Perfect Montavilla Area Condo Alternative! Newer Construction! Private, Fenced Backyard w/Patio! 1605 SE 87th, Portland, OR 97216.$189,900. ML#12577901

April16
Cool Montavilla Area Newer Construction, Great Condo Alternative w/Easy Care Yard! 1605 SE 87th Av, Portland, OR 97216 3 bedrooms, 2.5 baths, approx 1490 SF Built in 2007, one-owner home 2/3" red oak floors on lower level Forced-Air gas heat, Air-Conditioning Gas Fireplace Plumbed for central vacuum Private, fenced backyard w/patio Taxes:  $2702.46/yr [nggallery id=35] Newer construction condo alternative with easy-care, private, fenced backyard w/patio and no common walls!!!  This home will give you a lot for your $$$$!! 100% real 3/4” red oak floors on lower… Read More

Housing Affordability Could Be at the Best Levels We Might See in Our Lifetime???

April12
"Money's Too Tight to Mention" - Simply Red The Housing Affordability Index was developed over thirty years ago to help consumers determine when it is a good time to buy a home. It's considered advantageous to the buyer when the index is over 100 because a median income family can qualify for a median price home. Recent figures released by the National Association of REALTORS' economic department show that the 2011 index of 184.5 is the highest annual average since it has been calculated. The most recent month released, December 2011, was 194.9. The index is also broken down into four … Read More

Real Estate EXCITEMENT! And, What This REALLY Means for Portland Oregon Real Estate Pricing!!!

April10
"I'm So Excited" - The Pointer Sisters   Something different is definitely happening in our local Portland Oregon real estate market!!!   And, this is a good thing for our local real estate, our local economy and our local attitude (of course, just a little sunshine might fix that).  However, what is really happening?  I'm still assessing, but it's definitely not "the sky is falling" environment that we have endured the last few years.   I want to share a story or two, so you can get perspective on just how "finicky" our market might be AND how important it might be to be "p… Read More

Sale Pending! Charming Remodeled Montavilla Area Bungalow! Cute as a Button!! Near I-205+Mall 205 Shopping! 9045 SE Washington St, Portland OR 97216. $175,000. ML#12550949

April5
oh so cute bungalow! Great Montavilla Area Location! 9045 SE Washington St, Portland, OR 97216 $175,000 2-Bedroom, 1-Bath, approx 1104 SF Refinished Hardwood floors, new interior paint throughout New marmoleum flooring in kitchen, totally remodeled bath Large kitchen with dining area + newly tiled surround on fireplace New dishwasher & garbage disposal Newer vinyl windows Storybook backyard w/covered patio & 100 SF tool shed Sprinkler System, raised vegetable garden, apple tree, blueberry bushes, herbs and a strawberry patch! [nggallery id=33] What a darli… Read More

CH-CH-CH Changes…Once Again Changes are a-coming in FHA Financing!

April5
"Changes" - David Bowie/Ziggy Stardust Ch-Ch-Ch-Changes!  Once again changes to FHA (Federal Housing Authority) mortgage lending: HUD has made several announcements regarding changes to FHA financing recently.  Below are a few highlights and key dates for you to know.  These are especially important if you are considering FHA financing and currently looking for a home!! FHA Changes Coming in April 2012: 1.      Self Employed borrowers will be required in most cases to provide a current P&L (profit & loss) statement and a Balance Sheet for qualification 2.     … Read More