3% is the new Zero Down

Many people have been calling this for a while now but it became official on March 28th, 2008 that PMI [Private Mortgage Insurance] on Zero percent down loans is now gone. So what does this mean?…. It means that the days of buying a house with no cash at all are...

Time to get off the fence

A month ago when the numbers showed that Portland Metro had almost 13 months of inventory I broke it down to the close-in neighborhoods and showed that we still have a balanced market. A couple days ago news came out that inventory has Dropped back to 10.4 months and...

Walking the Walk

If you’ve met me in person I’ve likely told you the story about my first sale ever in real estate. With my license freshly in hand I went out and bought a home for myself as my first transaction. I remember how excited and scared I was in making the offer,...