by Nick Krautter | Feb 25, 2011 | How to Guides, Media Center
Q – Does paying cash mean you’ll get a better deal? A – On average buyers get 4% off list price for cash purchases. What’s an even better buy are homes sold on contract with 7% off asking price. Buyers getting loans are getting 2-3% off asking price right now. Q –...
by Nick Krautter | Feb 23, 2011 | How to Guides, Media Center
Here are two great resources for all different types of loans that are out there right now. http://www.oregonmortgageblog.com/mortgage-programs/ http://www.oregonmortgageblog.com/mortgage-programs/first-time-home-buyer-programs/
by Nick Krautter | Feb 21, 2011 | How to Guides, Market Reports
Inventory Jumps to 11 Months – Mirrors Last Year Inventory jumped to over 11 months in January mirroring the slow start we had in 2010. The low point in closed sales in January and the end of the moratorium on foreclosures which has become a seasonal norm led to...
by Nick Krautter | Feb 11, 2011 | How to Guides, Media Center
The tax policy staff at the National Association of Realtors addresses the issue of the 3.8% tax on investment income that takes effect in 2013. Click here for full article Click here to read a PDF published by NAR’s MythBusters addressing the...
by Nick Krautter | Feb 10, 2011 | How to Guides, Market Reports
351 homes were sold in Portland in January, down from 575 in December. I had predicted 500 sales in January and was shocked to see such a sharp drop off. Wild cards: Mortgage interest rates are close to 5% with most lenders quoting 4.75%. The rental market remains...
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