Portland Real Estate Blog 
Breaking News: President Signs Tax Credit Extension & Expansion
Friday, November 6th, 2009 at 3:26pm. 53 Views, 0 Comments.
President Obama signed into law legislation that extends and expands the first-time homebuyer tax credit this morning. This enacts the legislation into law making the extension and expansion effective immediately after today. To learn more about the jobless benefit extension and the extension of the homebuyer tax credit visit: Obama signs jobless benefit extension.
Who Qualifies for the Extended Credit?
- First-time homebuyers who purchase after today and before April 30, 2010, are eligible for the extended tax credit.
- Current homeowners purchasing a new principal residence after today and before April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.
- So long as a written binding…
Difference Between a Short Sale and Foreclosure
Friday, July 31st, 2009 at 3:53pm. 101 Views, 0 Comments.
If you are wondering what the difference is between Short Sale and Bank Owned, it is this:
A Short Sale means that the bank has to take a Short- in other words, cannot get back all the money it lent to the seller, because the house is worth less than the seller owes. There are lots of Short Sales going on right now because banks were not very careful in their lending practices and appraisals- so they lent out way more money than many houses were worth. Now they have to take a loss. Sometimes the house really was worth more, sometimes it wasn't. Just because it is a Short Sale, doesn't necessarily mean you are going to get a good deal. You have to know the market and know what the comps are to be sure. That's why having a good Realtor helping you is so…
June 2009 Portland -Metro Market Action Report
Friday, July 31st, 2009 at 3:49pm. 124 Views, 0 Comments.
Portland-Metro Market Action Report June 2009
According to the most recent RMLS Market action report, the region's median home price has leveled off this summer and hovered in June around $250,000, down 17 percent from its peak. The inventory of unsold homes -- the key measure of supply and demand -- improved more than usual in June. Thanks to an uptick from record-low sales this winter, the inventory dropped from 19 months in January to eight months in June.
One doesn’t have to be a Realtor to know that home sales are cyclical. Winter is a slower season and summer being the hottest. During that cycle, the number of homes listed typically expands steadily from January to July. In 2008, listings grew from January to June by 28 percent. In 2007, it was…
Smooth Move -7 tips to help your kids adjust to a move
Wednesday, May 27th, 2009 at 5:19pm. 148 Views, 0 Comments.
New park coming to Happy Valley July 2009
Tuesday, April 28th, 2009 at 11:58pm. 464 Views, 0 Comments.
That’s right! A 35 acre park, yet to be named, located on 162nd Ave South of Sunnyside Road and North of Hwy 212. The park will include athletic fields, play areas, walking trails, a skate park, a dog run and picnic areas.

The $8 million purchase is adjacent to about 40 acres recently acquired by North Clackamas School District (NC12) which is planned for development of a new middle and elementary school. NCPRD and NC12 are considering sharing facilities, including parking, recreational fields and roads.
Phase 1 of the park’s construction should be completed by fall. It includes four full-size, all-weather turf baseball/softball fields with lights; a multi-use soccer/lacrosse field; parking areas and utilities; landscaping; a concession and a restroom…
Happy Valley City of Dreams Open House Tour
Monday, April 27th, 2009 at 3:43pm. 136 Views, 0 Comments.
Are you prepared for the Happy Valley City of Dreams tour? If your residence is in the Happy Valley or Clackamas area and you are a For Sale By Owner and want to get your home on the tour schedule visit www.HappyValleyCityofDreams.com. This service is free and no-obligation. Get a picture and brief description of your property on this top site. Make sure your place is on tour online as well as in person the day of the big event.
If you submit your info to www.HappyValleyCityofDreams.com by May 15th you will get a free personalized home information book, for buyers to view in your home, the day of the tour.
Homes showcased on the www.HappyValleyCityofDreams.com site will remain for 90 days following Happy Valley City of Dreams tour on May 30, 2009 to give…
The Art of Negotiating
Friday, April 24th, 2009 at 3:07am. 64 Views, 0 Comments.
I think I might have an addiction to negotiating. I just don’t feel satisfied unless I’ve negotiated at least 1X a day. J I enjoy getting deals but I’m not the hunter type. I generally don’t shop the clearance racks and I’m not that into discount shops. Yes. I do shop at Walmart for some things - their price for babyfood is unmatchable. But Macy’s and Nordstrom are more to my liking as far as clothes and shoes are concerned. You can’t help but walk through and find a shirt or entire outfit on display and fall in love. So how does one get discounts on premium items? Using the art (or is it science?) of negotiation of course.
Did you know you can negotiate prices at regular department stores?... I didn’t either until I tried it one day. I was in need of my…
Texting
Monday, April 20th, 2009 at 4:55pm. 45 Views, 0 Comments.
It took me awhile to get use to texting, but now I just love it. N-E-1 relate? SMEM.
B4N

How is the Real Estate Market?
Saturday, April 18th, 2009 at 2:22am. 57 Views, 0 Comments.
As a Realtor I’m always getting the question – How is the Real Estate Market? And since the big ‘bubble” popped, I’m getting it more than ever. Is now a good time to buy? Should we wait? What should we do?
Honestly, it’s really up to you and your family to decide but here are a few points to consider: Falling Mortgage Rates. Mortgage rates are already at their lowest level in 50 years and banks are willing to lock these rates for the next 30 years! Home Prices are Down. Right now I’m seeing homes that were selling for $600K+, a year or two ago, now selling in the $400K+ range. I saw a house recently advertised in the Beaverton area that was around 3400 sqft, granite countertops, cherry cabinets, nice neighborhood etc. for around $280K. In 2005 you…
Video Tour of Happy Valley, OR
Saturday, April 11th, 2009 at 10:58pm. 60 Views, 0 Comments.
Happy Valley, OR - Through My Eyes
Video Tour of Happy Valley, OR
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