118 NW King Avenue #33 Portland, OR 97210 | King Davis Condominiums

118 NW King Ave Portland, OR 97210 | Portland Real Estate

Live the urban lifestyle in a historic NW Portland building. Tasteful updates with classic charm.True one bedroom condominium w/ clawfoot tub,walk in closet,updated kitchen w/ gas range,in unit washer and dryer, patio with city views, storage and more. Private 16 unit building.Phenomenal Alphabet District/Nob Hill location a block from 21st.20 minute living within your reach!

Bidding Wars Are Back, Agents Say

HomeBuyer

Some real estate markets are reporting that home buyers are having to pay more than asking price to get the home they desire, as the supply of for-sale homes has shrunk, Bloomberg News reports. Bidding wars were a common part of real estate in 2006. But when the market turned from a “seller’s market” to [...]

Next Foreclosure Wave Coming: Reason for Alarm?

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Economists have been warning that a flood of foreclosures will soon be hitting the real estate market, likely this summer. Increases in foreclosures traditionally pull down nearby home prices. So should home owners be worried? As of now, housing reports continue to show month-over-month drops in foreclosures. CoreLogic released a report late last week that [...]

Housing Market Reaches Turning Point, Economists Say

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Economists say the housing market is starting to heal, but too many people aren’t aware of it because they’re judging a housing recovery on the wrong sign: What’s happening with home prices. Paul Dales at Capital Economics says higher prices won’t be the sign that the housing market is on the mend — that can [...]

Hosted Bull Mountain New Construction March 18th

JT Roth Homes - Bull Mountain and Tigard Real Estate

We will be hosting three beautiful homes built by award winning builder JT Roth on Sunday March 18th, 2012 from 1:00p, to 4:00pm.  Please stop by to tour these beautiful homes or contact us directly for a private tour at 503-453-2886.

Gov’t Trims Half of Its Foreclosure Inventory

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The government was able to chip away at its foreclosure inventory in 2011, reducing it by nearly half, HousingWire reports in analyzing financial statements from three government enterprises. From the end of 2010 to 2011, Freddie Mac, Fannie Mae, and the Department of Housing and Urban Development saw a 49 percent reduction in the number [...]

When Will the Housing Supply Normalize?

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The housing supply is expected to normalize in two to four years, Barclays Capital projects, assuming that household formation rates increase to 1.1 million and construction remains slightly above 2011 levels. Household formation–which is a reflection of population growth and housing affordability–has drastically dropped since 2007, reaching about 300,000 to 500,000 per year. Historically, the [...]

Buffett: ‘I’d Buy Up a Couple Hundred Thousand’ Homes

WarrenBuffett

Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC’s “Squawk Box” recently that he’d “buy up a couple hundred thousand” single-family homes if it was practical. Buffett said that’s because he believes purchasing a home with ultra-low mortgage rates and holding it for the long-term has become a better investment than stocks [...]

FHA Hikes Fees on Mortgages

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Home buyers with mortgages backed by the Federal Housing Administration will soon see a rise in fees, the agency announced Monday. The agency is raising its fees in an effort to try to recoup some of its depleted reserves*, which suffered from the rising number of home owners who defaulted on their mortgages. The agency [...]

Home Sales on the Rise: Ready for Spring Buying Season?

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Existing-home sales rose 4.3 percent in January to a seasonally adjusted annual rate of 4.57 million, marking the third gain for home sales in the last four months, the National Association of REALTORS® reports. “The uptrend in home sales is in line with all of the underlying fundamentals – pent-up household formation, record-low mortgage interest [...]