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Portland Housing Data Case Shiller Index September 2009

Yesterday I took some data from RMLS Market Action to see if it gave any indicator of what today’s Case Shiller report would look like and also reposted two articles written in advance of today’s report.  Nothing stood …

In Advance of Case Shiller

News outlets are buzzing in advance of tomorrow’s Case Shiller report: Reuters: * What: S&P/Case-Shiller September home prices indexes * When: Tuesday, Nov. 24, 9 a.m. (1400 GMT) * Economists’ median forecast: +0.8 pct for 20-city index -9.0 …

Can RMLS Market Action Predict Case Shiller?

The Case Shiller Index is released on the last Tuesday of each month (tomorrow).  The Index has a three month lag; tomorrow’s report will tell us about September.  RMLS Market Action comes out midway through the following month; …

Portland Real Estate Blog: who we are not.

Ghost writers are nothing new.  Some will, most will not, be surprised that the content for some real estate blogs is written by others and posted under the author’s name.  That is not the case here.  I write …

Windy Day for Oregon Real Estate

Dorothy and Toto received the ultimate relocation package out of Kansas thank to wind.  Last night, a storm blew in from the Oregon coast and through Portland and the surrounding areas taking down trees and knocking out power.  …

Portland RMLS Market October 2009

October 2009 RMLS Market Action for Portland was released yesterday.  The complete RMLS report for all areas is here.  The 6.5 months of inventory is the lowest it has been since August of 2007 and is down 67% …

Schools and Portland Real Estate

No two buyers have the same needs.  One might be all about the views the house has.  Others will gladly sacrifice the house in lieu of access to schools.  One of the most common search criteria in a …

Home Maintenance

Why do today what you can put off and pay more for later?  Non-problems become small problems and small problems can become really expensive problems, eventually leading to the sort of housing situation to the left.

How the Homebuyer Tax Credit Changes

The National Association of Realtors published a chart showing how the Homebuyer Tax Credit changes when President Obama signs the legislation into law; expected to happen today. One item that I question on the chart is the need …

Congress Votes to Approve Homebuyer Credit Extension

It’s no longer the $8000 First Time Homebuyer Credit.  It’s now the $8000 First Time Homebuyer Credit or $6500 if You Have Lived in Your Home for Five of The Last Eight Years and Buy a New Home …