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The Benefits of Homeownership

The benefits of homeownership are undeniable, some even consider it to be the “American Dream”. Buying your first home can provide financial and emotional security, a sense of belonging, and an opportunity to build equity. Here at the …

All We Wanted for Christmas was some Inventory

Realtors and homebuyers spent the holidays wishing for more inventory. They didn’t get it. The just released RMLS Market Action reports just 1.2 months of inventory for Portland Metro, the lowest level since 1999!  Metro is a five …

RMLS Reports Lowest Portland Inventory Since June 2007

RMLS has released the year end December 2011 Market Action report.  Portland Metro inventory is 5.3 months.  This is the lowest inventory level since June of 2007 (5.0 months).  Inventory is the ratio of the number of closed …

Home Buyer Credit- One Year Later

The Home Buyer Credit came to an end on September 30th, 2010 and is now mostly forgotten.  Now’s as good as time as any to remind you to consult your accountant about the Credit if you received it …

2010 Street of Dreams in 2011

I was driving along NW Skyline this afternoon and from there you can see a new home going in at the bottom of the cul de sac on NW Cresap Lane, the site of the 2010 Street of …

Class Action Lawsuit Against American Home Shield (AHS)

American Home Shield current and past policy holders may have already received a letter informing them that they may qualify to be a part of a class action lawsuit brought against the home warranty company.  The Abney Class …

Got Trash, Portland? Meet the Bagster

Got trash?  The Bagster might be your solution.  For all intensive purposes the Bagster is a 8′ x 4′ x 30″ dumpster that would fit under your bed when not is use.  Load it with up to 3300 …

Portland Real Estate Roundup

We’ve been working on a lot of behind the scenes stuff lately that has drawn me away from writing.  Here’s an update of various things that have been going on: 1) We’re trying out two different property search …

Friday Portland Real Estate Facts

As of right now: there are 4277 residential properties for sale in Portland 354 of those are bank owned 783 of the 4277 active listings are short sales 3103 of the listings are detached, single family house 848 …

Case Shiller Portland February 2011

  Case Shiller’s monthly real estate report was released this morning.  Portland lost a little more ground in February (Case Shiller reports with a sixty day lag and “Portland” is the seven county MSA).  The current Portland index …