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Trimet Portland to Milwaukie Light Rail

Access to public transportation is a key factor in may home buying decisions.  The appeal of not needing a car or needing to rely on one for everyday use is very appealing.  RMLS has both BUSLINE and LT-RAIL …

Service Members Home Ownership Tax Act of 2009

The house passed legislation last week extending and clarifying the First Time Buyer Credit for those in the military.  The Service Members Home Ownership Tax Act of 2009 allows service members who are deployed overseas and therefore do …

Selling and Buying Real Estate In Winter

If you got out of bed in Portland or the surrounding area this morning it appears that our summer/fall-like weather is gone.  There are more Facebook status updates about today’s weather than Obama got for winning the Nobel …

John Ross Responds to Atwater Place Auction

The John Ross in the South Waterfront has lowered prices in response to the recent auction of 40 Atwater Place units last month.  Unit 2901 was first listed March 3, 2006 for $1,074,800.  It is now listed for …

Two Turner Team Announcements

First, we would like to welcome Vicki Gile to our team. She’s an experienced agent and we’re thrilled to have her. The Team is now Jennifer Turner, Annie Domenici, Lisa Carter, Susan Horvat, Vicki and myself.

Property Investment Profile (PIP) and Market Tracker

The new Property Investment Profiles (PIP) and Market Tracker reports are available for September.  These reports are emailed monthly.  The Property Investment Profile report is property specific.  We set them up to report on comparable properties.  In the …

Portland Weather is Local

We did a few tours last week for a company that is relocating 61 employees to the Portland area.  The common concern (they are coming from California) is the weather.  The typical Portland weather forecast comes from the …

Deadlines in Portland Real Estate

Real estate is time line specific.  The closing date is a drop dead date.  The seller doesn’t have to extend if the underwriter is still working on the buyer’s loan.  With the market flattening out, if not heading …

Think Out Loud OPB Show on Home Buyers

I was on the OPB‘s Think Out Loud program discussing The First Time Buyer Credit this morning.  I come on the show 36 minutes in: Think Out Loud Home Buying (mp3). I’d like to see the credit expanded …

Portland July 2009 Case Shiller Housing Data

Are we looking back at the bottom?  Who knows?  After peaking in July 2006, the Portland housing market dropped nearly 40 points by April of this year.  May offered a minimal bump, June added one point and July …