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This American Life Talks the Mortgage Meltdown

NPR’s This American Life program was titled “Return to the Giant Money Pool this weekend.”  It is a 58 minute podcast that can be streamed for free through this week.  Then it will be available in the archives.  …

Why We Live in Portland

When it’s dark at 4:30 in the afternoon and raining, this video will be a great reminder as to why we choose to live in Portland.  Trying to decide what to do this weekend?  Your answer may be …

Not All Real Estate Auctions are the Same

I attend two Portland real estate auctions in the last couple of weeks.  The first, run by REDC featured bank owned properties throughout the area.  The second hosted by Accredited Marketing Partners focused solely on the South Waterfront’s …

Should the First Time Buyer Credit be Extended?

The National Association of Realtors estimates that an additional 350,000 people bought real estate this year because of the first time buyer credit.  Calculated Risk, in turn calculates that the cost of the $15.2B program was therefore $43,300 …

You Cannot use $8000 First Time Buyer Credit for Down

HUD announced this week that last week’s announcement was null and void.  Reported here and most outlets regarding real estate, it was thought that qualified first time buyers would be able to use the $8000 credit as a …