tag:blogger.com,1999:blog-4113767199444444516.post6080028195593751091..comments2023-10-03T04:34:39.407-07:00Comments on Portland Real Estate Outsider: 1 out of 5 Portland homes for sale is a foreclosurePDX Outsiderhttp://www.blogger.com/profile/01596115115859601410noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4113767199444444516.post-30386761261687627702011-07-04T20:42:49.189-07:002011-07-04T20:42:49.189-07:00Great read on the article you have shared.
house ...Great read on the article you have shared.<br /><br /><a href="http://www.atayala.com/" rel="nofollow">house for sale philippines</a>lisahttps://www.blogger.com/profile/03499334911878006916noreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-68981487535174502142009-07-10T08:24:56.430-07:002009-07-10T08:24:56.430-07:00Heck, even if we are at the bottom what is going t...Heck, even if we are at the bottom what is going to cause prices to go up from here? What is going to give buyers the confidence they need to buy? How many of us are uncertain about our own jobs?<br /><br />Sit and wait. There will be many more houses to choose from. Wait for the one that nearly perfectly fits your wants and needs if you are financial stable.<br /><br />As for the houses that are quickly selling in LO and WL, what do you think they would have sold for 2 years ago? Are folks getting a 'deal'?<br /><br />Even with an $8K tax credit, a $350K mortgage is pretty steep w/out a hefty down payment.<br /><br />$350K at 6% is $2098/month NOT including taxes and insurance and utilities. So are these move up buyers?<br /><br />How about PMI? My nephew recently bought in Colorado using an FHA and he had to come up w/ PMI up front though I need to ask how much for the $130K condo he just mortgaged. He was told he might a rebate once he had 20% equity in the place. Anyone got 1st hand info on what's going on in the PMI world given all the defaults?<br /><br />CheersLeighnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-86854150329919778152009-07-09T12:49:57.662-07:002009-07-09T12:49:57.662-07:00Great analysis Ron, thanks for sharing that!Great analysis Ron, thanks for sharing that!PDX Outsiderhttps://www.blogger.com/profile/01596115115859601410noreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-79645471331888365822009-07-09T12:48:14.666-07:002009-07-09T12:48:14.666-07:00Anon 1:30, are you actively in the market?
Of cou...Anon 1:30, are you actively in the market?<br /><br />Of course they are going to call bottom, they know everybody is waiting for it. It's not here yet by my calculations but I agree that the $8k credit will spur many to buy.PDX Outsiderhttps://www.blogger.com/profile/01596115115859601410noreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-19027328460401485082009-07-09T11:30:24.692-07:002009-07-09T11:30:24.692-07:00lake oswego and west linn are inching up to 300 di...lake oswego and west linn are inching up to 300 distressed properties (each). Our realtor keeps telling us we have hit bottom. I think this winter is going to be a blood bath. Homes are selling quickly in the low 400 to high 300 range. I think that is due to time of the year and the 8000 tax credit for first time buyers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4113767199444444516.post-19556282455146913042009-07-09T11:16:52.472-07:002009-07-09T11:16:52.472-07:00I took it a little bit further by breaking distres...I took it a little bit further by breaking distress sales into short sale vs. bank-owned by market areas. Beaverton, Gresham, and Happy Valley are the hardest hit.<br /><br />http://repdx.com/2009/05/29/nearly-20-of-portland-homes-in-distress-sale-status/Ron Areshttp://www.repdx.comnoreply@blogger.com