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Case Shiller April 2011

“How’s the market?”  Our business coach wisely points out that, “It depends.”  What are you trying to do in the market?  The Case Shiller report for April 2011 was published last week.  If you read didn’t read anything …

Portland Schools

I was asked today for a good resource for Portland schools.  There are lots of them.  Some are subjective, some provide rankings, some confirm what school your child will go to within a school district.  Schools are either …

RMLS Market Action May 2011

RMLS Market Action for May 2011 is out with mixed news.  The average sales price in Portland is down from April 1.8% to $262,400.  During the same period the median price increased .1% to $220,000.  The average sales …

Portland Trail Blazers and Portland Real Estate

The Portland Trail Blazers are the only top tier professional sports team in Portland until the Portland Timbers move up to MLS soccer next year.  Much of the city lives and breaths our playoff bound team; especially this …

Home Buyer Tax Credit Time Lines

There is no sign that the $8000 First Time Home Buyer Tax Credit or the $6500 Tax Credit are going to be extended.  If you want to take advantage of either you must have an accepted offer by …

Real Estate Cash Out Refinancers May Owe IRS

Your home may have been an expensive ATM machine. When the Portland real estate market was hot, the fees for refinancing and equity lines seemed minor compared to the cash that it could release, us included. Some of …

This is a Great Time to Buy a Home

I didn’t write the title of this post. It is the first line of the cover story of the April 8th Portland Tribune.  A combination of factors contribute to a more optimistic outlook: Low interest rates (I received …

This Weekend is “National Open House Weekend

April 10th and 11th is the National Association of Realtors “National Open House Weekend.” We’re holding the following houses open this weekend:

March Portland Real Estate Stats

Many of you are signed up for our Market Tracker reports (sign up here).  The reports go out on the first Sunday of each month.  If you don’t want to sign up, you can always check out the  …

Time to Audit Your Property Insurance?

PITI: Principle, Interest, Taxes and Insurance are the four components that make up an impounded mortgage payment.  Impounds the additional money collected by the mortgage company, and held in an escrow account, so that they can make insurance …