holder is and the financial condition of the seller. ...
05/28/2010
My disclaimer: I'm not an attorney or a CPA. I just do a lot of short sales and therefore have formed an opinion. And you know what they say about opinions! 3 weeks. That's it. I'm stunned. We have an extremely organized well run team around processing short sales. We have a full time negotiator ...
05/10/2010
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According to RMLS of Oregon: Comparing March 2010 with the previous month, February 2010, closed sales drastically increased 77.2% (1,799 v. 1,015) and pending sales grew 29.8% (2,402 v. 1,850). Who says the tax credit isn't impacting our market?
04/28/2010
Rainer
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Rick Sadle

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