The John Ross in the south waterfront neighborhood will be auctioning off 50 of their remaining condos in April. Click here for details, this is the best resource I have found.

MGIC takes Portland off its declining market list! MGIC is one of the major mortgage insurance companies and this is a significant move. Anyone looking to get a loan with under 20% down has to pay mortgage insurance. Lately it has been hard if not impossible to get mortgage insurance on conventional loans unless you’ve had at least 10% down. Hopefully with this good news we could see 5% down conventional financing which is good news with FHA tightening up guidelines and adding more fees to FHA insured loans. Full MGIC Bulletin