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Dave Hiller's Blog

Posted on 05/28/2020
Portland, OR Real Estate Market Update
Click here to view Portland, OR blog post which has information on the constantly changing market...
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Posted on 05/26/2020
Landlords Get Creative to Maximize Rent Collections
Photo by Jovydas Pinkevicius from Pexels For landlords and property managers working with tenants that face difficult times due to the impact of COVID-19, here is some timely information on innovative ways to deal with this time. Many landlords are finding success in collecting rental payments, even as the COVID-19 pandemic has sent unemployment skyrocketing. Some are offering...
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Posted on 05/25/2020
Mortgage Applications Continue Surprising Rebound
Photo by Tatiana Syrikova from Pexels Inspite of the continued threat from the COVID-19 Pandemic and its economic impact, home buyers are coming back into the home market enticed by record low mortgage rates. Here are more details on this situation and its impact. Buyers are reemerging in the housing market much faster than anticipated. Mortgage applications are...
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Posted on 05/25/2020
Home Improvement Trends for 2020
Image by DarthZuzanka from Pixabay Those who have lived in the same home for an extended period of time may be thinking about renovating their house. This is a chance to update the space to fit more contemporary styles while also increasing the value of the home itself. With this goal in mind, here are a few home...
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Posted on 05/24/2020
Home Sellers May Need Some Patience
Image by Gino Crescoli from Pixabay Even with less homes for sale, the median days-on-market is increasing. However not all areas in any one metropolitan area or even city are seeing this effect. For example in Tigard, Durham and King City area of the Portland, OR Metro area which includes 2 zip codes (97223, 97224). North Tigard (97223)...
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Posted on 05/24/2020
Beaverton, OR Real Estate Market Update
Click here to view Beaverton, OR blog post which has information on the constantly changing market...
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Posted on 05/22/2020
Mortgage Rates Hover Near Record Lows, Could Decline Further
Image by InspiredImages from Pixabay Continued good news for potential home buyers and sellers. The average 30-year fixed-rate mortgage interest rate is near an all-time low. Helping out in making owning a home more affordable. Here are the details. The 30-year fixed-rate mortgage continued to near its lowest average on record. The lowest average on Freddie Mac records...
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Posted on 05/22/2020
Homeowners' Insurance: What Leads to Your Cost
Photo by Designer491 via Shutterstock If you’re new to homeownership, one of your first expenses is homeowner’s insurance. Not to be confused with mortgage insurance, your homeowner policy protects you in the event of a catastrophe. Factors that Impact the Cost of Home Insurance The cost of your home is only one factor in an extensive list of...
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Posted on 05/20/2020
COVID-19 Has Sparked a Rise in Rental Fraud
Photo by kat wilcox from Pexels If you are a landlord or own residential rental property, here is a timely warning about a new threat. This could lead to lost rental income, property damage, forced evictions of tenants and increased legal costs. Here is more details regarding this. Application fraud is growing in residential rental markets since the...
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Posted on 05/20/2020
Forest Grove, OR Real Estate Market Update
Click here to view Forest Grove, OR blog post which has information on the constantly changing market...
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Posted on 05/19/2020
For Some, 30-Year Rates at 2.5% Are Possible
Photo by Lukas from Pexels For home buyers, here is some incredible news. Mortgage interest rates in the 2% range are now happening. In spite of the current pandemic, credit markets are working and home loans are coming with historically low interest rates. Here are more details. Borrowers with top-notch credit are scoring mortgage rates lower than the...
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Posted on 05/18/2020
High-end homes continue to sell during the coronavirus but some at deep discount
Image by giovanni gargiulo from Pixabay Given our current COVID-19 Pandemic situation, in the Portland market, high end homes continue to sell. You maybe able to get a great bargain especially if pay for it with cash. Also, if the home has been on-the-market a long time, this is another candidate for getting a home at a bargan....
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