I’ve been asked why Fed rate cuts have not resulted in lower mortgage rates. This question came up from two clients yesterday. Last night I sat down last night to write about it, and ran across this post in Transparent Real Estate.
Pat does such a great job laying this out, I was […]

There is a saying that the only two things that people don’t like to buy on sale are real estate and stocks. I talk to many would-be homeowners and investors that are content to stay on the sidelines, waiting out the inevitable decline in our real estate market.
Home prices and investment properties are the […]

Portland’s RMLS recently reported RMLS March Market Action Report. As I was reviewing the numbers at the beginning of the month I expected that we would report a year-to-year price decline for the first time. But, as March data trickled in during the early part of April, prices were high enough […]

Too nice yesterday to be out looking at houses. It seemed like everyone was out having fun or working in the yard. Not us. Greg and I spent the entire afternoon showing houses in Southeast Portland.
Some general observations from our day in the market:

There are a growing number of short sales in […]

Portland Real Estate Cafe’s Hawthorne - Abernathy - Clinton Tour of Homes
This weeks Cafe Crawl - Tour of Homes - is scheduled to start on Saturday at Noon. This a great way to see several homes in the Hawthorne / Clinton / Abernathy neighborhoods of Southeast Portland in the $339,000 - $525,000 price range.
View up […]

I have been coached by another real estate blogger about methodology issues that have most-significantly over-inflated my inventory estimates. I didn’t back out listings that have been canceled and withdrawn from the inventory estimates. Also there are transactions that will be included in March numbers, but not posted on March 31 […]

There have been a lot of changes afoot in the mortgage industry, as anyone who watches television or uses the internet already knows. As the demand for Mortgage Backed securities shrinks, the industry at large is attempting to bring a higher level of quality to their pools of loans. What this means to […]

Portland Real Estate Cafe’s Sellwood - Westmoreland Tour of Homes
This weeks Cafe Crawl - Tour of Homes - is scheduled to start on Saturday at Noon. This a great way to see several homes in the Sellwood / Westmoreland neighborhood of Southeast Portland in the $300,000 - $415,000 price range.
View up to 13 homes […]