News Headlines for Portland, Oregon : 2014 Quarter 4

12/23/2014

2014 Real Estate Trends

A higher GDP, low mortgage rates, normal appreciation, and less foreclosures are some of the positive trends in 2014.  Holding back the recovery are tight credit card standards, limited inventory, fewer first time home buyers, increase in renters, and lower new home sales.

picture courtesy of robinsonrealestategroup.com

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12/23/2014

World Wide Housing Market

Find out which country’s housing market is doing the best and which one is declining the most.

picture courtesy of colisting.com

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11/25/2014

How the Real Estate Market is Affected by Legalizing Marijuana

Since marijuana is illegal under federal law there is danger of civil asset forfeiture. A marijuana related businesses may have a harder time acquiring a mortgage loan and marijuana growing houses may have a hard time keeping out smells and mold to name a few of the challenges.

picture courtesy of sierrastar.com

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11/18/2014

Real Estate Predictions 2015

It is predicted that interest rates will rise, home appreciation will slow, will be an increase in homebuilding, decline in refinancing for single family homes and an increase in multi-family mortgage originations.

picture courtesy of armoryproperties.com

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10/22/2014

Oregon Schools Performance Rating

Oregon rates their schools for 2014.  If you would like to see how your school rated or check out other schools in the area you will be able to see how they were rated on improving student’s math and reading scores among other things.

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10/8/2014

Estacada Helps Fish Find Hiding Places

A tree has been taken down with a bulldozer in order to keep the root system in tack.  It is being placed in Suter Creek and will provide and ideal environment for fish to hide.  Keeping the roots in tack will allow the tree to stay in the water much longer and will enhance fish habitat.

To read the Pamplin Media Group Estacada News article

10/1/2014

Mortgage Rates Still Low

According to the New York Times mortgage rates should stay low for a few more months making it a great time to purchase a home. From 1985 to 2000, paying the principal and interest on a median-priced home came to about 22 percent of median household income while now people are spending only about 15 percent of income for the median-priced home.

To visit the New York Times Article

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