I get asked about new construction in Lake Oswego all the time so writing this post should answer a number of questions.
First off, Lake Oswego is a very mature community (I'm not talking about the age of the residents). The last large planned … [Read More...]
I was predecting an appreciation between 10 and 12% all year but was pleasantly surprised at the final number being 12.9%. The market slow down which usually happens in November and December didn't materialize because there was such a low level of i … [Read More...]
The Oregon Bond Loan Progam for First Time Homebuyers (have not owned a home in the last three years) has funding for reduced fixed rate loans and a 3% downpayment assistance program. The 1.75% fees are very similiar to FHA but the interest rate is … [Read More...]
You don't see properties like this very often so I wanted to highlight it. It is just outside of the Urban Growth Boundary so it isn't developable yet, but will be in the future. 2.8 acres with a decent house at just $424,900. … [Read More...]
Portland has been named the Greatest City in the US by Movoto Real Estate Blog (one of the most popular blogs on the subject). To arrive at the top 15 list, Movoto looked at traditional indicators like education, employment, environment, cost of … [Read More...]
First off it is important to understand the difference between PreQualified and PreApproved.
PreQualified means a buyer has talked with a lender and said, 'I have good credit, I have this much money in the bank and I my monthly income is this, how … [Read More...]