Archive for the Investment real estate Category

April 2012 Portland Metro Real Estate Update!!

April20
"Crazy" - Gnarls Barkley APRIL 2012 PORTLAND METRO REAL ESTATE UPDATE!!! Hi again…what, so soon???!!!  Yes, last month's update was late and so here I am again in your "in-box"!!!  What's happening in our real estate market???  It's a bit crazy, a "gold-rush"!  There is a lot of pent-up buying energy, mixed with some positive economic news, add in a dash of "close-to-bottomed-out-prices" (if not totally bottomed out), then stir with a hint of the possibility of interest rates rising and you have a "flambé" (I'm talking like I actually know how or have time to cook?).  Now, mont… Read More

How Lenders Consider and Calculate Rental Income!

March27
"Isn't it Ironic" - Alanis Morissette Lending regulations continue to morph!  We hope the purse-strings will relax a little without taking us back to the "no-holes-barred" lending our industry experienced during the boom times!  I think we learned the hard way that having little or no restrictions is not healthy.  However, the over-reaction of mortgage lenders has continued to stymie the real estate recovery (which, of course, affects the rest of the recovery). So, what if you are interested in realizing some of the incredible real estate deals and super-low interest rates currently a… Read More

Your Perceived “Risk” to the Lender Determines Actual Mortgage Rates!

February21
Cast of Glee sings "Taking Chances"   Risk Determines Rate Regardless of what a lender quotes on mortgage rates, the actual rate paid by a borrower is based on a number of variables. Lenders determine whether to loan money and at what rate based on the risk involved with the transaction. Factors that increase the risk that the loan will be repaid will proportionately increase the interest rate charged to the borrower. If the risk becomes too high, the loan will not be approved. Loan amounts - conventional loans for more than the conforming limits set by Fannie Ma… Read More

February 2012 Portland Metro Real Estate Update!!

February16
Charley Pride - "Things are Looking UP"   FEBRUARY PORTLAND METRO REAL ESTATE UPDATE!!!! With the holidays, Valentine’s Day (not to mention my birthday) behind us, we can look forward to the 2012 Real Estate Season!!!  2011 ended on a positive note and this year has definitely started off on another positive note.  Closed sales experienced an 18.3% increase if you compare this January to the same month a year ago.  These are the highest numbers for January since 2007 (remember, if you believe the statistics, March 2007 was the height of the market).  The average time on t… Read More
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