As a short sale specialist and Realtor in Portland, Oregon it is my opinion that our current housing rise will hit a bewitching hour when homes simply outstrip buyers’ ability to afford them. Stagnant wages mean that prices will have to level out or settle at some point down the road. How quickly we arrive at that critical mass of affordability will likely depend on whether home prices plateau or continue to rise.
As a real estate broker licensed in the state of Oregon and I’m a leading short sale specialist in the Portland area I was recently asked to share my opinion of the best/worst investments I’ve seen in real estate. My
An audit of newly filed judicial foreclosures in Multnomah, Clackamas, and Washington Counties during the 4th quarter period of 2012 clearly reflects the fact that distressed property owners remain in need of professional short sale real estate services. Banks are
Foreclosure Resources Now more than ever home buyers are looking to get the most for their money. Recent attention on Foreclosed Homes For Sale as a means of getting bargain-basement pricing or even buying in to equity have changed the
Home Builders Sentiment Remains Low Distressed Properties including short sales and foreclosures cut into new construction’s bottom line According to the National Association of Home Builders, little has changed in the housing market over the last two years. Home Builder
Banks Mired in Bad Loans & Paperwork Woes Credited For Slowing Pace of Foreclosures For the month of July, 2011 new foreclosures (number of first notice of default) dropped to less than 60,000 (7% less than June, 2011). The July,
For this week home values have remained stable in that the median asking price for Portland Real Estate Listings is $279,000 while asking price per square foot has remained steady at $146 per square foot asking price. Some Housing Market