Bankruptcy Sales and Real Estate

Buyers looking for a bargain often turn to foreclosures and bankruptcies as the promised land of the great real estate deal. They’re not for everyone and they’re don’t necessarily play by the rules that we are used to …

Before Looking at Homes

Home Sales Heat Up in Summer Months Whether it’s because all those blossoming flowers make people reconsider the American Dream or the fact that moving on a warm afternoon beats hauling moving boxes in the rain, summer is …

Prudential Value Range Marketing

Portland is a seller’s market. The “rules” that we’ve used in the past for comparitive market analysis tend to leave us with an estimated sales price lower than the current market will bare. One way we can address …

Portland Real Estate Market Action

RMLS’s Market Action confirms what we already know. The market is tight. Inventory is down to 1.8 months. The report continues: Appreciation To calculate sale price appreciation, prices for the twelve months that ended with March 2005 are …

Viewing Homes

The Portland Market is hot so when it’s time to get in the car and actually view homes, it helps to be prepared. 1) Wear comfortable clothes. Shoes that are easy to remove will make life much easier. …

Virtual Tours

The Internet and the Multiple Listing Service (MLS) has changed the way we look at homes. Buyers can often select or eliminate homes based on what they see on the Internet. Virtual tours takes Internet viewing one step …

Showing FSBOs

Question from Buyer: Is it safe to assume that you will show us all For Sale By Owner properties that meet our requirements? Short Answer: No. Explantion: There is no way to know how a FSBO is marketing …

PMAR Good Neighbor Award

News Flash: Bert Waugh Jr, President of Prudential NW Properties, is the recipient of PMAR’s 2005 Realtor Good Neighbor Award! From the PMAR (Portland Metropolitan Association Of Realtors) website: Realtors work hard to improve the quality of life …

Lowest Inventory of Properties For Sale

Yesterday’s front page Oregonian article is titled, “Want to buy a home? Good Luck.” Current inventory is just 1.8 months. That means that if no more homes were put on the market, the current active listings would all …

Cost Versus Value of Remodel Projects

Each year, Realtor© Magazine does a cost versus value report evaluating the investment of a remodel project and the expected return when it comes time to sell the property. Interestingly, one project in one part of the country …