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3 Tips for Choosing the Right Kitchen Lighting
Posted on 10/23/2019
3 Tips for Choosing the Right Kitchen Lighting
Image by StockSnap from Pixabay Kitchen lighting done correctly really can make a good impression on a potential homebuyer. As much time as we spend in the kitchen, having the right ligthing for that kitchen is very important. Here is some great information of choosing the right lighting for your kitchen. The lights are the jewelry of a...
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Split-Level Homes Are Making a Comeback
Posted on 10/22/2019
Split-Level Homes Are Making a Comeback
Source: Pixabay It seems like housing styles from the past can comeback into popularity even with advances in contemporary homes. Here is article about the reemergence of the split-level home. The split-level home—with its rooms on multiple floors—was all the rage in the 1970s, but you don’t see the style as much in contemporary homes. However, that may...
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Portland area sees home sales bump in September
Posted on 10/21/2019
Portland area sees home sales bump in September
Source: St. Louis Federal Reserve Bank https://fred.stlouisfed.org/series/MORTGAGE30US This year our housing market sales took a while to get going. With mortgage interest rates dropping below 4% along with slowing home price appreciation, buyers came back to the market. With the upcomming election year, more than likely mortgage interest rates will stay below 4% through 2020. The challenge will...
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6 Design Tips for Beginners
Posted on 10/20/2019
6 Design Tips for Beginners
Beginning a new habit, job, or task could be daunting. Your debut as a designer could even be frightening. However, like any other task, some tips help starters and experienced decorators alike. Several tools aid in creating great designs, but often the whole design process is left to the designer to decide, and that could be hard for...
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Where the Tiniest Homes Are in America
Posted on 10/19/2019
Where the Tiniest Homes Are in America
Photo courtesy of Victoria Borodinova from Pixabay https://pixabay.com Portland, OR ranks as #36th out of the top 50 with an average size of a studio being 528 square feet going for an average monthly rent of $1,498. Our neighbor to north, Seattle, ranks as #11 at an average size studio of 475 square feet rents of an average...
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Mortgage Rates Leap, But Buyers Shouldn’t Worry
Posted on 10/18/2019
Mortgage Rates Leap, But Buyers Shouldn’t Worry
Sorce: Freddie Mac and REALTOR® Magazine Inspite of the slight uptick in mortgage rates, it is still a great time to buy a home. As pointed out in the article, today's rates are a percentage point lower than at this time last year. More than likely mortgage rates will tend to lower through the end of this year...
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Even Move-Up Buyers Face Fraught House Hunts
Posted on 10/17/2019
Even Move-Up Buyers Face Fraught House Hunts
Image by Paul Brennan from Pixabay In Tigard, OR in the last 12 months 487 homes were sold. Currently the market has 67 homes for sale and a low inventory of 1.7 months. Buyers are challenged in finding homes in the market given the small number available along with the condition that the homes are in. Many are...
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Onerous Student Loans Top Down Payment Costs!
Posted on 10/16/2019
Onerous Student Loans Top Down Payment Costs!
Image by Escola Espai from Pixabay In Oregon the facts are: Balance(in billions) Borrowers(inthousands) Avg DebtPerBorrower Median HomeSale Price(July 2019) 10% DownPayment DownPaymentvs Debt $16.50 490 $33,646 $334,375 $35,000 104.0% Here is additonal information on the challenges of having student loans and getting money for purchasing a home. Students are borrowing more money nowadays, not only causing them...
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How Much Public Transit Adds to Home Values
Posted on 10/16/2019
How Much Public Transit Adds to Home Values
Image by Robert-Owen-Wahl from Pixabay Here is data that supports being near a subway, light rail, commuter rail or a bus line adds value to your home. Besides increasing your home's value, having transit options nearby can save you money in transit costs including not relying solely on a car for tranportation. Neighborhoods located within a half-mile of...
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Designers Sound Off on the Worst Bathroom Colors
Posted on 10/15/2019
Designers Sound Off on the Worst Bathroom Colors
Image by Michal Jarmoluk from Pixabay Great article on aoiding the wrong color scheme in your bathroom. I hope you find it useful information. Nothing ruins a bathroom like a bad hue, and the gray trend may be one of the worst offenders, designers say. “Bathrooms tend to be enclosed spaces, so greige-y muddy colors can make the...
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Is Household Formation Strong or Weak?
Posted on 10/14/2019
Is Household Formation Strong or Weak?
Source:Oregon Office of Economic Analysis Here is information on Oregon's population growth, increasing household formations and the impacts of economic growth, housing availability and affordability. Our state continues to attract an inward migration. That comes with both positive and negative impacts. Overall the number of households in the state continues to increase. This is no surprise given that...
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Your Real Estate Resource: Moving On Guide for Those 55 and Better!
Posted on 10/14/2019
Your Real Estate Resource: Moving On Guide for Those 55 and Better!
A free resource guide available to housing-related resources tailored to seniors and their families. Tpocs covered include: - Is it time to sell your home? - Why selling a senior's home is different. - What is a SRES®? - The SRES® professional network, - Issues to consider before starting the process. - What to expect from your SRES®....
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