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 Buying In A Buyer’s Market 101
January 7, 2011 by
The single best advice anyone can get for buying real estate during a downturn is to do their homework. Fantastic fortunes have been won and lost entering into a bullish “buyer’s market” – get your numbers in a row. Seeking the advice of a real estate professional is always a good idea when buying a home, but even more so when the market is stagnated. A good deal may be a pig in a poke.
Real Estate Purchasing Trends of Young Professionals
January 6, 2011 by
Year in and year out, the housing market sees younger and younger people buying into their American Dream. Young people in these times have learned to save their money better than previous generations. It is crucial for young potential homeowners to understand not only their house payment, but the many pitfalls of home ownership.
Mortgage Crisis: When “Next Time” Arrives
January 5, 2011 by
The economic crisis has been blamed on everything from Wall Street conniving to sun spots, but in truth the biggest part of the recession is due to overinflated credit expectations. Loan approvals which never should have been given the stamp of approval caused borrowers and banks to fall into a deep crevasse of debt. The solution for budding homeowners is simple, ensure your ability to buy and maintain your home.
Home Value Projections for 2011
January 4, 2011 by
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
January 4, 2011 by
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.
