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Tag: Dave Hiller

Posted on 08/04/2020
9 Rules Tenants Most Often Break
Image by Gerd Altmann from Pixabay As an active owner of residential multi-family units, I can related to the following survey on tenants behavior in breaking rules. Even with nearly bulletproof lease agreements, tenants break rules. Most of the transgressions are minor. Still it is important to have regular inspections of your units and make the visit about...
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Posted on 08/02/2020
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 08/01/2020
Asking Prices Surge to a Record High!
Image by Paul Brennan from Pixabay For Portland, OR Metro market, there has been an increase in home listing prices, up 5.3% from the same time last year. The median list price is nearly $500,000. Meanwhile, the number of new listing is down 15.5% compared to a year ago. Median days on market has slightly increased to 45...
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Posted on 07/31/2020
30-Year Mortgage Rate Drops to 2.99% Average
The national avaerage for 30 year fixed-rate mortgage interest rates has sunk below 3%. This is historic and continues to help home buyer's get affordable financing. It continues to be a great time to shopping for a home purchase. For more details, continue to read on. Thirty-year fixed-rate mortgages crossed below the 3% threshold—not only the second time...
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Posted on 07/30/2020
The Top Stressors When Selling a Home
Image by Paul Brennan from Pixabay Here is some great information that comes from a national survey of home seller's and what are some of the highest stress situations they face. In addition the seller's top repair and remoldeling projects they expect to complete prior to selling their home. Also, the amount of money expected to be needed...
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Posted on 07/29/2020
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 07/28/2020
‘Google’ Your Mortgage?
Image by Photo Mix from Pixabay Here is news about another search tool Google offers to help home buyers undestand all the terms and processes involved in getting a mortgage. Also it gives home buyers tools to do comparison shopping on a home mortgage. You could save over $44,000 in loan payments over the life of a mortgage....
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Posted on 07/24/2020
Metropolitan Median Area Prices and Affordability
Image by Paul Brennan from Pixabay The national median existing single-family home price in the first quarter of 2020 was $274,600, up 7.7% from the first quarter of 2019. In Portland, OR. in the first quarter, the median home price was $416,100 (51% higher than national median) up 6.5% (15% below the national median). Our high home prices...
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Posted on 07/22/2020
Hot Kitchen Trends According to Instagram
Image by Stefano Ferrario from Pixabay A great source for what is trending on social media is Instagram. The following survey done using Instagram posts in 2020 has traditional granite countertops, white painted kitchens along with modern designs as the most popular. The following article has more information on what detailed information the survey found. What’s cooking in...
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Posted on 07/21/2020
Tigard, OR Real Estate Market Update
Click here to view Tigard, OR blog post which has information on the constantly changing market...
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Posted on 07/18/2020
Mortgage Rates Dip Below 3% for the First Time
The incredible historical reduction in long term mortgage interest rates continues. Helping make homes more affordable especially for first-time buyers. Here are more details on the national average mortgage rates and points for this week. The 30-year fixed-rate mortgage averaged 2.98% this week, the lowest rate in Freddie Mac’s records dating back to 1971. “The drop has led...
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Posted on 07/17/2020
Hillsboro, OR Real Estate Market Update
Click here to view Hillsboro, OR blog post which has information on the constantly changing market...
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