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Selling your House: Staging Tips for the Pacific NW
2008-06-03 07:30:12
“We are in a pricing war and a beauty contest” said the keynote speaker, Howard Brinton, at a conference recently.  In other words, your home has to be in top condition and must be priced right inorder to sell in today’s real estate market.    Here is a guest author to give you some tips on staging [...]
Read more: Pacific , House , Staging

64 Box
2008-06-02 07:30:29
HAPPY BIRTHDAY TO YOU….HAPPY BIRTHDAY DEAR 64 BOX™! HAPPY BIRTHDAY TO YOU!!!! Guess who turns 50 this year? An American classic….the first 64 Box™ of crayons debuted in 1958 and had a built-in sharpener. Do you remember colors like burnt sienna and cornflower? I know I had a 64 Box™, did you? Recently, the Crayola® Company asked [...]


Disney’s High School Musical - Keller Auditorium
2008-06-01 07:30:54
Keller Auditorium 222 SW Clay Portland, OR (Photo by Heather Wilton)  This weekend I was fortunate to see Disney ’s School -Musical .htm">High School Musical  with one of my grandchildren.  I’ve been to many events at the Keller Auditorium and have enjoyed them all.  The music and production of Disney’s High School Musical were excellent.  Of course we loved those who played Gabriella, Troy
Read more: Keller

Buying Condos: FHA Approved in Portland, Oregon
2008-05-31 07:30:05
Following is a list of FHA-approved Condominium projects in Portland, Oregon .  Future posts will show FHA-approved condos in Tigard, and Lake Oswego, Oregon. FHA financing is becoming popular once again with buyers, particularly first-time buyers, due to the new increased loan limit of $418,500 here in Portland, Oregon. You can borrow up to 97% financing for a purchase and up to 95% for a
Read more: Buying

Music & Summer Concerts In & Around Portland, Oregon
2008-05-30 07:30:43
One of the many things I love about summer and living in Oregon is there are numerous musical events plus concerts in the parks.  Inasmuch as I live only two blocks from one of those parks, I try to go to as many musical events I can.  That means just grabbing my chair or blanket, some food or drinks and [...]
Read more: Summer , Music

Education and Realtors: Snooze you lose!
2008-05-29 07:30:10
If you read my BlackBerry™ post “All Wired“, you’ll know I’m excited about finally getting our MLS on our hand-held devices! A Realtor® friend of mine in San Francisco told me they’ve had that since 2006. And, if you read my Q1 post about short sales, vacant houses and foreclosures, you’ll understand my frustration with the [...]
Read more: Snooze , Realtors , Education

Oregon Financing Update
2008-05-28 07:30:30
                                 GUEST AUTHOR:  Bob Chiodo,                                        Equity Home Mortgage, LLC                                         bobchiodo@equityhome.com                                                 
Read more: Update , Oregon , Financing

Indian Tribes Who Lived in Lake Oswego, Oregon
2008-05-27 07:30:38
In Oregon ’s past there were 12 nations or Indian stocks that lived within the present boundaries of the state and were grouped into some 80 tribes.  Although the approximate areas of their residences are known, the exact locations of only a little over 1/2 of their villages or bands have been identified.  Of the 58 Indian languages [...]


Remembering……
2008-05-26 07:30:02
Ali M., 3rd Grader, Academy Elementary School, Madison, Connecticut. (2001)  wrote: As the flowers rest on the decorated graves and the sunlight shines on the beautiful sailboats, Uncle Sam whispers in my ear about how we should care for the soldiers and remember the ones that have died. Swimming pools open, BBQs fry. Today is the [...]
Read more: Remembering

The Granite “Rut”!
2008-05-25 07:30:53
Almost every MLS listing or house I see where the home has been updated says something like - “custom granite kitchen”, “new granite countertops”, “slab granite”, “remodeled with granite” “completely redone with granite”. I look at houses everyday and there’s got to be something other than granite sellers can use to update their kit
Read more: Granite

The 1980’s Real Estate Market vs. Today’s
2008-06-04 07:30:26
All I am hearing is that this real estate market is “worse than the Depression”, “the worst ever real estate market” etc. Today I heard that it’s the “worst real estate market since World War II”.  Granted there are people hurting, granted there are people losing their homes, granted these are tough times; but, this is not [...]
Read more: Estate , Market , Real Estate

A Real Estate Blogging Journey
2008-06-05 07:30:00
My Blogging Journey Continues: One of the things I keep reminding myself about each time I write a post is to make sure I provide relevant real estate information.  The books say don’t write for yourself but write for the reader.  Part of my on-going journey and education is to read other blogs.  Most of them are, quite frankly, [...]
Read more: Estate , Real Estate

First-Time Homebuyer Financing Options - Part 1
2008-06-06 07:30:26
  GUEST AUTHOR:   Bob Chiodo                                       Equity Home Mortgage, LLC                                       bobchiodo@equityhome.com By now, everyone has heard that getting a mortgage has become a lot more difficult.  The press and many analysts have reported the collapse of the capital markets an
Read more: First , Financing , Options

Buying Condos: FHA Approved in Lake Oswego, Oregon
2008-06-08 07:30:29
FHA financing is becoming popular once again with buyers, particularly first-time buyers, due to the new increased loan limit of $418,500 here in Portland, Oregon . You can borrow up to 97% financing for a purchase and up to 95% for a refinance.  The down payment can be 100% gift and Down Payment Assistance Programs are allowed. A seller can pay up to 6% towards [...]
Read more: Buying

When’s the Best Time to Buy a House?
2008-06-07 07:30:06
My monthly newsletter (Jung’s Journal) to my clients always includes the Inventory of House s for Sale in Portland, Oregon (the chart below). This is a simple chart yet very telling. For instance, you can see exactly when our market started slowing down in September 2007. You can also see from this chart when the market was “red [...]


Pipsqueak
2008-06-09 07:30:17
If your kids are bored or complain they don’t have anything to do this summer, you might introduce them to NASA’s website.  You can subscribe to receive daily images from NASA’s Image Gallery via email of the galaxy, planets, earth or space.  The pictures are incredible!  There’s also a student’s section for them to learn even more.  Plus, there’s [...]


2nd Annual Old House Fair - Portland, Oregon
2008-06-10 07:30:52
Do you love old homes?  Are you currently renovating one or are you interested in the history of old homes?  There are more than 80,000 homes in Portland that pre-date WWII, and where there’s an old house there are a zillion projects on your “honey do” list.  The 2nd Annual Old House Fair will gather together some of [...]
Read more: Oregon

Foreclosure Scams - HB 3630 - Oregon
2008-06-12 07:30:49
The news is inundated with stories about people “being taken” by scammers offering to fix their credit or foreclosure woes.  Unfortunately, the low-income and seniors have been taken advantage of the most.  At a time when these people really need all the help they can get, these scammers promise to “fix” problems for a fee and then run off with the homeowner’
Read more: Foreclosure , Oregon

Average & Median Price of SOLD Houses In & Around Portland, Oregon
2008-06-11 07:30:37
Portland had it’s first decline in average sale prices since August 2002 and in median sale prices since May 2001.  Average sale prices dropped 3.9% and the median price of houses fell by 3.5%. Here are the “average” and “median” sold prices of homes in and around Portland, Oregon for the current month and year-to-date: AVERAGE PRICE [...]
Read more: Median

Foreign Home Buyers
2008-06-13 07:30:45
The “American Dream” has always been about owning a piece of this great land of ours. With the sub-prime mortgage mess, it has become increasingly difficult not only for Americans to buy a home, but for foreign investors as well. Some lenders are reluctant to finance non-resident aliens with common visitor visas and most foreigners do [...]
Read more: Foreign , Buyers

Q1 Market Update 2008 - New Construction - Portland, Oregon
2008-06-14 07:30:47
With the number of home sales dropping, construction lending is also becoming a problem. You have developers and home builders stuck with houses that aren’t moving. And, they are sitting for sale with loans against them. The sub-prime mortgage market is such a small piece of the banking industry, but construction lending is a core [...]
Read more: Market , Update , Construction , Oregon

Happy Father’s Day - The Beavers & The Ducks
2008-06-15 07:30:56
Since these teams are both so competitive, deciding whose schedule to post first was simple - go alphabetical  - so as to not rub anyone the wrong way.  Happy Father ’s Day….it’s never too early to think “football”.   BEAVERS Football - 2008 Schedule     (or go to )       Date Opponent Location Time (PST) Results Media   Thu, Aug 28
Read more: Ducks

Deutscher Stammtisch
2008-06-16 07:30:57
No, this isn’t a typo but the heading is in a foreign language! I get questions almost daily about the origin of my name. I was born on a barge on the Danube River in Southern Germany.  In the last 20 years, I haven’t had a lot of people to converse in German with unless I went home [...]


Buying Rural Properties & Fire Protection-Portland,Oregon
2008-06-17 07:30:39
There was a major house fire in one of Portland’s southwest rural areas a short time ago. The story made not only local news but appeared on CNN as well. I saw both news stories. The photo at right from KATU Channel 2 here in Portland shows the devastation. Thank goodness, the owners weren’t home. Unfortunately, [...]
Read more: Buying , Rural , Properties , Protection , Oregon

First-Time Homebuyer Financing Options - Part 2
2008-06-18 07:30:00
GUEST AUTHOR:  Bob Chiodo                                      Equity Home Mortgage, LLC                                      bobchiodo@equityhome.com Another excellent program that works for first time - and subsequent - buyers is the Federal VA loan.  Obviously, you have to be a veteran, but the VA loans allow for nothing
Read more: First , Financing , Options

First-Time Homebuyer Financing Options
2008-06-27 07:30:06
GUEST AUTHOR:  Bob Chiodo                                     Equity Home Mortgage, LLC                                     bobchiodo@equityhome.com Many counties offer the American Dream Downpayment Initiative (ADDI).  This is a program that will “give” the buyer money that can be used for down payment and costs
Read more: First , Financing , Options

Oregon Financing Update
2008-06-26 07:30:40
Guest Author:  Bob Chiodo                                 Equity Home Mortgage, LLC                                 bobchiodo@equitygome.com     *Rates: 30 yr conforming: 6.25%                 30 yr jumbo: 6.625%       (to $600k)  7/1 jumbo: 5.875%           OR Vet: 5.50%  State Bond FHA:
Read more: Financing , Oregon , Update

History of Real Estate Appraisals
2008-06-25 07:30:32
Sellers call upon me to do an “appraisal” of their home; however, there is always real confusion as to who can do an appraisal.  Unfortunately, I am not a licensed appraiser and can’t do an appraisal. As a Realtor®, what I can do is give you a competitive market analysis of your property.  In real estate terms [...]
Read more: History , Estate , Real Estate

Market Update: Pending Sales - Portland, Oregon
2008-06-24 07:30:27
A good indicator of where the market is heading is by taking a look at “pending sales”.   There was good news in that pending sales for Portland from April 2008 to May 2008 did increase by 2.6% (our latest stats).  However, that’s only a one-month statistic and hopefully this trend will continue.  Year to date, from May 2007 to May 2008, the [...]
Read more: Oregon , Update , Market , Sales

The 80/20 Rule
2008-06-23 07:30:41
There’s a saying in the real estate industry that 20% of real estate agents do 80% of the business. Or perhaps you’ve heard when lenders loan on new construction they want no more than 20% of the value in land and 80% in the value of the house. Has anyone ever said you should focus 80% [...]


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