Putting Together Puzzles or Remodeling 101…the Further Adventures of the N Mississippi/Portland Oregon Duplex Remodel!

August11
"Puzzle" by Brandon Walker :-) Okay, so they definitely have the cutest kitchens at reasonable prices at IKEA.  However, I had no idea what a kitchen might look like in boxes.  I met with a great designer at IKEA and she helped me design and decide what… Read More

It’s All About “Embracing Bears” in a “Bear Real Estate Market” in Portland Oregon!!!

August9
Lyle Lovett loves "Bears" (and, I guess we'd better learn to embrace this "bear market") Altos Research indicates that we are dealing with a “bear real estate market” since the end of the home-buyer tax credits.  Of course, all they would have had to do is ask existing home-sellers or real estate agents to confirm this information!  Buyers are out there but are waiting for “bargains only” and sellers must acknowledge this reality.  Raw inventory in Altos' 20-city composite, which includes the same 20 cities in the Case-Shiller Home Price Index, was rising past 575,000 units at … Read More

Financial Reform Always Sounds Good…But, “It’s Complicated”!

August5
"Complicated" by Landon Austin The new 2,000-page financial reform bill has now been signed into law.  What does this mean to the average consumer?  I think only time will tell.  Something has to be done but I wonder if anyone actually truly understands the ramifications?  But, here are some of the immediate changes to personal finances: 1. FDIC insurance increase. The law makes the increase in the FDIC insurance limit to $250,000 permanent. The Dodd-Frank Act also provides unlimited FDIC insurance for noninterest-bearing transaction accounts in all banks effective on Dec. 31, 2010… Read More

The Wild Ride of the Stock Market is Making Investment Property Look Good!

August4
"Wild Ride" by Kenny Chesney Diversify, diversify, diversify!!  It's always been the "battle cry" of financial planners.  "Don't put all your eggs in one basket", my mother used to say.  I was always a little confused as we didn't have any chickens nor did we grocery shop with baskets?  Nonetheless, with the wild ride the stock market is taking I'm very happy that not all my "eggs" are in my mutual funds and stock portfolio!  My investment real estate feels very good to me.  I can drive by, touch it, weed the flower beds.  And while someone else pays off my mortgage, I can reap the… Read More

“Survival Real Estate”…New Idea for Reality TV!

August2
Gloria Gaynor: "I Will Survive"!!!!! I'm thinking I will start passing out t-shirts to all my clients that have bought or sold houses in 2010 or attempted loan modifications or short-sales or had to succumb to foreclosure:  "I Survived Real Estate 2010"!!  Welcome to the "New Normal" of real estate.  "Survival Real Estate" impacts buyers, sellers, homeowners in general, Real Estate Brokers, Mortgage Brokers as well as title and escrow companies.  We all have to compromise and partner for success.  Sellers face a challenging market to sell with a smaller pool of buyers looking for… Read More