Portland Real Estate News
Portland, Oregon, is known for playing a major role in the entertainment industry. With an incredibly vibrant music scene, Portland saw the rise of a number of musical acts. The Dandy Warhols, Paul Revere & the Raiders, and the Kingsmen all got their start here. Many different films and TV shows have been shot here, too, including the comedy Portlandia, which is based on a fictionalized version of Portland. Portland also features a number of museums, including the popular Oregon Museum of Sread more..
Portland is a gorgeous city located in Oregon. Many people love its climate, which has warm summers and fairly cool but not frigid winters. The climate is perfect for growing roses, giving the city its nickname of the City of Roses. It’s also home to a large LGBT population and has even had an openly gay mayor. As such, there aren’t many specific gay neighborhoods since the entire city is very welcoming. However, there are some areas that have historically been homread more..
Portland Oregon is a beautiful modern city that sits near the meeting of the Wiliamette and Columbia Rivers. It is the most populated city in Oregon and it has many different neighborhoods, districts and communities that all vary in lifestyle attitudes, character and price. This is why it is very important to consult with a gay realtor Portland housing expert and realtor who know the best area in the city for you to relocate. The nickname for Portland is the “City of Roses” beread more..
The housing bust put a lot of mortgage lenders out of business ~ 900 lenders made mortgage loans in the Portland area in 2006, today that's down to less than 600. The loss of hundreds of mortgage lenders worked out well for established banks with strong balance sheets. Wells Fargo alone now accounts for 21 percent of residential mortgages in Portland, up from 8 percent before the crash. Bank of America and J.P. Morgan Chase have also picked up market share. The data comes from Home Mortgage Diread more..
It’s an intriguing time in the world of Portland-area home sales. Sales prices are rising, inventory is relatively low and many properties are selling fast. Jason Waugh, president and CEO of Prudential Northwest Properties, notes that plenty of buyers are now paying cash. At Prudential’s office in Florence, 86 percent of August’s transactions were all-cash deals. Brian Houston, principal managing broker at Coldwell Banker Seal Properties, said there’s a shortage of goread more..
Gay real estate Portland says its time for property investors to rejoice. Portland is now enjoying a resurgence of renters. In fact many realtors are calling this “the renting class.” Gone are the days when people wanted to scale back and suffer financially so they could get some equity in a first home. Too many home owners are going bust for new nesters nowadays to be attracted to this prospect. This generation of new nesters is interested in freedom, life-style and not slaving so bread more..
The rebound in the residential real estate market continued in September, according to new data from the Regional Multiple Listing Service. In the Portland area, 1,894 homes sold in September, a 19 percent increase from September last year. The average sale price climbed nearly 5 percent to $281,400. Median price increased 3 percent to $238,300. The average home spent 102 days on the market, a 22 percent decrease. The only negative data point: The number of new listings (2,451) declined 2 perread more..
Gay realtors Portland has noted that many buyers, during the home purchase process, think it is the end of the world when they hire an inspector and the report comes back with negative comments. This does not necessarily mean that you should not buy the house, especially if it is the house of your dreams, or fits your every need. A bad report does not necessarily have to kill the deal, it’s just an assessment of items that need attention. If you do get an item or two of major concerread more..
Gay real estate Portland is impressed by the variety of home styles in Portland. It seems that every style from across the country has been built here at one time or another. Portland actually has its own architectural style called The Portland style ~ it is a two story house that is sided with shingles. Many of these huge homes that feature prominent front porches were painted in dark green and blue colors. A true Portland house was built around the turn of the century and is distinguished byread more..
Rising prices finally have induced Portland area homeowners to list their properties. For the first time in recent memory, the number of homes going up for sale turned positive, according to figures today from the Regional Multiple Listing Service. The increase in new listings was matched by increases in pending sales, closed sales, the average sale price and the median sale price. Lack of inventory has crimped the market and helped drive prices up. The 7.5 percent increase in new listings reread more..
Although it is true that you could possibly negotiate the purchase of a home without an agent, gay realtors Portland advise that you try and find a good real estate agent to help you navigate through the process successful. A really great agent has had a lot of experience rehabbing or flipping houses or has an acute eye when it comes to spotting that “fixer upper” that will be a real money-maker. It is also a good idea to find a real estate agent that is certified and licensedread more..
Gay realtor Portland knows that when you have bad credit finding a home loan can be a daunting enterprise. Without a great credit score you should not even be looking at property. That little three digit number has an incredible impact on your life and if that number is high it can save you thousands of dollars when it comes to negotiating a loan to buy property. It is also a very fragile number that is easily lowered by even the smallest of infractions like paying your credit card bill a day laread more..