There are a hundred reasons why Portland, Oregon is one of the best places to buy real estate. Not the least of these are its location, economy, and the level and number of nearby services, but the biggest reason to buy there is price at the moment. Recent dips in house prices in America’s greenest city have made property many could only dream of accessible.
Home Value Projections for 2011
The US housing market is till in stagnation even with government initiatives to relieve foreclosures and short sales. Until the job market improves, there is little chance for a full recovery even in the long term. However, price incentives do prop up the market for 2011. It’s a buyer’s housing market, but just how many people have the money to buy?
How Interest Rates are Determined for Mortgage Loans
Understanding interest rates, loan types, and the housing market in general can be a bit too much for the average person. Most people just want the American Dream and to know how much and when to pay. But this is one reason the country is in such a pickle where housing is concerned. RealtyBizNews presents another brief tutorial about the different types of loans, and who actually owns the paper on your house. Learn a bit more about who Freddie Mac and Fannie Mae are, for your own good.