Market Update
Last chance to buy with No Money Down?
There are still options available to buy a house in Portland with zero down, but you must act fast to take advantage!
FHA loans require approximately 3% down for home purchase loans. Currently, borrowers are able to obtain this 3% from the sellers via Down-Payment-Assistance programs (DPA) such as Ameridream or Neihamiah. This effectively allows the buyer to obtain a 100% financing loan.
However, beginning October 1st, 2008, the new law will prohibit Down-Payment-Assistance programs. All mortgages involving DPA’s will have to be underwritten and approved by September 30th!
Recent Posts
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Lifestyle
Florida on Portland: Happiness is GoodThere 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 […]
Market Update
July Market Update for Tigard AreaCheck out our market report with charts and graphs of the following data for the Tigard, Tualatin, Sherwood, and Wilsonville:
* median pricing
* sold activity (21% lower than last July)
* under-contract activity-pending sales (174 in July v. 191 in July of ‘07)
* listing activity (17% more listings this July than last)
* inventory of houses on the market (months of supply is 9.6 months up from around 7 last year)
* and days on market (75 days up from 51 last year)
Caring for your Home
Summer Home Maintenance TipsSummertime in Portland is a great time to tackle home repairs and maintenance, as the weather is great for several months. If you did experience any damage during the rainy winter months, now is the perfect time to start planning your home projects. Here are a few tips to keep your real estate investment in […]
Lake Oswego
Lake Oswego luxury home in successful community - Village on the Lake
•Live, work, and entertain in a well designed, thoughtfully updated family home.
•Join an engaged, active, and well-organized community of successful neighbors.
•Enjoy the lake’s finest private marina, just a short walk away.
•Educate your children at some of the top-rated public schools in the area.
SE Portland
Classic charm & open living spaces bathed in sunlight. Windows abound. Lovingly updated and restored. Large, open kitchen with granite counters and new gas range. Authentic bathroom update. Open upper-level BR with three closets and a sleeping nook. Private, fenced back-yard a haven for small children. Professionally landscaped. […]
NW Portland
Exceptional Parc Bethany home. Bright flowing floor plan, perfect for family & entertaining. Updated kitchen w/stainless appliances. Bathrooms updated, designer colors, gleaming hardwoods, new fixtures & lighting. New hardiplank siding, 4 car garage, play structure in backyard. Large 5th bedroom can be great bonus room. Quiet cul-de-sac.Easy commute to MAX, downtown […]
Buyers
Determine Your Wants and Needs in a HomeBefore you even start looking at houses, you should create a realistic list of “wants” and “needs”. This will allow you to narrow your search to fewer houses, and this is important considering the number of houses available for sale in the current Portland real estate market. Hunting for your next home can be very […]
Sellers
Preparing Your Home to SellPutting your home up for sale takes a bit more effort than hiring a great listing agent and sticking a sign in your yard. The current state of the Portland real estate market requires effort on the part of the home owner as well. Here are a few easy steps you can take to make sure that your home is picture perfect when that potential buyer walks through the front door over the next few weeks.
Read the complete story for all the details. We will continue to share with you a series of tips for sellers, whether this is your first time putting a home on the market or just need some tips to help make your home standout from the crowd.
NE Portland
This 1904 cottage style home sits in the Humboldt neighborhood of North Portland. Close to downtown, PCC Campus, shops, dining, and minutes to Mississippi and Alberta Arts districts. Leave your car and high gas prices behind, as this house is on a bus line and near MAX station.
This two bedroom one bath home […]
SW Portland
Great South Burlingame location blocks from a major bus-line that’s close to downtown, OHSU, Lewis and Clark, Lake Oswego, and I-5. Fabulous lot with a great back yard has been well-designed and maintained (irrigation system) is a gardeners’ delight.
MLS: 8080532
Price: $249,900
Stats: 2 BR, 1 BA, 1022 SF, 5,000 SF lot
Schools: Capitol Hill, Jackson, Wilson
Taxes: $2,917/yr
[…]
Western Suburbs
Fantastic Jones Farm craftsman with many upgrades. Granite counters, upgraded craftsman style cabinets, hardwood floors, new lighting & fixtures, new craftsman window casing/molding.
Bright flowing floor plan with designer colors. Family room with gas fireplace. The 5th BR can be office/den.
Wired for network & sound system. Trex deck in backyard is […]
Tigard
This home is an entertainer’s dream. Home features gourmet kitchen and the great-room with front decks perfect entertaining. Builder’s home with thoughtful features in every room. Great views, especially from the front decks. Fabulous master suite.
Thoughtful features, well appointed & updated
Easy to convert lower level to in-law suite, guest quarters or 6th bedroom
4197 square feet […]








