In this forum we will offer discussions on a wide variety of subjects, but focus on Portland Metro and real estate. Hopefully our insights and experiences will inform, educate, challenge and entertain our readers week after week.
ARCHIVED BLOG POSTS
I just thought these two articles were more interesting when put together. There are some areas of Detroit that are going into forclosure where the banks are just giving up and selling for $300, $100 even $1! The closing costs and broker's fees add up to much more than that! Even the proper...
November Residential Highlights Sales activity continued to slow in the Portland metro area during November. The number of closed sales dropped 39.9% compared to last November. The 1,041 sold properties was the lowest sales total since February 1993. Pending sales also fell 31.7% compared to la...
There are those out there getting hit but the housing crisis even though they pay their bill in full each and every month. These victims are called tenants and are getting blind sighted by sudden evictions all across the country. And in a lot of states they have no recourse. This isn't just apa...
Rate Update 11/26/2008 WOW!! The Federal Reserve and Treasury rolled out an $800 billion dollar plan that includes buying up some $600 billion in debt tied to mortgages. This news obviously carried over into mortgages rates. Interest rates fell about 1 whole point to 5.25% today!! Lets get some b...