Mortgage interest rates drop quickly, now at 7-month lows Hi All, The big story in real estate this month was the large, quick drop in mortgage interest rates. In one 2-day stretch, rates fell .5%, one of the quickest drops on record. For context, in late October rates were around 8%, and now they’re … Continued
Buying a duplex is a great strategy for first-time buyers Hi All, Last week we hosted an in-person class for buyers interested in learning how to buy their first duplex as an owner-occupant. A duplex is a property with two units (apartments). Buying a duplex as an owner-occupant means you, the buyer, will live in … Continued
Buying Smart in the Current Market Hi All, A fun part of buying real estate is weighing the different factors when you’re deciding what to buy and recognizing value that other buyers might miss. I like to use real-world examples when I can, so today I’ll profile my friend, Amanda’s listing in North Portland … Continued
August Newsletter – advice for buyers and sellers in the current Portland condo market Hi All, As always, thanks for following along with these newsletters. About 50% of my real estate business is helping people buy and sell condos. This month, I’ll provide some advice for those planning to buy or sell a … Continued
Predictions for this summer’s market Hi All, As always, thanks for following along with these newsletters. Since we’re currently shifting from the spring market to the summer market, I’ll share my prediction for the next two months, including some advice if you’re planning to buy or sell this summer. First, some market context: … Continued