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May 2012 Portland Metro Real Estate Update!!!

May18
Leonard Cohen - "Hallelujah"   May 2012 Portland Metro Real Estate Update!! Hallelujah!!  x2 might I add!! Not only do we have sunshine in the greater Portland metro area but we are having some kind of frenzy in our real estate world.  We've been watching this progress through March and April.  The continued shortage of "good inventory", pricing diminished by the last few years of financial unrest, the obvious resurgence of faith in our local economy combined with the low, low interest rates have pulled home buyers back into the marketplace.  This is producing many multiple … Read More

Tax Saving Strategies Utilizing a 1031 Tax-Deferred LEGAL Exchange!!!

May15
"There's Taxes Everywhere" - Matt Cline   reprinted from the First American Title Company Exchange Newsletter!  Remember:  having a strategy for your investment properties, 2nd homes and even re-thinking your primary residence could save you big bucks on the tax front.  Just something to think about..... Tax Saving Strategies Utilizing 1031 Exchanges The 1031 tax deferred exchange is widely known and utilized by investors to defer capital gains tax when selling and buying investment property. To qualify under IRC Section 1031 the basic requirements to maximize your tax-… Read More

Short Sales Might Get Easier???? I’ll Believe It When I See IT!!

May11
"Falling Short" - Generation Song   Short-sales have been a challenge in our market for the last few years. New legislation is supposed to make it better. My personal experience is that, "I'll believe it when I see it"!! But, of course, I hope that it's true!! Here is an article from RisMedia: (MCT)—The short sale process could get a lot quicker starting this summer under new rules that will require lenders to respond to offers within a month. Fannie Mae and Freddie Mac, the nation’s two largest mortgage backers, will implement the guidelines on June 15. The changes requ… Read More

2012 Running Events in Portland, Oregon!

May9
Jackson Browne - "Running on Empty"     RACE FOR HOPE –Saturday April 28th, 2012 5k Walk/Run Benefit Widows and Orphans Location: Beaverton, Oregon ROLLING HILLS RUN 2012– Saturday April 28th, 2012 10k Run-5k Run/Walk-1 Mile Kids’ Fun Run Location: Heppner, Oregon-Morrow County Fairgrounds CHERRY BLOSSOM FITNESS FESTIVAL DUATHLON– Sunday April 29th, 2012 5k Run, 30k Bike Location:  The Dalles, Oregon RUNNING BUDDY 2012 –Thursday May 3rd, 2012 5k Run –share your excitement for running as Running Buddy Volunteer. Location: Ga… Read More
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