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Portland, OR

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HUD homes for sale in Portland, Oregon

02-11-12
Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert)
Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert): Real Estate Agent in Beaverton, OR
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  • Office: (503) 524-9494
  • Mobile: (503) 524-9494

This cute ranch with three bedrooms, hardwood floors, vinyl windows is an amazing deal. Thanks to it having been foreclosed on by HUD. It has a two car garage and a work shop with cement floors. Fenced backyard and picket fence in the front. HUD owned home Case #431-437175

2 Comments
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Mortgage Rates - What are "normal" closing costs and APR ??

02-09-12
Eric Newman (Senior Mortgage Banker)
Eric Newman (Senior Mortgage Banker): Loan Officer in Portland, OR
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  • Office: (503) 698-5801
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Mortgage Rates - How to Fight a Low Appraisal

02-08-12
Eric Newman (Senior Mortgage Banker)
Eric Newman (Senior Mortgage Banker): Loan Officer in Portland, OR
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  • Office: (503) 698-5801
1 Comment
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Portland Oregon makes the National Association of Home Builders list of 100 Improving Housing Markets

02-07-12
Cindy Westfall ABR,GRI Your Tualatin & Portland Metro REALTOR®
Cindy Westfall ABR,GRI Your Tualatin & Portland Metro REALTOR®: Real Estate Agent in Tualatin, OR
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  • Office: (503) 624-9660
  • Mobile: (503) 819-5241

Portland Oregon makes the National Association of Home Builders list of 100 Improving Housing Markets

I've been noting a change in the real estate air lately..and this report form the National Association of Home Builders is a nice confirmation of what I've been seeing and hearing. Here in the Portland Metro area, new construction is up, home inventory is down, and buyers are coming out of the woodwork!

Portland home inventory 2005-2007December of 2011's home inventory from the RMLS was at 5.3 months. The last time we were this low was in 2006-2007. In some areas such as inner SE Portland, the market trends show that it the inventory is sitting at 2.6 months where twenty minutes away in Tualatin is showing 3.8 months.

I'm of course curious as to what the January and February reports will show as more homes start coming on the market.

I do however know that the office climate is a bit different lately. The phones are ringing, the printers are buzzing, and agents are using those neglected conference rooms meeting clients. I'm actually hearing positive NATIONAL as well as local news!

If you're a buyer sitting on the fence waiting for the home prices to drop more, you might just miss this window of opportunity to get into a home with record low interest rates.

If your thinking about selling your home, this might just be a great time to consider it while the inventory is low. I know I've been working with buyers that are looking in certain neighborhoods. Having looked at everything already on the market, we're now waiting for new listings.

8 Comments
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It is a sad day at Mill End Park

02-06-12
Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert)
Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert): Real Estate Agent in Beaverton, OR
  • view my blog
  • Office: (503) 524-9494
  • Mobile: (503) 524-9494

Last September I wrote about the World’s Smallest Park “Mill End Park” in Portland, Oregon. I had some fun with it and my daughter, but today it really is sad. We have been having some major wind in the Portland area and that wind was enough to take out Mill End’s only tree. Despite the tree only being about two feet tall, the wind was enough to tip it over.

Mill End Park in Portland, Oregon (The World's Smallest Park)

So, hopefully the city will be able to restore the tree and the park to all its small glory soon.

11 Comments