Oregon City, Milwaukie Housing Update 10-04/2014

Portland Home Values
Home values in Oregon City and Milwaukie seem to have plateaued in recent weeks with, buyer activity slowly tapering off as we move from the busy summer real estate season into the cooling off period typical of autumn. For these Portland suburbs, average days on market has been trending upwards dramatically while at the same time the inventory of available residential listings in Oregon City have been sharply declining, while available listings in Milwaukie have only been mildly declining. At first, it seems like reduced inventory would stimulate the market and the truth is it may be, but only to an extent. However, if the supply of available homes for sale is declining somewhat and demand is dropping more dramatically then the balance may begin to shift in favor of…
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Short Sale Specialist Report: Milwaukie, Oregon Fall 2014

Short Sales
We're short sale specialists serving Milwaukie, Oregon and we've helped a multitude of home owners just like you regain their financial freedom. Our of our team members are SFR (Short-sale Foreclosure Resource) certified specialists and we always handle all negotiations in-house so you get the best quality service. Some of our competitors outsource the short sale work but this often leads to buyers and sellers getting stuck with blue-sky middleman fees. When you call us you speak directly with experienced Realtors who are ready to help you short sale your Milwaukie, Oregon property. We Negotiate Your Short Sale Personally: It's Our Duty To Put Your Needs First We want your short sale done right, so we do it ourselves (providing a better service while saving you money by not tacking…
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Short Sale Specialist Gresham, Oregon Report Fall 2014

Short Sales
If you need a short sale specialist in Gresham, Oregon give us a call. Whether you need help with buying or selling we'll make things happen for you. We work with all major banks and we negotiate directly with the bank on your behalf. It's important to note that as negotiators and Realtors we work for you and have a legal duty to serve your best interests. While we work with the bank to make the short sale win-win so the bank will say yes, our fiduciary obligation is to deal honestly with our clients while acting in good faith to you. Get Help With Your Gresham Short Sale Now: 503-473-8001 We Never Charge Extra Fees For Short Sale Services We're brokers with Oregon Realty Company, the largest independent brokerage…
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Metro Area Homes For Sale Report 09-26-2014

Portland Real Estate Market
Home prices in Portland have been relatively flat lately, and the market is generally showing signs of what may either be seasonal slowing or possibly home values settling. Surrounding areas like Gresham, Oregon are also seeing a decrease in home purchases punctuated by dramatic increases in days on market. For Beaverton, Oregon the story is much the same with days on market steeply increasing while market action seems to be in a slow slump. Close-in, desirable areas like Lake Oswego are seeing very mixed signals like dramatic increases in days on market, sharply declining inventory, and a decrease in buyer activity via the market action index. Below we'll examine the city of Portland along with select surrounding areas including Gresham, Beaverton and Lake Oswego in greater depth. Portland, OR Housing…
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Portland Metro Area Real Estate Report 09-18-2014

Portland Real Estate Market
Portland Real Estate Update: Overview The residential real estate market trends have been generally somewhat negative with a few areas that seem to be more neutral, depending on the price and demographic. For Portland and the surrounding areas within this study it is noted that days on market are increasing (the rate of increase varies from slight to strong increase in days on market). While nobody can predict future profits and losses in Portland real estate, it's important to note that factors such as days on market can and do act like a barometer or weather-vane and can often be used to help get a sense of where the market may be headed. Similarly, the market action index which measures buying activity from well-qualified buyers has also been negative in…
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Portland Metro Housing Update 09-09-2014

Portland Real Estate Market
Real Estate Market Report For Portland, Oregon & Surrounding Communities With Portland, OR and many of its surrounding suburbs seeing average time it takes residential homes for sale to sell increasing the market appears to be slowing down. This is not surprising given the fact that we're reaching the end of the busy summer buying rush and moving into the usually slower paced Portland real estate market typical of the fall and winter months. Uncertainty remains as to whether what we're witnessing is nothing more than the normal, seasonal price fluctuation seen amongst homes for sale in a healthy economy or if these are early signs of a general softening following the very robust price increases seen post-recession. If you need to sell your home or if you have questions…
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The Equator Short Sale System

Short Sales
Equator: Short Sale Specialist Discussion Who am I? I’m Richard Lockwood, real estate broker licensed in the State of Oregon and a Realtor in good standing. I work directly with Bruce Lockwood my business partner and have helped hundreds of people successfully complete short sales. Bruce and I are brokers with Oregon Realty Company, the largest independent brokerage in the state and our firm brings almost 7 decades of real estate excellence to every person we help. I am not an attorney, I am not a tax professional and I can’t give legal or tax advice… That said my experience as a broker in short sales speaks for itself. Who Uses Equator? Many major banks such as bank of America, wells fargo, nationstar and others use the Equator platform as…
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Distressed Sales Information 1st & 2nd Quarters

Portland Real Estate Market
Distressed property sales in the Portland metro area dipped in the second quarter of 2014 as the spring buying season heated up. Short sales dipped from being 6.1% of total sales to being 4.1% of total sales for the first and second quarters of 2014 respectively. Bank owned foreclosures (REO) properties experienced a less abrupt drop from 4.9% down to 4.7% when the first quarter of 2014 is compared to the second quarter of this year. Inventory of available homes offered on the market throughout Portland remains quite low and this low inventory may be fueling the drop in short sales as rising prices move more sales into the non-distressed category. Also, national politics may be playing a role as congress has failed to reach an agreement extending the Mortgage…
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Portland Short Sale Specialist

economy
As real estate brokers we are not attorneys and as such, this publication should not be construed as legal counsel or advice. In the course of our duties as agents some of our clients choose to retain legal or financial counsel and we work in cooperation with such professionals in the process of serving you, our client. We As Realtors in Portland and short sale specialists… our legal obligation is to work for you, and to serve our clients’ best interests We’re licensed real estate brokers in the state of OR, with Oregon Realty Company and we’re held to a very high standard of ethical conduct known as fiduciary duty to our clients While we cooperate with a variety of banks, attorneys and financial institutions to complete a short sale…
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Wall Street Speculation Driving Up Home Prices

Portland Real Estate Market
Investors Buying Short Sales & Foreclosures In Bulk, Profiting Big This article is opinion based on available data from a variety of news and financial sources. This article is not legal, tax or financial advice. The author is a real estate broker licensed in the State of Oregon, and an short sale specialist in Portland. [caption id="attachment_6950" align="alignleft" width="300"] Wall Street Back To Gambling On Real Estate[/caption] While recently reduced numbers of short sale transactions and foreclosures have pushed real estate investment money back into flipping and renovating, in the height of the recession many major financial interests were buying short sale and foreclosure homes in bulk and trading them as a commodity. Now, these investment companies appear to be slowing their rate of purchase as the supply of distressed…
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